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Transit-Oriented Commercial Land
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Pending

904 Bonifant St, Silver Spring, MD 20910

Qualified Opportunity Zone site beside the Silver Spring Library Purple Line Station, with existing restaurant improvements and residential development potential.

Property SizeContact for details
Days on Market143

Property Features for 904 Bonifant St

General Information

Standard status Pending
Property subtype Land
Listing Agency: MAC Realty Advisors
Listed By: Andrew McAllister · License #MD 29758
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 1:53AM

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 MAC Realty Advisors

Investment Insights

Based on property information with market context.

This commercial land opportunity includes a 7,709 square foot site within a 9,550 square foot tract area in a Qualified Opportunity Zone. The property is currently improved with a stand-alone restaurant measuring 2,513 square feet. An in-place lease extends through October 2023, providing existing income during the interim period described in the property information.

The site is immediately adjacent to the Silver Spring Library Purple Line Station, with the Silver Spring Metrorail Station and Red Line within a short walk. Transferable FAR from an affiliated property at 8301 Fenton Street supports approximately 85,000 square feet of residential development potential. The development concept described for the property includes either for-sale or for-rent residential use.

Key Highlights

  • 7,709 square foot site within a 9,550 square foot tract area
  • Approximately 85,000 square feet of residential development potential
  • Transferable FAR from affiliated property at 8301 Fenton Street

Property Analytics

Current Use

Sweet Sweet Kitchen Restaurant

Suggested Use

Top Pick Furniture & Home Goods Carpet & Flooring Store (Bike/Boat/Book/etc) Store Florist Garden Center Pet Store

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

5,220
Businesses Nearby
299k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 53% Groceries 25% Shops & Services 13% Hotels & Casinos 8%
Chick-fil-A Dining
46,978 visits/mo 0.2 miles
Giant Groceries
42,300 visits/mo 0.4 miles
Safeway Groceries
32,489 visits/mo 0.0 miles
McDonald's Dining
27,268 visits/mo 0.3 miles
Panera Bread Dining
13,133 visits/mo 0.2 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Qualified Opportunity Zone site beside the Silver Spring Library Purple Line Station, with existing restaurant improvements and residential development potential.
Where is this commercial land located?
The property is located at 904 Bonifant St Silver Spring, MD.
What are key features of this property?
This property features: 7,709 square foot site within a 9,550 square foot tract area; Approximately 85,000 square feet of residential development potential; Transferable FAR from affiliated property at 8301 Fenton Street
More about this property
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