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    7520 Standish Pl Rockville, MD 20855
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    Property profile & analytics

    7520 Standish Pl Rockville, MD 20855

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    • Industrial properties
    • 18,432 SF
    • 9.72 lot acres
    For Lease
    $2,665,000
    View Listing →
    Rockville Office Space Available For Lease
    $2,665,000
    1,584 SF

    Rockville Office Space Available

    Office space for rent in Rockville, Maryland.

    7520 Standish Pl, Rockville, MD
    View Listing
    Property ID
    US40-1095134
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Laura Keene / Counselor / Practitioner Service Location
    • Beth F. Fritsch, RPh / Pharmacy
    • Maryland Integrative Counseling Associates / Medical Clinic
    • Dr. Dena R. Hixon, MD / Physician
    • Blue Star Service Solutions, Inc / Distribution Center / Logistics Company

    Property Details for 7520 Standish Pl

    Year built
    1985
    Construction
    BRICK
    Lot size
    9.72 lot acres
    Property size
    18,432 SF
    Zone code
    IM2.5
    Property type
    Industrial properties
    APN
    04-02415162
    APU
    402415162

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,000,000
      6.5%
      $2,770,000
      7%
      $2,570,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rockville
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.1555
    Latitude
    39.1076
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $135,717
    $6,134,500
    $4,365,500
    $10,500,000
    -
    $6,134,500
    $4,365,500
    $10,500,000

    Comparable in this City

    • Value Estimation
      $5,215,000
      14,204 SF

      7501 Standish Pl

      INDUSTRIAL PARK • 14,204 SF
      7501 Standish Pl, Rockville, MD 20855
      View Details
    • Value Estimation
      $8,955,000
      24,872 SF

      7600 Standish Pl

      INDUSTRIAL PARK • 24,872 SF
      7600 Standish Pl, Rockville, MD 20855-2744
      View Details
    • Value Estimation by Request
      4.86 Acres

      Redland Rd

      INDUSTRIAL (GENERAL) • 4.86 Acres
      Redland Rd, Derwood, MD 20855
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    • Value Estimation
      $590,000
      4.37 Acres

      15955 Frederick Rd

      INDUSTRIAL (GENERAL) • 4.37 Acres
      15955 Frederick Rd, Rockville, MD 20855-2286
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    • Value Estimation by Request
      1.87 Acres

      15421 Frederick Rd

      INDUSTRIAL (GENERAL) • 1.87 Acres
      15421 Frederick Rd, Rockville, MD 20855-2135
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    • Value Estimation by Request
      0.29 Acres

      Stonestreet Ave

      INDUSTRIAL (GENERAL) • 0.29 Acres
      Stonestreet Ave, Derwood, MD 20855
      View Details

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      1.00 Acre

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    • $340,000

      Derwood Land Parcel For Sale

      1.3670 acre lot in Derwood near Olney and Rockville.
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    Similar Nearby for Lease

    • Contact for pricing

      Conveniently Located Business Center

      Accessible location near major transportation routes, suitable for diverse businesses.
      15958 Derwood Rd, Derwood, MD 20855
      View Details
    • Contact for pricing
      8,168 SF

      Rockville Flex/Industrial Space Available

      Flex/Industrial space available for lease in Rockville, Maryland.
      7668-7684 Standish Pl, Rockville, MD 20855
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    • Contact for pricing
      3,143 SF

      Rockville Flex / Industrial Space

      Flex / Industrial space available for lease in Rockville, MD.
      7630-7642 Standish Pl, Rockville, MD 20855
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    • Contact for pricing
      117,941 SF

      Rockville Office Space Available

      Office building in Rockville, MD with 117941 square feet.
      7500 Standish Pl, Rockville, MD 20855
      View Details
    • Contact for pricing
      2,424 SF

      Rockville Office Space Available

      Office space for rent in Rockville, Maryland.
      7520 Standish Pl, Rockville, MD 20855
      View Details
    View Listing
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    Rockville, MD 20855
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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