Silver Spring Rehabilitation Center
For Sale
$7,500,000
2601 Bel Pre Road, Silver Spring, MD 20906
30,000 SF former health & rehabilitation center on 3.82 acres.
Property Size30,000 SF
Price / SF$250
Days on Market343
Property Features for 2601 Bel Pre Road
General Information
Standard status
Active
Size
30,000 SF
Property subtype
Residential Medical Facility
Building Details
Building Size
30,000 SF
Listing Agency:
NAI Michael
Listed By:
Michael Isen
(301) 918-2908
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Oct 26
Last Checked: Oct 30 at 12:52PM
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 NAI Michael
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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
Estimated NOI and Cap Rate
NOI / Yr
$495,337
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,906,740
$9.9M
Cap Rate 7%
$7,076,243
$7.1M
Cap Rate 9%
$5,503,744
$5.5M
Market Conditions
NOI Build-Up for 30,000 SF
Gross rent
$968.4K $32.28/SF
− Vacancy
−$67.8K −$2.26/SF
EGI
$900.6K $30.02/SF
− OpEx
−$405.3K −$13.51/SF
NOI
$495.3K $16.51/SF
Area
Montgomery County, MD
Vacancy
7.00%
Lease Rate
$32.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,906,740
Cap Rate 7%
$7,076,243
Cap Rate 9%
$5,503,744
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 authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
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.
