Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10723 Colesville Rd Silver Spring, MD 20901
    Back to Search
    Property profile & analytics

    10723 Colesville Rd Silver Spring, MD 20901

    View on Map
    • Retail properties & Spaces
    • 4,100 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 10723 Colesville Rd

    Property size
    4,100 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 4,100 square foot restaurant space is available for lease in the vibrant Silver Spring, Maryland market. Located at 10723 Colesville Road, in Montgomery County, this single-tenant property offers a fantastic opportunity for a discerning restaurateur. The entire 4,100 square feet is currently vacant, providing a blank canvas for your culinary vision. The property's prime location within Silver Spring ensures high visibility and accessibility to a large customer base. The address is 10723 Colesville Road, Silver Spring, MD 20901. This is a retail property classified as a restaurant space, perfect for a variety of concepts. The building's size and layout offer ample space for dining areas, a kitchen, and support facilities. The property is situated in a thriving commercial area, benefiting from significant foot traffic and convenient access to major transportation routes. This presents a unique chance to establish a successful restaurant in a highly desirable location. The property is ready for immediate occupancy, allowing for a swift and efficient launch of your business. Serious inquiries are encouraged to explore this exceptional leasing opportunity. Contact us today to schedule a viewing and discuss your plans for this remarkable space.

    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
    -77.0057
    Latitude
    39.0302

    Comparable in this City

    • Value Estimation by Request
      67,912 SF

      10141 Colesville Rd

      Neighborhood centers • 67,912 SF
      10141 Colesville Rd, Silver Spring, MD 20901
      View Details
    • Value Estimation by Request
      895 SF

      11247 Lockwood Dr

      Medical Office Space • 895 SF
      11247 Lockwood Dr, Silver Spring, MD 20901
      View Details
    • Value Estimation
      $960,000
      1,710 SF

      8435 Piney Br Rd

      RESTAURANT • 1,710 SF
      8435 Piney Br Rd, Takoma Park, MD 20901-4353
      View Details
    • Value Estimation
      $2,270,000
      2,985 SF

      10111 Sutherland Rd

      RESTAURANT • 2,985 SF
      10111 Sutherland Rd, Silver Spring, MD 20901-2420
      View Details
    • Value Estimation by Request
      1,710 SF

      8435 Piney Br Rd

      RESTAURANT • 1,710 SF
      8435 Piney Br Rd, Takoma Park, MD 20901-4353
      View Details
    • Value Estimation by Request
      1,088 SF

      10118 Colesville Rd

      RESTAURANT • 1,088 SF
      10118 Colesville Rd, Silver Spring, MD 20901-2425
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      250 SF

      Retail Space Near I-495

      Retail space available near a busy intersection and high school.
      10101-10141 Colesville Rd, Silver Spring, MD 20901
      View Details
    • Contact for pricing
      1,700 SF

      Retail Space in Silver Spring

      Retail space available in Silver Spring, Maryland with 2,413 SF.
      10715-10741 Colesville Rd, Silver Spring, MD 20901
      View Details
    • Contact for pricing
      13,449 SF

      Silver Spring Office Space Available

      Office space for rent in a campus environment.
      10720 Columbia Pike, Silver Spring, MD 20901
      View Details
    • Contact for pricing
      1,430 SF

      Silver Spring Office Space Available

      Office space for rent in a campus environment.
      10750 Columbia Pike, Silver Spring, MD 20901
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space for rent, currently used as an insurance office.
      10014 Colesville Rd, Silver Spring, MD 20901
      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.
    10723 Colesville Rd
    Silver Spring, MD 20901
    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

    Thank You for Inquiry
    10723 Colesville Rd, Silver Spring, MD, 20901
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!