Property profile

12001 Old Columbia Pike Silver Spring, MD 20904

OFF-MARKET
Commercial land
Property ID
US40-1560211
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a one-bedroom, one-bath condominium unit located on the fifth floor within a secure multi-unit building. It features an efficient interior layout with a combined living and dining area that opens to a private balcony. The kitchen has been updated and includes stainless steel appliances and ample cabinet space, and the bedroom includes a walk-in closet. In-unit laundry is present, and the unit includes carpeting and other floor finishes that are reported to be in good condition. Building and community services include 24-hour security, an on-site manager, and assigned parking by permit. Community amenities include a swimming pool, picnic area, and a party room, and water service is included as part of the utilities arrangement while electricity, cable, and internet are handled separately. The property is situated along a bus route with access to major commuter roads, and it is approximately 2 miles from the FDA White Oak campus, about 3 miles from Adventist HealthCare White Oak Medical Center and White Oak Town Center, roughly 4 miles from I-495, and about 2 miles from the ICC (MD-200), with Downtown Silver Spring, the University of Maryland, and Washington, DC and Baltimore within commuting distance.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Zoning code R10
APN 05-03841852
UPID US40-1560211

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
  • Condominium Complex
  • Alternative Medicine Practice
  • Artist

Location

12001 Old Columbia Pike Silver Spring, MD 20904-1974
Silver Spring metro Census 701425 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

Zoning & alternative use

R10 · 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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