20 Courthouse SqRockville, MD 20850

  • Other commercial real estate
  • 1,496 SF
For Sale

Property Details for 20 Courthouse Sq

Lot size
0.01 AC
Property size (Sq ft)
1,496 SF
Zone code
TCM1
Property type
Other commercial real estate
APN
04-02935578
APU
402935578

Description

This exceptional commercial property at 20 Courthouse Square in Rockville, Maryland, offers a unique blend of retail and office spaces, ideal for a variety of businesses. Located in the heart of Rockville, this property boasts unparalleled convenience and high visibility. The building features multiple units ranging in size from approximately 1,268 to 3,507 square feet, providing flexibility for businesses of all sizes. The asking price per square foot is $225. The property's prime location directly across from the Montgomery County Courthouse and just three blocks from the METRO station ensures high foot traffic and easy accessibility for both employees and clients. Its proximity to Rockville Town Center further enhances its desirability. The professional office spaces are ready for immediate occupancy, offering a move-in-ready solution for businesses seeking a prestigious address. This is a rare opportunity to secure a highly sought-after commercial space in one of Maryland's most vibrant and thriving communities. The property is classified as a shopping center and offers executive office suites, making it suitable for a diverse range of commercial enterprises. The address is 20 Courthouse Square, Rockville, MD 20850. This property presents a compelling investment opportunity in a dynamic and rapidly growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $398,630
    Hospitality
    $365,143
    Educational
    $303,795
    Medical
    $314,243
    Retail
    $472,570
20 Courthouse Sq, Rockville, Maryland

Location Insight

City
Rockville
County
Montgomery
State
Maryland
Latitude
39.0845
Longitude
-77.1517
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
$7,872
$179,500
$418,900
$598,400
-
$179,500
$418,900
$598,400

FAQs

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