11205 Lockwood DrSilver Spring, MD 20901

  • Other commercial real estate
  • 622 SF
For Lease

Property Details for 11205 Lockwood Dr

Lot size
0.04 AC
Property size (Sq ft)
622 SF
Zone code
C2
Property type
Other commercial real estate
APN
05-02497710
APU
502497710

Description

This exceptional 583-square-foot office condo, located at 11205 Lockwood Drive in Silver Spring, Maryland, 20901, presents a fantastic opportunity for businesses seeking a convenient and well-appointed space. Situated on the first floor of the White Oak Professional Park, this single-tenant unit offers street-level access, providing excellent visibility and accessibility. Ample parking is available both directly in front of the unit and throughout the surrounding area. The interior boasts a flexible layout, featuring windows on both the front and rear, allowing for natural light and the potential to create multiple offices or maintain an open floor plan. The unit also includes a small closet and a half-bathroom. Its size makes it suitable for a variety of uses, including traditional office space and some retail applications. The property was built in 1985 and is ready for immediate occupancy. Tenants have the opportunity to install signage, consistent with existing signage within the park. This prime location in Silver Spring offers easy access to major transportation routes and a vibrant business community. Don't miss this chance to secure this well-maintained and conveniently located office space.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $150,766
    Hospitality
    $138,100
    Educational
    $114,898
    Medical
    $118,849
    Retail
    $178,730
11205 Lockwood Dr, Silver Spring, Maryland
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Location Insight

City
Silver Spring
County
Montgomery
State
Maryland
Latitude
39.0385
Longitude
-76.9916
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,930
-
-
$160,667
-
$51,300
$119,700
$171,000

FAQs

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