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Commercial > Office
Sold
10/21/2019
Sold Price
$4,838,000$1,248/ft²

5 Bank St
Gaithersburg, MD 20878

  • -
    Bed
  • -
    Bath
  • 3,876
    ft²
    Living Area
  • 0.5
    ac
    Lot Size
  • -
    Pool
  • -
    Car
  • 2012
    Year Built
  • -
    DOM
  • 7
    Permits
5 Bank St, Gaithersburg, MD 20878 is a 3,876 ft² commercial office property property built in 2012 on a 0.530 acre lot with 7 construction permits. This commercial office property is currently off market, and it was last sold in 2019 for $4,838,000.

    Permits

    5 Bank St has 7 permit records of total value of $1,519,000.

    Permit History
    7
    Permits
    $1,519,000
    Total Permit Value
    June 13, 2014
    Description: Ppis permit 1091182Status: finalType: plumbing fuel gas (non-res)Sub Type: New construction nrBusiness Name: RAM Plumbing MasterEffective Date: 2014-06-13Permit Number: PFG-1091182-2016
    November 24, 2013
    Description: Ppis permit 1085577Status: finalType: plumbing fuel gas (non-res)Sub Type: Additional fixtures/appliances/tenant spaceBusiness Name: Iacoboni Site Specialties MasterEffective Date: 2013-11-24Permit Number: PFG-1085577-2016
    December 3, 2012
    Description: Request for permit to install sign as shown on drawings. Call 301-258-6338 ivr system for inspections code 2030Status: finalType: Permits plus archiveSub Type: Sign permitBusiness Name: Gable Signs & Graphics INCApplicant: Debbie ColsonEffective Date: 2012-12-03Permit Number: PI-B120030
    August 7, 2012
    Description: Construct new 3876 sq ft free standing building for branch bank (slab on grade steel framed metal panel and glass curtain walls) as described on city stamped plans; permit includes building electrical and mechanical/HVAC work and request for certificate of occupancy. - permit is approved only as noted; in addition to conditions listed on this document read all attached plan review comments carefully; they are conditions of the permit. - contractor of record shall be responsible for: 1) completing this job in accordance with the city approved plans and all applicable city codes and regulations & 2) scheduling and passing all required inspections (301-258-6338). - building shall not be used and/or occupied in any way until written approval for same is received from the city inspector assigned to this job. Electrician: frederick electric co LLC lic# 1077 HVAC: joseph william schmitz jr lic# 4815Job Value: $1,500,000Status: finalType: Permits plus archiveSub Type: Building new - commercialEffective Date: 2012-08-07Permit Number: PI-B100764
    June 13, 2012
    Description: Request for electrical permit to install 30 low voltage HVAC controls call 301-258-6338 ivr system for all required inspectionsJob Value: $11,000Status: finalType: Permits plus archiveSub Type: ElectricalEffective Date: 2012-06-13Permit Number: PI-E110291
    June 13, 2012
    Description: Request for electrical permit to voice/data/alarm/video cabling. Call 301-258-6338 ivr system for all required inspectionsJob Value: $8,000Status: finalType: Permits plus archiveSub Type: ElectricalEffective Date: 2012-06-13Permit Number: PI-E110257
    December 19, 2011
    Description: Construction office placed in drive lane on site as shown on submitted site plan. - all trailers must be inspected and approved by the city inspectors before any use and/or occupancy by the permittee occurs. Inspections can be scheduled with the city inspectors using #301-258-6338. - see attached trailer permit comment sheet for typical code requirements. - maximum time period for temporary occupancies is 180 days. If more time is needed a request for permit extension must be filed in writing to this office at least 10 business days before the expiration dateStatus: expiredType: Permits plus archiveSub Type: Trailer permitEffective Date: 2011-12-19Permit Number: PI-B110552

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2022$60,332.51
      From latest Total Assessed Value1.27%
      Total Assessed Value$4,735,800
      =
      Land
      Assessed Value      $379,100
      +
      Additions
      Assessed Value      $4,356,700

      • In 2022, taxes billed for 5 Bank St were $60,332.51, which is 1.27% from latest Total Assessed Value of $4,735,800.

    Property History

    5 Bank St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 5 Bank St

    • Hazard Risks

      Nat'l Avg
      100
      Ozone
      89
      Air Pollution
      89
      Hurricane
      86
      Particulates
      81
      Carb Mono
      80
      Weather
      75
      Tornado
      64
      Earthquake
      42
      Lead
      42
      Wind
      33
      Hail
      23

      • 12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 5 Bank St.

      Walkability Index

      16 /20

      Very Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      5 Bank St has a walkability score of 16 out of 20, which means that it is in a very walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      34 °F

      Low

      25°F

      High

      44°F

      Summer
      Average

      74 °F

      Low

      63°F

      High

      85°F

      In the winter at 5 Bank St, temperatures range from 25.2°F to 43.77°F with an average of 34.49°F. In the summer, the temperature ranges from 62.51°F to 84.7°F with and average of 73.61°F.

    School Information

    Public/private schools serving 5 Bank St

      Public Schools

      Quince Orchard High School
      Grades: 9-12
      2.38  mi
      B-
      Lakelands Park Middle School
      Grades: 6-8
      1.75  mi
      B-
      Brown Station Elementary School
      Grades: EE-5
      0.46  mi
      C+
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 5 Bank St have ratings undefined, undefined, and undefined.

    Neighborhood

    This property is located in Gaithersburg, Gaithersburg, MD 20878.

    • Region

      • Boundary map of Gaithersburg.

      Crime Index for 20878

      58

      Around half the national average
      58

      The crime index in 20878 is 58, which is 0.6 times lower than national average.

    • Seasonal Housing units 20878

      16%

      of housing is for seasonal rent.

      Daytime Population for 20878

      +5%

      of people during work hours.

    Market Trends

    Historical market data near 5 Bank St over selected time period.

    Nearby Properties on Bank St

    USAMDMontgomery CountyGaithersburgBank St