Updated Office
For Sale
$595,000
8607 2ND Avenue, Silver Spring, MD 20910
Commercial Sale, SILVER SPRING, MD
Property Size1,936 SF
Price / SF$307.33
Days on Market141
Property Features for 8607 2ND Avenue
General Information
Property type
Other
Property subtype
Office
Parking
2
Parking features
Parking Lot
Elementary school district
MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district
MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district
MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
230
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1985
Number of units
1
Building materials
Brick
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Noel Harmer · License #654852
(202) 809-0819
Added: May 19
Changed: Sep 5
Last Checked: Oct 6 at 4:06AM
MLS# MDMC2235964
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Units 501A and 502A are combined office suites comprising approximately 1,936 square feet within a brick building completed in 1985. The recently updated interior includes abundant natural light, two private offices or conference rooms, two private bathrooms, and a flexible arrangement for collaborative and individual work areas. Central heating and central air conditioning are in place, and the elevator is positioned near the suite entrance.
The property faces 2nd Avenue in downtown Silver Spring, with access to the Silver Spring Metro, restaurants, retail, and major commuter routes within minutes. Two deeded parking spaces convey with the office units, while nearby parking garages provide additional parking options. The space is identified for professional, medical, nonprofit, or creative business uses permitted under CR zoning.
The property faces 2nd Avenue in downtown Silver Spring, with access to the Silver Spring Metro, restaurants, retail, and major commuter routes within minutes. Two deeded parking spaces convey with the office units, while nearby parking garages provide additional parking options. The space is identified for professional, medical, nonprofit, or creative business uses permitted under CR zoning.
Key Highlights
- Approximately 1,936 square feet across combined Units 501A & 502A
- CR zoning supports professional, medical, nonprofit, or creative business uses
- Two private offices or conference rooms and two private bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,660
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,200
$473.2K
Cap Rate 7%
$338,000
$338.0K
Cap Rate 9%
$262,889
$262.9K
Market Conditions
NOI Build-Up for 1,936 SF
Gross rent
$38.1K $19.68/SF
− Vacancy
−$6.6K −$3.38/SF
EGI
$31.5K $16.30/SF
− OpEx
−$7.9K −$4.07/SF
NOI
$23.7K $12.22/SF
Area
Montgomery County, MD
Vacancy
17.20%
Lease Rate
$19.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,200
Cap Rate 7%
$338,000
Cap Rate 9%
$262,889
Alternative Uses
Best Use
Office B
$338.0K
$295.8K – $394.3K
NOI $23,660 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$681.0K
$595.9K – $794.6K
NOI $47,673 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5,121
Businesses Nearby
Explore this area
Business Placement
Demographics for 20910, MD
45,610
Population
23,209
Households
2
Avg Household Size
36
Median Age
74%
College-Educated
95%
High-School Grad
4.6 sq mi
ZIP Area
9,915
Density / Sq Mi
$107,994
Median Household Income
$70,022
Median Earnings
$1,992
Median Rent
$690,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Combined office suites offer flexible work areas, private rooms, bathrooms, elevator access, and two deeded parking spaces.
Where is this office units located?
The property is located at 8607 2ND Avenue Silver Spring, MD.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Approximately 1,936 square feet across combined Units 501A & 502A; CR zoning supports professional, medical, nonprofit, or creative business uses; Two private offices or conference rooms and two private bathrooms
