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11300 Fern St Silver Spring, MD 20902-4612

OFF-MARKET Turn key restaurants Google Maps
10,478 SF 0.16 ac lot Built 1955
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$665k
Range $599k – $732k (±10%)
Property ID US40-0687978

Property summary

AI-generated overview

This exceptional 6,880-square-foot commercial space, located in the Wheaton submarket cluster of Silver Spring, Montgomery County, presents a unique opportunity for a restaurant, lounge, or nightclub operator. The property is a single-tenant building, ideal for a business seeking a substantial footprint. Its "second-generation" status suggests existing infrastructure suitable for food service operations, potentially including kitchen equipment and ventilation systems. The precise configuration and condition of these features would need to be verified through due diligence. The property's address is 11300 Fern Street, placing it within a well-established commercial area of Wheaton. The building's size and location make it suitable for a variety of concepts, from upscale dining establishments to vibrant nightlife venues. Prospective tenants should conduct their own independent assessment of the property's suitability for their specific business needs and regulatory compliance. This property offers a significant opportunity for a business seeking a prominent presence in a thriving Silver Spring submarket. Further details regarding lease terms and conditions are available upon request. Serious inquiries only.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1955
Construction BRICK
Total area 10,478 SF
Lot 0.16 ac (7,064 SF)
Zoning code CR5.0
APN 13-01186626
UPID US40-0687978

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$665k

Owner & transaction history

Zoning & alternative use

CR5.0 · Silver Spring, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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