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Property profile & analytics
FOR LEASE
Office buildings
10770 Columbia Pike, Silver Spring, MD 20901
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US40-1089979
For Lease
1 / 2
$25,655,000
10770 Columbia Pike, Silver Spring, MD 20901
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
BRICK
Total area
69,265 SF
Lot
2.56 ac (111,514 SF)
Zoning code
CRT22
APN
05-01863950
UPID
US40-1089979
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
-
Elizabeth Gouw, Fairfax Realty Premier Real Estate Agency
-
Venus Lash Bar LLC Hair Salon
-
Metropolitan Shuttle Travel Agency Tour Operator
-
The Thompson Law Firm Law Firm
-
The Law Office of Ben Akech, LLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$25.66M
Owner & transaction history
Vrec III Lo Colesville Medical Mob · 6 yrs held
Vrec III Lo Colesville Medical Mob
since 2020
Last sale
$33.0M
4 recorded transactions
Zoning & alternative use
CRT22 · Silver Spring, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$33.0M
+44.2%
Retail stores
$30.6M
+33.9%
Commercial (general)
$26.9M
+17.4%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$22,880,000
Current use
INDUSTRIAL (GENERAL)
$33,005,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$30,640,000
Change: +34% · Conversion: Moderate
COMMERCIAL (GENERAL)
$26,855,000
Change: +17% · Conversion: Easy
WAREHOUSE, STORAGE
$21,680,000
Change: -5% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$21,295,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$25.66M
Range $23.09M – $28.22M · ±10% · vs last sale $33.00M (Apr 16 2020)
Last sale anchor
$33.00M
Apr 16 2020
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
$370 / 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
$80,842
Tax year 2022
Assessed value
$6,859,933
Assessed 2023
Previous assessed
$6,604,400
+3.9% YoY
Effective rate
1.18%
On assessed value
Land market value
$2,341,700
Improvement market value
$5,029,300
Total market value
$7,371,000
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 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
4
Units
1
Total area
69,265 SF
Lot
2.56 ac (111,514 SF)
Zoning code
CRT22
APN
05-01863950
UPID
US40-1089979
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CRT22 · Silver Spring, MD
Zoning CRT22 · permitted uses
CRT22 · 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
$22.9M
INDUSTRIAL (GENERAL)
Est. value
$33.0M
RETAIL STORES
Est. value
$30.6M
COMMERCIAL (GENERAL)
Est. value
$26.9M
WAREHOUSE, STORAGE
Est. value
$21.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$21.3M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
RETAIL STORES
COMMERCIAL (GENERAL)
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
4
Units
1
Lot
2.56 ac
Current owner
From public records · entity-resolved
Vrec III Lo Colesville Medical Mob
Individual
Mailing address
10770 COLUMBIA PIKE STE #125, SILVER SPRING, MD 20901-4458
Ownership since
2020
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
Apr 16, 2020
$33,000,000
Vrec III Lo Colesville Medical Mob
10720 Columbia Pike LLC
Special Warranty Deed
$26,680,000 · Cit Bank NA
Aug 9, 2018
—
10720 Columbia Pike LLC
—
Grant Deed
related
$27,300,000 · Cibc Bk USA
Mar 9, 2017
—
10720 Columbia Pike LLC
Columbia Pike I LLC
Quit Claim Deed
related
$45,186,220 · Acm Cre Fund I LP
Mar 9, 2017
$10,750,000
10720 Columbia Pike LLC
Columbia Pike I LLC
Grant Deed
—
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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