806 Diamond AveGaithersburg, MD 20878

Property Details for 806 Diamond Ave

Lot size

1.00 AC

Property size (Sq ft)

1,097 SF

Zone code

C2

Property type

Office properties

APN

09-03554348

APU

903554348

Description

This exceptional executive office center, located at 806 & 818 W. Diamond Ave in Gaithersburg, Maryland, presents a unique investment opportunity. The Quince Tree Executive Center boasts a total of 77,763 square feet of commercial office space within two suites, situated in Montgomery County. Built in 1985, this property offers significant flexibility for businesses seeking immediate occupancy. The entire 77,763 square feet is currently vacant, providing a blank canvas for a single large tenant or the potential to divide the space. Minimum divisible space starts at 37,119 square feet, while the maximum contiguous space available is 40,644 square feet. This prime location in Gaithersburg offers convenient access to I-270, making it an ideal location for businesses seeking easy commutes and strong regional connectivity. The property's size and layout make it suitable for a variety of uses, from corporate headquarters to large-scale professional practices. This is a rare opportunity to acquire a substantial, fully vacant office building in a highly desirable location within Montgomery County, Maryland. The property's zip code is 20878. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $271,861

  6.5%

  $250,948

  7%

  $233,023

• Comparable approach

  Method

  Valuation

  Relative Method

  $148,345

  Geo Method

  $219,334

• Alternative Use

  Use

  Valuation

  Residential

  $311,176

  Hospitality

  $285,035

  Educational

  $237,146

  Medical

  $245,302

  Retail

  $368,894

Location Insight

City

Gaithersburg

County

Montgomery

State

Maryland

Latitude

39.1421

Longitude

-77.216

CBSA code

47900

CBSA name

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

Property Tax & Assessments

FAQs

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