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Property profile & analytics
FOR LEASE
Office buildings
10230 New Hampshire Ave 100, Silver Spring, MD 20903
Entity Owned
26-yr Hold
~
Est. High Equity
Property ID
US40-0834099
For Lease
1 / 9
$129-$11,061/Mo
10230 New Hampshire Ave,Unit 100, Silver Spring, MD 20903
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
BRICK
Total area
53,566 SF
Lot
2.42 ac (105,415 SF)
Zoning code
CRN1.
APN
05-02628683
UPID
US40-0834099
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Tomenko Family Dentistry Dental Office
-
Hillandale Dental Partners: Sampson Diane Dental Office
-
Dr. Chetan S. Daulat, DDS Dental Office
-
Hillandale Dental Partners: Donovan Peggy Dental Office
-
Borchers James w DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.75M
Comparable Approach
Comparable
$11.32M
Blend (final)
Blend
$10.79M
Owner & transaction history
One Beltway Noth LLC · 26 yrs held
One Beltway Noth LLC
since 2000
4 recorded transactions
Zoning & alternative use
CRN1. · Silver Spring, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Silver Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silver Spring submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,640,000
6.5%
$10,745,000
7%
$9,975,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$17,695,000
Current use
WAREHOUSE, STORAGE
$16,765,000
Change: -5% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$16,470,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$10.79M
Range $9.71M – $11.87M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$201 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$98,256
Tax year 2022
Assessed value
$6,195,800
Assessed 2023
Previous assessed
$8,270,500
-25.1% YoY
Effective rate
1.59%
On assessed value
Assessed land
$1,897,400
Assessed improvement
$4,298,400
Land market value
$1,897,400
Improvement market value
$4,298,400
Total market value
$6,195,800
Applied tax rate
38.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1986
Construction
BRICK
Heating
YES
Cooling
YES
Stories
3
Units
1
Total area
53,566 SF
Lot
2.42 ac (105,415 SF)
Zoning code
CRN1.
APN
05-02628683
UPID
US40-0834099
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CRN1. · Silver Spring, MD
Zoning CRN1. · permitted uses
CRN1. · Silver Spring, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Silver Spring. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$17.7M
WAREHOUSE, STORAGE
Est. value
$16.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.5M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
3
Units
1
Lot
2.42 ac
Current owner
From public records · entity-resolved
One Beltway Noth LLC
Entity
Mailing address
6000 EXECUTIVE BLVD STE #400, N BETHESDA, MD 20852-3857
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2022
—
One Beltway North LLC
—
Deed
related
$5,500,000 · Summit Community Bank INC
Apr 19, 2000
$4,000,000
One Beltway Noth LLC
Cindy E Cohen Trustee
Grant Deed
$3,750,000 · Dime Cre INC
—
—
One Beltway North LLC
—
Deed Of Trust
related
$7,500,000 · Barclays Bank Plc
—
—
One Beltway North LLC
—
Deed Of Trust
related
$5,120,000 · Pnc Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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