12410 Milestone Center DrGermantown, MD 20876

Property Details for 12410 Milestone Center Dr

Year built

2002

Lot size

8.97 AC

Property size (Sq ft)

187,500 SF

Zone code

CR2.0

Property type

Office properties

Property subtype

Office buildings

APN

02-03625583

APU

203625583

Description

This Class A, 15,335 square foot office building in Montgomery County, renovated in 2019, offers a diverse range of workspace solutions. The property features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. Options include executive suites, coworking spaces, and creative offices, catering to businesses of all sizes. Amenities include high-speed Wi-Fi, administrative support, reception services, mail handling, and access to common areas such as lounges, kitchens, and coffee areas. On-site services may include printing, telephone, and access to meeting rooms. The building is equipped with elevators. Tailored office solutions are available, ranging from single-person private offices to large open-plan spaces accommodating up to 100+ desks. Flexible membership options provide access to various shared spaces and services, with options for daily, monthly, or longer-term commitments. The building prioritizes a safe and productive work environment for its tenants. This location provides a prestigious business address and is part of a global network of workspaces, offering unparalleled convenience and flexibility. The building offers 24/7 access for many options. Note that images shown may not represent this specific center.

• CAP approach

  CAP return

  Valuation

  6%

  $44,626,920

  6.5%

  $41,194,080

  7%

  $38,251,648

• Comparable approach

  Method

  Valuation

  Relative Method

  $37,488,748

  Geo Method

  $37,488,748

• Alternative Use

  Use

  Valuation

  Residential

  $51,080,660

  Hospitality

  $46,789,612

  Educational

  $38,928,408

  Medical

  $40,267,216

  Retail

  $60,555,300

Location Insight

City

Germantown

County

Montgomery

State

Maryland

Latitude

39.2004

Longitude

-77.2637

CBSA code

47900

CBSA name

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

Property Tax & Assessments

FAQs

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