4110 Aspen Hill RdRockville, MD 20853

  • Office buildings
  • 31,833 SF
For Lease
$22/SF/YR View listing

Property Details for 4110 Aspen Hill Rd

Year built
1968
Construction
BRICK
Lot size
0.53 AC
Property size (Sq ft)
31,833 SF
Zone code
EOF1.
Property type
Office buildings
APN
13-01281850
APU
1301281850

Description

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$45,060
-
-
$3,808,733
-
$997,200
$2,811,900
$3,809,100

FAQs

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