Property profile

8 Diamond Ave Gaithersburg, MD 20877

OFF-MARKET
Community centers
Property ID
US40-0823613
13,888 SF 1.08 ac lot Built 1973
Trust Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1973
Construction BRICK
Total area 13,888 SF
Lot 1.08 ac (47,067 SF)
Zoning code CBD
APN 09-00818438
UPID US40-0823613

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
  • Bakery Specialty Food Shop
  • Tax Preparation
  • Tax Preparation
  • Restaurant

Location

8 Diamond Ave Gaithersburg, MD 20877-3138
Gaithersburg metro Census 700723 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$840k
CAP Approach CAP
by Request
Comparable Approach Comparable
$414k
Blend (final) Blend
$625k

Owner & transaction history

since 2004
4 recorded transactions
2022
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CBD · Gaithersburg, MD
Zoning description

The purpose of CBD Zone is intended to foster revitalization by promoting a desirable mix of commercial, office and residential uses, and providing public amenities, for attracting a variety of leisure uses and activitie…

General category COMMERCIAL

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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