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Property profile & analytics
FOR LEASE
Office buildings
9801 Washingtonian Blvd Gaithersburg, MD 20878
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US40-0174942
For Lease
1 / 13
Contact for pricing
9801 Washingtonian Blvd, Gaithersburg, MD 20878
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
BRICK
Total area
300,092 SF
Lot
5.1 ac (222,156 SF)
Zoning code
MXD
APN
09-02867430
UPID
US40-0174942
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
-
Seegene Inc Corporate Office
-
Sodexo Property Management Company Business Management Consultant
-
Gabriel Aranguren with Samson Properties Real Estate Agency
-
Samia Rechache, Samson Properties Real Estate Agency
-
Ideal Realty Group Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$60.19M
Comparable Approach
Comparable
$86.67M
Blend (final)
Blend
$65.87M
Owner & transaction history
Prime Us-one Washingtonian LLC · 6 yrs held
Prime Us-one Washingtonian LLC
since 2019
6 recorded transactions
Zoning & alternative use
MXD · Gaithersburg, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$93.9M
+7.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$65,200,000
6.5%
$60,185,000
7%
$55,885,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$87,675,000
Current use
WAREHOUSE, STORAGE
$93,925,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$65.87M
Range $59.28M – $72.45M · ±10%
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
$219 / 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
$1,170,645
Tax year 2022
Assessed value
$89,000,000
Assessed 2023
Previous assessed
$90,509,033
-1.7% YoY
Effective rate
1.32%
On assessed value
Assessed land
$5,149,500
Assessed improvement
$83,850,500
Land market value
$5,149,500
Improvement market value
$83,850,500
Total market value
$89,000,000
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 Lease
Year built
1989
Construction
BRICK
Heating
YES
Cooling
YES
Stories
13
Units
1
Total area
300,092 SF
Lot
5.1 ac (222,156 SF)
Zoning code
MXD
APN
09-02867430
UPID
US40-0174942
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXD · Gaithersburg, MD
Zoning MXD · permitted uses
MXD · 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
$87.7M
WAREHOUSE, STORAGE
Est. value
$93.9M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
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
1989
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
13
Units
1
Lot
5.1 ac
Current owner
From public records · entity-resolved
Prime Us-one Washingtonian LLC
Entity
Mailing address
590 MADISON AVE STE #950, NEW YORK, NY 10022-2524
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2024
—
Prime Us One Washingtonian LLC
—
Deed
related
$150,000 · Bank Of America NA
Aug 13, 2019
$10,210,000
Prime Us-one Washingtonian LLC
Kbsiit One Washingtonian LLC
Grant Deed
—
Nov 29, 2017
—
Kbsiii One Washingtonian LLC
—
Deed
related
$1,010,000,000 · Bank Of America
Jun 28, 2013
$85,250,000
Kbsiii One Washingtonian LLC
Spusv5 One Washingtonian LLC
Grant Deed
$170,760,000 · Bank Of America
Dec 5, 2011
—
Spusv5 One Washingtonian LLC
—
Deed Of Trust
related
$62,000,000 · Bank Of America
Dec 1, 2000
—
Maryland State
Washington Properties LP
Trustees Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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