Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11414 Georgia Ave Silver Spring, MD 20902

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11414 Georgia Ave Silver Spring, MD 20902

    View on Map
    • Retail properties & Spaces
    • 3,447 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Xpress Pediatrics, Urgent Care for Children / Medical Clinic
    • Rajender Gattu / Pediatrician / Medical Clinic
    • Carpet Works / General Contractor / Carpet & Flooring Store

    Property Details for 11414 Georgia Ave

    Property size
    3,447 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Office properties & Spaces

    Description

    This 3,447 square foot medical office building is located at 11414 Georgia Avenue in Silver Spring, Maryland, zip code 20902. Situated in the Wheaton submarket cluster of Montgomery County, this single-tenant property offers a prime location for medical practices. The building is classified as both retail and office space, currently configured as a second-generation pediatric clinic. The property's size makes it ideal for a variety of medical uses, offering ample space for patient care, administrative offices, and support areas. Its location in the thriving Silver Spring submarket provides excellent access to a large patient base and strong community presence. The property is a single-tenant building, offering a streamlined ownership experience. Further details regarding the property's layout, lease terms, and potential for expansion are available upon request. This presents a unique opportunity to acquire a well-situated medical office building in a desirable location. The property's address is fully verified as 11414 Georgia Avenue, Silver Spring, MD 20902.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Silver Spring
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.0521
    Latitude
    39.0423

    Comparable in this City

    • Value Estimation by Request
      1 SF

      2438 Ennalls Ave

      Office properties & Spaces • 1 SF
      2438 Ennalls Ave, Silver Spring, MD 20902
      View Details
    • Value Estimation by Request
      1,242 SF

      11251 Grandview Ave

      Office properties & Spaces • 1,242 SF
      11251 Grandview Ave, Silver Spring, MD 20902
      View Details
    • Value Estimation by Request
      1 SF

      11200 Grandview Ave

      Office Units • 1 SF
      11200 Grandview Ave, Silver Spring, MD 20902
      View Details
    • Value Estimation
      $15,250,000
      76,107 SF

      10301 Georgia Ave

      MEDICAL BUILDING • 76,107 SF
      10301 Georgia Ave, Silver Spring, MD 20902-5020
      View Details
    • Value Estimation
      $645,000
      3,234 SF

      10401 Georgia Ave

      MEDICAL BUILDING • 3,234 SF
      10401 Georgia Ave, Silver Spring, MD 20902-4124
      View Details
    • Value Estimation by Request
      9,600 SF

      1299 Lamberton Dr

      MEDICAL BUILDING • 9,600 SF
      1299 Lamberton Dr, Silver Spring, MD 20902-3411
      View Details

    Similar Nearby for Sale

    • $475,000
      1,500 SF

      Silver Spring Ground Level Office

      Ground floor office space near Wheaton Metro in Silver Spring.
      11303 Amherst Ave, Silver Spring, MD 20902
      View Details
    • $475,000
      1,492 SF

      Silver Spring Office Unit

      Office unit for sale in Silver Spring, Maryland.
      11303 Amherst Ave, Silver Spring, MD 20902
      View Details
    • $1,000,000
      1,800 SF

      Two-Story Office Building For Sale

      Two-story office building near shopping, hospitals, parks, and transit.
      1106 University Blvd West, Silver Spring, MD 20902
      View Details
    • $123,456

      7-Acre Land Next to Parkway

      7.03 acre land parcel near Sligo Creek Parkway.
      1200 University Blvd W, Silver Spring, MD 20902
      View Details
    • New
      $585,000
      1,246 SF

      Silver Spring Multifamily Colonial Home

      Turnkey multifamily property in Silver Spring, Maryland, with rental income.
      12220 Centerhill St, Silver Spring, MD 20902
      View Details
    • Contact for pricing
      1,312 SF

      Condo in Convenient Forest Glen

      Two-level condo near Forest Glen Metro with included utilities.
      9900 Georgia Ave, Silver Spring, MD 20902
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Space for Lease

      Commercial space available for lease in Silver Spring, MD.
      11510 Georgia Ave, Silver Spring, MD 20902
      View Details
    • $550 /Mo

      Basement Office Near Metro

      Office space near Forest Glen Metro, ideal for professional services.
      9913 Georgia Ave, Silver Spring, MD 20902
      View Details
    • Contact for pricing

      Pediatric Clinic Space Available

      Second generation pediatric clinic space for rent.
      11414 Georgia Ave, Silver Spring, MD 20902
      View Details
    • $20 SF/Yr
      1,457 SF

      Medical Suite Near Forest Glen Metro

      First floor medical suite located on the Forest Glen metro.
      9801 Georgia Ave, Silver Spring, MD 20902
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail property available for lease in Wheaton-Glenmont, Maryland.
      2201 Randolph Rd, Silver Spring, MD 20902
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11414 Georgia Ave
    Silver Spring, MD 20902
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!