200 Adams StRockville, MD 20850

Property Details for 200 Adams St

Construction

BRICK

Lot size

0.16 AC

Property size (Sq ft)

1,176 SF

Zone code

MXT

Property type

Office properties

Property subtype

Office buildings

APN

04-00149390

APU

400149390

Description

This exceptional commercial office space in Rockville, MD, presents a fantastic opportunity for businesses seeking a prime location and convenient amenities. Situated on a 0.16-acre lot at 200 N Adams Street, this three-level building offers four individual offices – two on each of the first and second floors – providing flexibility for various business needs. The property boasts a spacious conference room, ideal for meetings and presentations, and a fully equipped kitchen, enhancing employee comfort and convenience. Two well-appointed bathrooms are included, one of which features a shower. Ample on-site parking is available, ensuring easy access for both staff and clients. The building's corner location provides excellent visibility and accessibility. Furthermore, its proximity to the Rockville Metro station offers unparalleled convenience for employees and clients utilizing public transportation. This is a truly exceptional opportunity to establish or expand your business in a highly desirable and accessible location within Rockville. The building's features and location combine to create an ideal work environment. The address is 200 N Adams Street, Rockville, MD. The lot size is 0.16 acres. The property is currently listed at $0, but the price is negotiable.

• CAP approach

  CAP return

  Valuation

  6%

  $273,770

  6.5%

  $252,711

  7%

  $234,660

• Comparable approach

  Method

  Valuation

  Relative Method

  $143,276

  Geo Method

  $235,129

• Alternative Use

  Use

  Valuation

  Residential

  $313,362

  Hospitality

  $287,038

  Educational

  $238,812

  Medical

  $247,025

  Retail

  $371,485

Location Insight

City

Rockville

County

Montgomery

State

Maryland

Latitude

39.0869

Longitude

-77.1552

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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