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    12331 Georgia Ave Silver Spring, MD 20906

    Sponsored
    For Lease
    $46 SF/Yr

    1444 SF Medical Office Space - Glenmont

    Lot size:
    1,444 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 1,444 square foot medical office space is available for sublease in the Glenmont Shopping Center, situated at the intersection of Georgia Avenue and Randolph Road in Montgomery County. The property, built in 1990, sits on 2.63 acres and offers a single-tenant occupancy. The space is ideally suited for medical practices and includes four treatment rooms, a dedicated customer waiting area, a convenient breakroom, and a private restroom. Its prime location offers excellent accessibility, being a mere two-minute walk from major bus routes, five miles from the Capital Beltway (495), and two miles from the Intercounty Connector, ensuring convenient commutes for both staff and patients. The property's classification as both retail and office space provides flexibility for a variety of uses within the medical field. This sublease opportunity presents a well-equipped and conveniently located space for a growing medical practice seeking a readily available and established location in a bustling shopping center. The property's location within the Glenmont Shopping Center provides ample parking and visibility, enhancing the overall appeal and accessibility for patients. This is a fantastic opportunity to establish or expand a medical practice in a high-traffic area with excellent transportation links.

    Property Features for 12331 Georgia Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,444 SF

    Building Details

    Year Built
    1990

    Unit(s) available at that property

    Space
    Size
    1,444 SF
    Rate per SF
    $46

    HighLights

    • 1,444 SF medical office space available for sublease.
    • Features four treatment rooms, waiting area, breakroom, and private restroom.
    • Located in Glenmont Shopping Center at Georgia Avenue and Randolph Road.
    • Excellent location: two‑minute walk to major bus routes, five miles to 495, two miles to the Intercounty Connector.
    Property Profile Location Intelligence

    Current Use by Public Records

    USCIS Application Support ... Government Office Marianne Bitner Nurse Practitioner T Nails & Spa Nail Salon smoke island glenmont Tobacco Shop Glenmont Shopping Center Shopping Mall

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Silver Spring
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.048860619511
    Latitude
    39.060083727524

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    FAQs

    What type of property is this?
    Medical office - 1444 SF Medical Office Space - Glenmont
    Where is this medical office located?
    The property is located at 12331 Georgia Ave Silver Spring, MD.
    What is the lease rate?
    The lease rate is $46 SF/Yr.
    What are key features of this property?
    This property features: 1,444 SF medical office space available for sublease.; Features four treatment rooms, waiting area, breakroom, and private restroom.; Located in Glenmont Shopping Center at Georgia Avenue and Randolph Road.
    Request Owner's contact information
    12331 Georgia Ave Silver Spring, MD 20906
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12331 Georgia Ave Silver Spring, MD 20906
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