4 Taft CtRockville, MD 20850

Property Details for 4 Taft Ct

Year built

1983

Construction

BRICK

Lot size

1.93 AC

Property size (Sq ft)

50,984 SF

Zone code

I4

Property type

Office properties

Property subtype

Office buildings

APN

04-01762137

APU

401762137

Description

This expansive 10,359-square-foot office space occupies the entire third floor of 4 Taft Court in Rockville, MD. Located on a 1.93-acre lot, this unit offers unparalleled size and flexibility, ideal for a variety of businesses. The space is adaptable to various needs, from corporate headquarters to coworking spaces, medical offices, or creative studios. A significant $10 per square foot build-out credit is offered by the seller, allowing for customized design and layout to perfectly suit your operational requirements. The prime Rockville location provides easy access to major highways and public transportation, connecting you to the vibrant local business community. The building features abundant parking and two elevators, ensuring convenient access for employees and clients. With only nine other units in the building, this space offers a sense of exclusivity and reduced foot traffic. This property presents a unique opportunity to establish a thriving business in a dynamic and accessible location within a thriving commercial hub. Contact us to schedule a viewing and explore the potential of this exceptional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $11,868,965

  6.5%

  $10,955,968

  7%

  $10,173,399

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,211,549

  Geo Method

  $10,193,741

• Alternative Use

  Use

  Valuation

  Residential

  $13,585,400

  Hospitality

  $12,444,153

  Educational

  $10,353,390

  Medical

  $10,709,458

  Retail

  $16,105,273

Location Insight

City

Rockville

County

Montgomery

State

Maryland

Latitude

39.0954

Longitude

-77.1311

CBSA code

47900

CBSA name

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

Property Tax & Assessments

FAQs

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