Montgomery County · Commercial sale
Warehouse at 7421 Lindbergh Dr in Gaithersburg sells for $10.2 million
A warehouse at 7421 Lindbergh Dr, Gaithersburg sold for $10,200,000 on October 5, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $10,200,000
- Sold
- October 5, 2026
- Property type
- Warehouse
- Building area
- 46,472 sq ft
- Price per sq ft
- $219
- Year built
- 1986
The warehouse at 7421 Lindbergh Dr in Gaithersburg sold for $10,200,000 on October 5, 2026. Maryland Department of Assessments and Taxation property records show the sale price was 79% above the recorded market value of $5,710,000.
Assessor's records show 46,472 square feet of building area, a build year of 1986 and a 4.67-acre lot. The price works out to $219 per square foot. The records list Fmi Airpark LLC as the seller.
The last sale on record before this one was $4,950,000 in 2016, according to the property records. The latest price is 2.1 times that amount.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Montgomery County?
By our estimate, the seller's two largest charges, not counting prorations, were $111,545 for the recordation tax (Montgomery County) and $51,000 for the county transfer tax (Montgomery County). Who pays what follows Montgomery County custom.
How much did the seller net?
By our estimate, the seller netted about $10,037,083. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $10,438,133 at closing. That covers the full price and closing costs.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 71000-0137. 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.
