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    Property profile & analytics

    12000 Cherry Hl Rd Silver Spring, MD 20904-1985

    • Outlet malls
    • 133,830 SF
    • 11.80 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-0699722
    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.

    Current Use by Public Records

    • Dylan Looney / Pharmacy
    • 12000 Cherry Hill Road, Silver Spring, MD 209041985, USA / Optometrist
    • Christine Gee / Nurse Practitioner
    • Felecia Bailey / Nurse Practitioner
    • John Schools / School

    Property Details for 12000 Cherry Hl Rd

    Year built
    1998
    Construction
    BRICK
    Lot size
    11.80 lot acres
    Property size
    133,830 SF
    Zone code
    CR0.7
    Property type
    Outlet malls
    APN
    05-03198614
    APU
    503198614

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Silver Spring
    County
    Montgomery
    State
    Maryland
    Longitude
    -76.9561
    Latitude
    39.0518
    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
    $198,799
    $0.00
    $0.00
    $13,918,500
    -
    $9,252,100
    $4,703,400
    $13,955,500

    Comparable in this City

    • Value Estimation by Request
      12,918 SF

      13411 New Hampshire Ave

      SHOPPING CENTER, STRIP CENTER • 12,918 SF
      13411 New Hampshire Ave, Silver Spring, MD 20904-1225
      View Details
    • Value Estimation by Request
      6,984 SF

      16 Vital Way

      SHOPPING CENTER, STRIP CENTER • 6,984 SF
      16 Vital Way, Silver Spring, MD 20904-3446
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    • Value Estimation by Request
      4,500 SF

      Colesville Rd

      MINI-MALL • 4,500 SF
      Colesville Rd, Silver Spring, MD 20904
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    • Value Estimation by Request
      54,466 SF

      11271 New Hampshire Ave

      MINI-MALL • 54,466 SF
      11271 New Hampshire Ave, Silver Spring, MD 20904-2631
      View Details
    • Value Estimation by Request
      101,151 SF

      11201 New Hampshire Ave

      MINI-MALL • 101,151 SF
      11201 New Hampshire Ave, Silver Spring, MD 20904-2631
      View Details
    • Value Estimation by Request
      1,750 SF

      11407 Lockwood Dr

      CONVENIENCE STORE • 1,750 SF
      11407 Lockwood Dr, Silver Spring, MD 20904-2610
      View Details

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    Similar Nearby for Lease

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      2,400 SF

      Renovated Shopping Center Retail Space

      Retail space available in renovated Silver Spring shopping center.
      13808 Outlet Dr, Silver Spring, MD 20904
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      Prime Retail Space in Silver Spring

      High-visibility retail opportunity in a densely populated, affluent area.
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      5,854 SF

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      Grocery-anchored retail development with strong demographics and high traffic.
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      1,800 SF

      Retail Space in Montgomery County

      Grocery-anchored retail development with strong demographics and high traffic.
      12345 Old Columbia Pike, Silver Spring, MD 20904
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    • $4 SF/Yr
      220,253 SF

      Retail Space for Lease

      Retail property available for lease in Silver Spring, Maryland.
      12008 Cherry Hill Rd, Silver Spring, MD 20904
      View Details
    • $12 SF/Yr
      3,882 SF

      Retail Space in Montgomery Park

      Retail space with open floor plans, convenient location.
      11800-11801 Tech Rd, Silver Spring, MD 20904
      View Details

    Property Visit Statistics

    • Visits by month
      168.0k
    • Visitors by month
      104.6k
    • Avg Time on site
      33 min
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    12000 Cherry Hl Rd
    Silver Spring, MD 20904-1985
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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