Property profile

701 Russell Ave Gaithersburg, MD 20877

OFF-MARKET
Super regional malls
Property ID
US40-1177462
409,447 SF 30.6 ac lot Built 1978
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1978
Construction BRICK
Total area 409,447 SF
Lot 30.6 ac (1,332,936 SF)
Zoning code C2
APN 09-01806937
UPID US40-1177462

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Veterinary Clinic
  • Mobile Phone Store Electronics & Wireless Store
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

701 Russell Ave Gaithersburg, MD 20877-2631
Gaithersburg metro Census 700713 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$16.18M

Owner & transaction history

since 2022
Last sale
$22.5M
7 recorded transactions
2022
Price N/A
2019
$22.5M
2018
$19.1M
2012
Price N/A
2012
$102.5M
2010
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Gaithersburg, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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