Montgomery County · Commercial sale
Office building at 1 Taft Ct in Rockville sells for $17 million
An office building at 1 Taft Ct, Rockville sold for $17,000,000 on July 17, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $17,000,000
- Sold
- July 17, 2026
- Property type
- Office building
- Building area
- 34,174 sq ft
- Price per sq ft
- $497
- Year built
- 1984
An office building at 1 Taft Ct in Rockville sold for $17,000,000 on July 17, 2026, according to the Maryland Department of Assessments and Taxation's property records. The sale price is 22% above the Assessor's recorded market value of $13,975,200.
CVVF BP Specialty Portfolio MD LLC sold the property, which spans 34,174 square feet and sits on a 1.46-acre lot. At that size, the price works out to $497 per square foot.
The building, constructed in 1984, sold for 19% more than its previous sale price of $14,275,000 in 2023.
What this sale costs to close
What does closing cost at this price? Under Montgomery County custom the seller's larger charges are $188,725 for the recordation tax (Montgomery County) and $85,000 for the county transfer tax (Montgomery County). The seller's estimated net is $16,513,189 before brokerage commissions and any loan payoff. A cash buyer would need about $17,526,271 at closing.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 70736-0084. Property details: Montgomery County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
