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    1301-1361 Lamberton Dr Silver Spring, MD 20902

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    1301-1361 Lamberton Dr Silver Spring, MD 20902

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    • Lifestyle centers
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    Cap Rate Potential
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    Current Use by Public Records

    • Lifestyle centers

    Property Details for 1301-1361 Lamberton Dr

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This Silver Spring, Maryland shopping center offers a 1,300 square foot retail space for lease. Located at 1301-1361 Lamberton Dr, near Arcola Ave, in Montgomery County (zip code 20902), this multi-tenant property boasts 560 parking spaces and is served by Pepco power. The center benefits from its convenient location between University Blvd and Georgia Ave, drawing families from throughout Montgomery County. Established local and national tenants include restaurants, banks, and medical offices, creating a strong synergy. High traffic is ensured by the proximity to the MVA/MDOT Express facility (over 8,000 monthly patrons), and the center is anchored by CVS Pharmacy, Truist, Ben Yehuda, and Shalom Kosher. Enjoy excellent accessibility with less than 5 minutes to I-495 and Route 29, and multiple MCDOT and WMATA bus lines within walking distance. The property is zoned NR-0.75 and is adjacent to the renovated Kemp Mill Urban Park and the Anacostia Tributary Trail System. No elevators are available on site.

    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
    -77.0306
    Latitude
    39.0411

    Comparable in this City

    • Value Estimation
      $1,870,000
      56,229 SF

      1301 Lamberton Dr

      MINI-MALL • 56,229 SF
      1301 Lamberton Dr, Silver Spring, MD 20902-3415
      View Details
    • Value Estimation
      $640,000
      16,788 SF

      11427 Georgia Ave

      SHOPPING CENTER, STRIP CENTER • 16,788 SF
      11427 Georgia Ave, Silver Spring, MD 20902-1906
      View Details
    • Value Estimation
      $690,000
      19,500 SF

      11401 Georgia Ave

      SHOPPING CENTER, STRIP CENTER • 19,500 SF
      11401 Georgia Ave, Silver Spring, MD 20902-1906
      View Details
    • Value Estimation by Request
      4,392 SF

      2547 Ennalls Ave

      SHOPPING CENTER, STRIP CENTER • 4,392 SF
      2547 Ennalls Ave, Silver Spring, MD 20902
      View Details
    • Value Estimation by Request
      4,713 SF

      2507 University W Blvd

      SHOPPING CENTER, STRIP CENTER • 4,713 SF
      2507 University W Blvd, Silver Spring, MD 20902-1910
      View Details
    • Value Estimation
      $845,000
      24,196 SF

      1370 Lamberton Dr

      SHOPPING CENTER, STRIP CENTER • 24,196 SF
      1370 Lamberton Dr, Silver Spring, MD 20902-3422
      View Details

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    Silver Spring, MD 20902
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    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
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