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    1017 University E Blvd Silver Spring, MD 20903-3704
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    Property profile & analytics

    1017 University E Blvd, Silver Spring, MD 20903-3704

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    • Residential income homes
    • 3,360 SF
    • 0.17 lot acres
    Off-Market
    Property ID
    US40-1213417
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $755,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • gideon-church / Church
    • BRANDON ALEXANDER FOUNDATION / Charitable Organization / Social Service Agency
    • Gideon Ministries Int'l Church (GMIC) / Church
    • Slade Health Care Inc / Alternative Medicine Practice

    Property Details for 1017 University E Blvd

    Year built
    1954
    Construction
    BRICK
    Lot size
    0.17 lot acres
    Zone code
    CRT2.
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    13-03174083
    APU
    1303174083

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 2, 2003 $315,000 Mahvash Bonakdar Rabkin,boris & Dorothy S Grant Deed —

    Description

    This exceptional 840-square-foot executive office suite at 1017 & 1019 University Blvd E in Montgomery County is available for immediate occupancy. The single-tenant space boasts a desirable layout featuring two offices, a reception/waiting area, a half-bathroom, and ample storage. The interior features attractive laminate wood flooring throughout and freshly painted walls. High ceilings with fluorescent lighting fixtures provide bright, functional workspace. The suite offers both front and rear entrances for convenient access. A detailed floor plan is available upon request. Unit 1019 includes additional plumbing, perfect for businesses requiring extra sinks. A prominent 10' x 8' permanent sign is already installed at the building, offering excellent visibility. Tenants can utilize a designated panel on this sign for their business signage (tenant pays for panel). Convenient parking is available on-site, with several unreserved spaces, plus additional parking along the service road. The property is zoned CRT, allowing for office, retail, and service uses. This turnkey space presents a fantastic opportunity for a variety of businesses seeking a well-maintained, conveniently located office suite.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $800,000
      Market price range: $583k - $2.01M
      AI Estimate
      $709,000
      Market price range: $495k - $1.40M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $1,035,000
      Current use
      OFFICE BUILDING
      $1,110,000
      Change: +7% Conversion: Moderate
      WAREHOUSE, STORAGE
      $1,050,000
      Change: +2% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Silver Spring
    County
    Montgomery
    State
    Maryland
    Longitude
    -76.9905
    Latitude
    38.9911
    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
    $10,692
    $0.00
    $0.00
    $633,333
    -
    $382,500
    $256,100
    $638,600
    More about this property
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