Financial
Distress signals
Property profile

1017 University Blvd E 102 Silver Spring, MD 20903

FOR LEASE
Residential income homes
Property ID
US40-1213417
3,360 SF 0.17 ac lot Built 1954
Last sale May 2003 · $315,000
Individually Owned Owner of record is an individual. 23-yr Hold Held for 23 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$11k
Tax billed · 2022
Assessed value · 2023$633k
Effective rate1.69%

Value estimate

· Sep 2026
$405k
$365k – $446k
Sales comparison$801k
NOI build-up
Gross scheduled income$118k
Vacancy & credit loss−$7k
Operating expenses−$33k
NOI · 2,578.36% cap applied$77k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$307/SF
Submarket average, outlier-cleaned · 107 recorded sales of this use type
Observed band · Q1–Q3$174 – $599
Qualifying comparables4

Cap rate analysis

How does the asset earn?
2,578.36%
$77k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CRT2.
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.1
Building Supply14.9
Garden Center11.2

Location

1017 University Blvd E, Unit 102 Silver Spring, MD 20903
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1058 Ruatan, Silver Spring, MD 20903-3223 $1,750,000 Dec 2022 3,240 SF
1050 Ruatan, Silver Spring, MD 20903-3219 $1,750,000 Dec 2022 3,240 SF
1054 Ruatan, Silver Spring, MD 20903-3221 $1,750,000 Dec 2022 3,240 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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