12850 Middlebrook RdGermantown, MD 20874

Property Details for 12850 Middlebrook Rd

Year built

1985

Construction

BRICK

Lot size

3.44 AC

Property size (Sq ft)

76,267 SF

Zone code

CO

Property type

Office buildings

APN

09-03315661

APU

903315661

Description

This 1,100 square foot Class A office condo, located in Suite 305A of the Trevion Corporate Park at 12850 Middlebrook Road, Germantown, MD 20874, is available for $302,500. The property is part of a two-building, four-story complex, built in 1989 and renovated in 2019. The renovation included a new lobby, elevators, and restrooms, featuring elegant finishes and a bright, open atrium. This vacant unit is ideal for owner-users seeking a versatile space suitable for executive, medical, or traditional office uses. The Trevion Corporate Park enjoys a prime location in Germantown's Town Center, offering easy access to Holy Cross Hospital, the Department of Energy, Montgomery College, and numerous retail amenities. Ample free parking is available, exceeding the average parking ratio. The property's proximity to shopping centers, restaurants, banks, recreational facilities, residential areas, and the Germantown MARC Train Station adds to its appeal. This is a multi-tenancy building. The asking price is $275 per square foot.

• CAP approach

  CAP return

  Valuation

  6%

  $18,152,328

  6.5%

  $16,755,995

  7%

  $15,559,138

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,248,824

  Geo Method

  $15,248,824

• Alternative Use

  Use

  Valuation

  Residential

  $20,777,434

  Hospitality

  $19,032,018

  Educational

  $15,834,415

  Medical

  $16,378,985

  Retail

  $24,631,312

Location Insight

City

Germantown

County

Montgomery

State

Maryland

Latitude

39.1776

Longitude

-77.2667

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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