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Professional Building Office Unit
For Sale
$575,900

12118 /12116 HERITAGE PARK CIRCLE, Silver Spring, MD 20906

Office unit with high-end remodeling and assigned parking.

Property SizeContact for details
Days on Market154

Property Features for 12118 /12116 HERITAGE PARK CIRCLE

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,671

Building Details

Year Built 1986
Listing Agency: Brown Real Estate/Management Group, LLC
Listed By: Winston E Brown
Source: Elliman
Added: Apr 1 Changed: Aug 17 Last Checked: Aug 30 at 8:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brown Real Estate/Management Group, LLC

Investment Insights

Based on property information with market context.

This commercial real estate offers a great value within a professional building. The unit features high-end remodeling, with furnishing offered separately. Four assigned parking spaces are included, along with visitor parking. Front signage is available. The location has a walk score of 35, indicating car-dependent accessibility, a bike score of 37, indicating it is somewhat bikeable, and a transit score of 52, indicating good transit options.

Key Highlights

  • Four assigned parking spaces plus visitor parking
  • Front signage available
  • Professional building

Property Analytics

Current Use

Brown Real Estate/Management ... Real Estate Agency Brown Insurance Group Insurance Agency

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

585
Businesses Nearby

Demographics for 20906, MD

71,641
Population
27,423
Households
2.6
Avg Household Size
41
Median Age
42%
College-Educated
87%
High-School Grad
12.7 sq mi
ZIP Area
5,641
Density / Sq Mi
$92,964
Median Household Income
$46,172
Median Earnings
$1,945
Median Rent
$440,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office unit with high-end remodeling and assigned parking.
Where is this office units located?
The property is located at 12118 /12116 HERITAGE PARK CIRCLE Silver Spring, MD.
What is the asking price?
The asking price for this property is $575,900.
What are key features of this property?
This property features: Four assigned parking spaces plus visitor parking; Front signage available; Professional building
More about this property
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