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Property profile & analytics
FOR SALE
Office buildings
8 Brookes Ave Gaithersburg, MD 20877
Individually Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-1001789
For Sale
1 / 12
$1,650,000
8 Brookes Ave, Gaithersburg, MD 20877
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1922
Construction
BRICK
Total area
4,934 SF
Lot
0.39 ac (17,076 SF)
Zoning code
RB
APN
09-02450382
UPID
US40-1001789
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Blessing Home Healthcare Services Home Health Care Service
-
Natalie Gwin Physician Medical Clinic
-
Sunshine Insurance Co Insurance Agency
-
DMV Business Network Business Networking Company
-
VBK Weddings Wedding Service Event Planning
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$960k
CAP Approach
CAP
$990k
Comparable Approach
Comparable
$773k
Blend (final)
Blend
$810k
Owner & transaction history
Rodney M Thompson · 13 yrs held
Rodney M Thompson
since 2013
Last sale
$668,000
4 recorded transactions
Zoning & alternative use
RB · Gaithersburg, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gaithersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gaithersburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,065,000
ML approach
$960,000
CAP Approach
CAP Return
Estimation
6%
$1,070,000
6.5%
$990,000
7%
$920,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,215,000
Current use
Blend value · Realmo final
$810k
Range $729k – $891k · ±10% · vs last sale $668k (Jun 11 2020)
Last sale anchor
$668k
Jun 11 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$164 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$9,232
Tax year 2022
Assessed value
$650,300
Assessed 2023
Previous assessed
$650,300
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$329,900
Assessed improvement
$320,400
Land market value
$329,900
Improvement market value
$320,400
Total market value
$650,300
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1922
Construction
BRICK
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
4,934 SF
Lot
0.39 ac (17,076 SF)
Zoning code
RB
APN
09-02450382
UPID
US40-1001789
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
RB · Gaithersburg, MD
Zoning RB · permitted uses
RB · Gaithersburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gaithersburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
OFFICE BUILDING Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1922
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Rodney M Thompson
Individual
Free & Clear · 13 yrs held
Mailing address
7436 BEE BEE DR, ROCKVILLE, MD 20855-2019
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2020
—
Brookes Realty LLC
—
Deed
related
$414,947 · Thompson Janice W Trust (rt)
Jan 16, 2013
—
Rodney M Thompson
Thompson R M Trust
Quit Claim Deed
related
—
Jan 16, 2013
$690,000
Brookes Realty LLC
Thompson,rodney M
Grant Deed
$575,000 · Thompson Rodney M Trust (rt)
—
—
Brookes Realty LLC
—
Loan Modification
related
$414,947 · Thompson Janice W Trust (rt)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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