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Property profile & analytics
OFF-MARKET Estimated value $700,000
Medical Office Space

9701 New Church St Damascus, MD 20872-2000

7,016 SF 1.57 ac lot
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US40-0698248
Property summary
AI-generated overview

This single-story, Class B office building in Damascus, Montgomery County, MD offers 7,016 square feet of versatile space, ideal for various professional uses. Two suites are currently available, totaling 2,688 contiguous square feet, with a minimum divisible space of 1,212 square feet. Suite C offers 1,212 square feet, while Suite D provides 1,476 square feet; these can be combined for a total of 2,688 square feet. The building features ample parking with 10 spaces. The full-service lease includes utilities, trash removal, and snow removal, along with CAM charges. The landlord is willing to consider covering paint and carpet upgrades for suitable tenants. The property is conveniently located in the heart of Damascus, offering easy access to local amenities. While general dentistry is not permitted, specialty dentistry is welcome. Chiropractic care, physical therapy, and massage therapy are not allowed. The property is expected to be available by the end of October. This presents a fantastic opportunity for medical, executive, creative, or traditional office users, potentially even a salon, depending on the specific use.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Construction BRICK
Total area 7,016 SF
Lot 1.57 ac (68,350 SF)
Zoning code CRT1.
APN 12-02900251
UPID US40-0698248
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
  • BETSY BOWEN Physician
  • Richard Shin, D.D.S., M.S. Dental Office
  • Heather Piner Physician
  • UXstorm LLC Corporate Office
  • Dr. Arthur Woodward Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$699k
Blend (final) Blend
$700k
Owner & transaction history
C K A Management Solutions LLC · 14 yrs held
C K A Management Solutions LLC
since 2012
4 recorded transactions
2020
Price N/A
2017
Price N/A
2012
$1.7M
1969
Price N/A
Zoning & alternative use
CRT1. · Damascus, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $985,000 +111.0%
Retail stores $930,000 +99.4%
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