Silver Spring Rehabilitation Center
2601 Bel Pre Road Silver Spring, MD 20906
For Sale
$7,500,000
30,000 SF former health & rehabilitation center on 3.82 acres.
Property Size30,000 SF
Price / SF$250
Days on Market248
Property Features for 2601 Bel Pre Road
General Information
- Standard status
- Active
- Size
- 30,000 SF
- Property subtype
- Residential Medical Facility
Listing Agency:
(301) 918-2908
Listed By:
Michael Isen
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 26 at 4:07AM
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 Michael Isen
Investment Insights
Based on property information with market context.
The property, formerly a health and rehabilitation center, offers approximately 30,000 square feet of space on approximately 3.82 acres. Located in suburban Silver Spring, the property is near residential areas and amenities. The two-story building was originally constructed in 1955, with additions in the 1970s and in 1996, which added an activity room. The roof was replaced in 2020. Zoned RE-2 & R-200, the property contains 46 units with 92 beds. This property presents an opportunity for healthcare, rehabilitation, and assisted living operators. The property will be delivered vacant and without licenses.
Key Highlights
- Excellent opportunity for healthcare, rehabilitation, or assisted living operators.
- Located in suburban Silver Spring, near residential areas and amenities.
- Total of 30,000± SF in a two‑story building.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $968.4k | $32.28 |
| − Vacancy | −$67.8k | −$2.26 |
| EGI | $900.6k | $30.02 |
| − OpEx | −$405.3k | −$13.51 |
| NOI | $495.3k | $16.51 |
30,000 SF · lease $32.28/SF/yr · vacancy 7.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$7.08M
$6.19M – $8.26M
NOI $495,337 @ 7.0% cap · market cap 6.60%
Second Best
Healthcare Medical
$6.74M
$5.90M – $7.86M
NOI $471,804 @ 7.0% cap · market cap 6.29%
Theoretical Best
Specialty Retail
$10.55M
$9.23M – $12.31M
NOI $738,731 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bel Pre Healthcare ...
Nursing Home
Mustafa Gedik
Geriatric Care Provider
FAQs
What type of property is this?
Rehabilitation center - 30,000 SF former health & rehabilitation center on 3.82 acres.
Where is this rehabilitation center located?
The property is located at 2601 Bel Pre Road Silver Spring, MD.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Excellent opportunity for healthcare, rehabilitation, or assisted living operators.; Located in suburban Silver Spring, near residential areas and amenities.; Total of 30,000± SF in a two‑story building.
