Mixed-Use Development
For Sale
Contact for pricing
Pending
8700 1st Ave, Silver Spring, MD 20910
The CR-5.0-zoned site is described for residential development with first-floor retail potential.
Property Size91,580 SF
Days on Market954
Property Features for 8700 1st Ave
General Information
Standard status
Pending
Size
91,580 SF
Property subtype
Land
Zoning
CR-5.0
Building Details
Year Built
2024
Units
100
Listing Agency:
Marcus & Millichap - Washington, D.C.
(202) 536-3742
Listed By:
Jacob Krens · License #DC
Source:
Crexi
Added: Jan 20, 2024
Changed: Aug 30
Last Checked: Aug 30 at 4:43PM
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 Marcus & Millichap - Washington, D.C.
Investment Insights
Based on property information with market context.
This commercial land parcel at 8700 1st Ave comprises approximately 0.21 acres in downtown Silver Spring. The site carries CR-5.0 zoning with an HT 175 designation and an FAR basis of 18,316 square feet. The development concept described for the property includes more than 90,000 square feet of apartment or condominium space above first-floor retail.
Silver Spring Metro Station is within walking distance, and the station is identified as a future stop for the Washington, D.C. Metro Purple Line. The parcel is also near the AFI Silver Theatre and Cultural Center, The Fillmore, Dave & Buster’s, and other downtown retailers and restaurants.
Silver Spring Metro Station is within walking distance, and the station is identified as a future stop for the Washington, D.C. Metro Purple Line. The parcel is also near the AFI Silver Theatre and Cultural Center, The Fillmore, Dave & Buster’s, and other downtown retailers and restaurants.
Key Highlights
- Approximately 0.21‑acre commercial development parcel at 8700 1st Ave
- CR‑5.0 zoning with HT 175 designation
- FAR basis of 18,316 square feet
Property Analytics
Property Profile
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - The CR-5.0-zoned site is described for residential development with first-floor retail potential.
Where is this commercial land located?
The property is located at 8700 1st Ave Silver Spring, MD.
What are key features of this property?
This property features: Approximately 0.21‑acre commercial development parcel at 8700 1st Ave; CR‑5.0 zoning with HT 175 designation; FAR basis of 18,316 square feet
