Entity Owned Property summary
AI-generated overview
This exceptional office space, located at 12020 Georgia Avenue in Silver Spring, Maryland, 20902, presents a fantastic opportunity for businesses seeking a prime location. The unit, part of a larger six-suite building totaling 9,200 square feet, offers 1,105 square feet of immediately available space. This traditional office space is perfect for a variety of uses and boasts a convenient location on Georgia Avenue, providing easy access to major transportation routes, including proximity to the beltway. The unit itself includes a full bathroom for added convenience. Utilities are separately metered for electric and water, allowing for precise cost control. The building is well-maintained and offers a professional atmosphere. This is a multi-tenant building, providing a collaborative and dynamic work environment. The property's address is easily accessible and highly visible, offering excellent branding opportunities. Don't miss this chance to secure a well-located, functional, and immediately available office space in the thriving Silver Spring market. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
9,200 SF
Lot
0.42 ac (18,324 SF)
Zoning code
CRN0.
APN
13-02897208
UPID
US40-2143175
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
-
Property Management Company
-
Law Firm
-
Insurance Agency
-
Medical Clinic
-
Law Firm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$2.23M
Owner & transaction history
since 2003
7 recorded transactions
Zoning & alternative use
CRN0. · Silver Spring, MD
Top alternative use upside
Commercial (general)
$3.6M
+17.4%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$2.23M
Value range
$2.01M – $2.45M
±10% around blend
Estimated value / SF
$242 / SF
Confidence
High
8 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
80
$2.01M
blend $2.23M
$2.45M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,200 SF
Lot area
0.42 ac
Year built
2005
Stories
2
APN
13-02897208
Zoning
CRN0.
Assessed value
$1,585,600
Annual tax
$18,533
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.25M
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.9 mi away · 6,552 SF
9.2 mi away · 8,232 SF
11.9 mi away · 10,999 SF
13.7 mi away · 10,760 SF
14.3 mi away · 10,164 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.23M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 63 sales
$330
-27%
County 255 sales
$317
-24%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $242/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+17%
vs current-use indication
Office Building · current use
Warehouse, Storage
Apartment House (5+ Units)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.59M
Move the market yield to see immediate price impact.
Value / SF
$172
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$100k
$2.00M
$1.43M
$1.11M
$111k
$2.22M
$1.59M
$1.23M
$122k
$2.44M
$1.74M
$1.36M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$1.08M
8.6 mi · Apr 2026 · $148/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$18,533
Tax year 2022
Assessed value
$1,585,600
Assessed 2023
Previous assessed
$1,562,800
+1.5% YoY
Effective rate
1.17%
On assessed value
Land market value
$840,700
Improvement market value
$767,700
Total market value
$1,608,400
Applied tax rate
38.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
2
Units
1
Total area
9,200 SF
Lot
0.42 ac (18,324 SF)
Zoning code
CRN0.
APN
13-02897208
UPID
US40-2143175
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CRN0. · Silver Spring, MDZoning CRN0. · permitted uses
CRN0. · Silver Spring, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
HOT WATER
Cooling
Yes
Stories
2
Units
1
Lot
0.42 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CRN0.
Jurisdiction
Silver Spring, MD
Recorded code
CRN0.
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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