1111 Bonifant St Silver Spring, MD 20910-3310
Property profile & analytics
1111 Bonifant St Silver Spring, MD 20910-3310
- Office buildings
- 7,040 SF
- 0.08 lot acres
Property ID
US40-1117987
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.
Location Intelligence
Current Use by Public Records
- Greenberg & Bederman, LLC / Law Firm
- Allied Universal® Security Services / Security Service
- Yaz & Yasmin Reactions, Maryland Yaz Attorney, Mr. Bederman / Law Firm
- Kayal & Ghosal Atty At Law / Law Firm
- Hardnett & Associates / Law Firm
Property Details for 1111 Bonifant St
- Year built
- 1963
- Construction
- BRICK
- Lot size
- 0.08 lot acres
- Property size
- 7,040 SF
- Zone code
- CR8.0
- Property type
- Office buildings
- APN
- 13-01046190
- APU
- 1301046190
Description
This fee-simple ownership opportunity presents a rare chance to acquire a three-story, 10,560-square-foot executive office building in the heart of Silver Spring, Maryland. Located at 1111 Bonifant Street, this Class B building, constructed in 1962 and renovated in 1982, sits on a 3,520-square-foot lot and boasts a coveted single-tenancy configuration. Its strategic location offers unparalleled access to the Silver Spring Metro Red Line station, the Sarbanes Transit Center, and the future Purple Line Silver Spring Station, ensuring convenient commuting for employees and clients. The property benefits from its proximity to downtown Silver Spring's vibrant dining and shopping scene, as well as the central arts district. A significant advantage is its direct adjacency to a 1,677-space public parking garage, providing ample parking for occupants and visitors. The building also features prominent landmark signage, enhancing its visibility and brand recognition. Zoned CR-8 H 200, this property presents potential for future redevelopment, offering significant long-term investment prospects. The asking price for this exceptional property is $4,250,000.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,637,000
- AI Estimate
- $3,971,000
Market price range: $1.88M - $5.05MMarket price range: $1.61M - $7.06M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,245,000 Current use
- INDUSTRIAL (GENERAL)
- $3,355,000 Change: +3% Conversion: Difficult
- RETAIL STORES
- $3,115,000 Change: -4% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $2,730,000 Change: -16% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Silver Spring
- County
- Montgomery
- State
- Maryland
- Longitude
- -77.029
- Latitude
- 38.9935
- 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
$19,830
$0.00
$0.00
$1,721,600
-
$731,800
$1,012,500
$1,744,300
