Montgomery County · Commercial sale
Self-storage facility at 4 Research Pl in Rockville sells for $16.9 million
A self-storage facility at 4 Research Pl, Rockville sold for $16,900,000 on July 22, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $16,900,000
- Sold
- July 22, 2026
- Property type
- Self-storage facility
- Building area
- 85,838 sq ft
- Price per sq ft
- $197
- Year built
- 1968
A self-storage facility at 4 Research Pl in Rockville sold for $16,900,000 on July 22, 2026, according to the Maryland Department of Assessments and Taxation's property records. The sale price is 13% above the market value of $14,997,200 shown on the Assessor's records.
Four Research Place PH 1 LLC sold the property, which spans 85,838 square feet of building area on a 2.98-acre lot, according to the Assessor's records. The price works out to $197 per square foot.
The building was constructed in 1968, according to the Assessor's records.
What this sale costs to close
What does closing cost at this price? Under Montgomery County custom the seller's larger charges are $187,590 for the recordation tax (Montgomery County) and $84,500 for the county transfer tax (Montgomery County). The seller's estimated net is $16,418,506 before brokerage commissions and any loan payoff. A cash buyer would need about $17,420,729 at closing.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 70750-0420. 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.