Property profile

11961 Tech Rd Silver Spring, MD 20904

OFF-MARKET
Life science properties
Property ID
US40-1475082
35,000 SF 1.83 ac lot Built 1970
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1970
Construction BRICK
Total area 35,000 SF
Lot 1.83 ac (79,715 SF)
Zoning code CR0.7
APN 05-00271148
UPID US40-1475082

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
  • Atm
  • Church
  • (Bike/Boat/Book/etc) Store Printing Service
  • Advertising Agency Marketing & Advertising

Location

11961 Tech Rd Silver Spring, MD 20904-1936
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
$5.89M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.16M

Owner & transaction history

since 2021
Last sale
$5.4M
4 recorded transactions
2021
$5.4M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CR0.7 · Silver Spring, MD
Top alternative use upside
Apartment house (5+ units) $9.5M +891.0%
Industrial (general) $8.6M +790.9%
Retail stores $7.6M +684.7%

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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