This exceptional executive office property, located at 4110 Aspen Hill Road in Rockville, Maryland, offers a total of 13,674 square feet of prime office space within Montgomery County. Currently, the entire building is available for lease, presenting a unique opportunity for a single tenant or multiple tenants seeking contiguous space. The property features two suites, with a minimum divisible space of 4,536 square feet and a maximum contiguous space of 9,138 square feet. This flexible layout caters to businesses of varying sizes and needs. The building's address is 4110 Aspen Hill Road, zip code 20853, providing convenient access to major transportation routes and amenities within Rockville. The property is classified as an Executive Office building, reflecting its high-quality construction and finishes. This is an excellent opportunity to secure a prominent location in a thriving business community. The property's location in Montgomery County, Maryland, offers access to a skilled workforce and a robust business infrastructure. The entire 13,674 square feet is currently vacant, allowing for immediate occupancy and customization to suit a tenant's specific requirements. Interested parties are encouraged to inquire about lease terms and conditions.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$8,114,600
6.5%
$7,490,400
7%
$6,955,380
Comparable approach
Method
Valuation
Relative Method
$3,302,340
Geo Method
$5,316,430
Alternative Use
Use
Valuation
Industrial / Distribution
$14,203,000
Retail / Commercial
$7,389,690
Mixed-Use / Specialty
$7,447,250
Hospitality / Lodging
$5,573,050
Institutional / Educational
$7,772,130
Residential Income
$9,093,390
Multifamily
$10,441,000
Automotive / Energy
$6,661,830
Parking / Income-Based Land
$2,216,020
Restaurant / Food Service
$4,052,450
Healthcare / Senior Housing
$7,550,970
Location Insight
City
Rockville
County
Montgomery
State
Maryland
Latitude
39.0798
Longitude
-77.0818
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Aspen Hill Rd Rockville, MD 20853
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Aspen Hill Rd Rockville, MD 20853
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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