Ralph M Duarte - Commercial Real Estate Showcase

Ralph M Duarte Property Listings
Managing Director
5301 Buckeystown Pike
Suite 460
Frederick, MD 21704-8370
(301) 682-9750
(240) 331-2168

President Elect - Maryland/DC CCIM Chapter
President Elect - Maryland/DC CCIM Chapter Less 
415 E Diamond Avenue - CEI 7

Gaithersburg, MD 20877 - Gaithersburg Ind Submarket

Property Type:Industrial Sub Type:Service Status:Existing , Renov 1999 Year Built:1989
Building Size:10,800 SF Land Area:.52 AC (22,651 SF)
Ceiling Height:- Loading Docks:No Rail:- Power:-
For Sale Price:$1,800,000 Price/SF:$166.67
Cap Rate:7.50 %
Zoning:I1, County Sprinklers:- Drive Ins:4 tot. Cranes:-
Parking:20 Surface spaces are available; Ratio of 2.5/1,000 SF
10,800 SF is available to occupy upon purchase.

Property Description: Industrial Zoned Garage/Auto Repair
Property Use Description: Industrial Zoned Garage/Auto Repair

This property is connected to 417 E Diamond Ave.

Sale Notes:
Olde Town Gaithersburg has undergone a multi-year redevelopment plan to create a town center plan including retail, office and multi-family facilities. Olde Town Gaithersburg is one of 14 MARC Train stations serving Western MD on the Brunswick line. The property was re-zoned to CBD but retains I1 use until use change occurs.

Approximately .5 Acre in Olde Town Gaithersburg which has been re-zoned to CBD. Master Plan indicates major redevelopment of area in near future.

Ralph M Duarte
(301) 682-9750

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