Property profile

11900 Bournefield Way Silver Spring, MD 20904

OFF-MARKET
Life science properties
Property ID
US40-1463140
68,750 SF 6.09 ac lot Built 1990
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1990
Construction BRICK
Total area 68,750 SF
Lot 6.09 ac (265,186 SF)
Zoning code CR0.7
APN 05-02935330
UPID US40-1463140

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Electronics & Wireless Store
  • IT Consulting Firm (Bike/Boat/Book/etc) Store
  • Advertising Agency Marketing & Advertising
  • Advertising Agency Marketing & Advertising
  • Commercial Cleaning Service Air Duct Cleaning Service

Location

11900 Bournefield Way Silver Spring, MD 20904-7822
Silver Spring metro Census 701425 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.80M

Owner & transaction history

since 2022
Last sale
$10.8M
4 recorded transactions
2022
$10.8M
2019
$17.0M
1999
Price N/A
1998
$55.6M

Zoning & alternative use

CR0.7 · Silver Spring, MD
Top alternative use upside
Industrial (general) $16.8M +790.9%
Retail stores $14.8M +684.7%
Restaurant $13.1M +593.6%

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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