Property summary
This 895-square-foot office condo in Silver Spring, Maryland, is offered at $375,000 ($418.99/SF). Located at 11247 Lockwood Dr, 20901, this vacant unit is perfect for an owner-occupant seeking a move-in ready space. Previously configured as a dental suite, the property features a reception/waiting area, three exam rooms with sinks, a lab with two sinks, an office, and two bathrooms—a total of seven sinks. The unit boasts a modern design, including a roughly ten-year-old heat pump and air handler, and a roughly five-year-old hot water heater. A built-in receiver and ceiling speaker system is included. The sale also includes a retail sign box above the front door, providing excellent visibility. This first-floor unit offers significant free parking within the complex. Complete architectural plans are available, facilitating any future modifications. The property is zoned CRT (Commercial Residential Town), allowing for flexible office, medical, or retail uses. The existing dental equipment (two Adec chairs, one Engle chair, and three wall-mounted X-ray units) is negotiable. Occupancy is available at settlement. This is a rare opportunity to acquire a well-maintained, versatile commercial space in a prime location.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Advocacy Group
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Dental Office
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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