Entity Owned 
For Lease
$5,000/Mo
12069 Tech Rd, Silver Spring, MD 20904
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Property summary
AI-generated overview
The property is an office suite located in Silver Spring, Maryland, configured for professional uses such as legal services and for certain utility or construction-related operations. The suite provides approximately 2,400 square feet of interior space and includes a reception/waiting area, five private office rooms, a kitchenette, and one bathroom, with modern LVP flooring throughout. A portion of the premises is designed to support optional storage of about 1,200 square feet, with a rear garage door and docking access. The layout is suitable for business use and includes office furnishings that may be available for continued use. The suite is positioned with convenient access to major regional routes and is near White Oak Shopping Center, the Maryland Vehicle Administration (MVA), the FDA campus, Route 29, I-495, and Route 200. The property also provides on-site parking.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Total area
5,168 SF
Lot
0.32 ac (13,799 SF)
Zoning code
I1
APN
05-02758778
UPID
US40-0134203
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
-
Art Gallery
-
Tax Preparation
-
Accounting Firm
-
Law Firm
-
Corporate Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.19M
Blend (final)
Blend
$580k
Owner & transaction history
since 2025
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
I1 · Silver Spring, MD
Top alternative use upside
Industrial (general)
$2.5M
+22.9%
Retail stores
$2.3M
+14.1%
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.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 12 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional plan · 30 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$580k
Value range
$522k – $638k
±10% around blend
Estimated value / SF
$112 / SF
Confidence
High
12 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
Income certainty
100
$522k
blend $580k
$638k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,168 SF
Lot area
0.32 ac
Stories
2
APN
05-02758778
Zoning
I1
Assessed value
$680,400
Annual tax
$8,272
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$8,272
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.03M
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.1 mi away · 4,959 SF
14.6 mi away · 3,849 SF
14.8 mi away · 3,882 SF
14.8 mi away · 3,935 SF
16.4 mi away · 4,910 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$580k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 20 sales
$388
-71%
County 476 sales
$349
-68%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $112/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Industrial (general)
Gross theoretical uplift
+23%
vs current-use indication
Retail Stores
Commercial (general) · current use
Office Building
Warehouse, Storage
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
Modeled
Market rent
Market benchmark
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: income and sales evidence cover the value conclusion.
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional plan · 30 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$902k
Move the market yield to see immediate price impact.
Value / SF
$175
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%
$57k
$1.14M
$812k
$632k
$63k
$1.26M
$902k
$702k
$69k
$1.39M
$993k
$772k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$2.28M
9.9 mi · Dec 2025 · $471/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$8,272
Tax year 2022
Assessed value
$680,400
Assessed 2023
Previous assessed
$671,800
+1.3% YoY
Effective rate
1.22%
On assessed value
Land market value
$209,200
Improvement market value
$488,400
Total market value
$697,600
Applied tax rate
42.0000
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
Other commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
For Lease
Heating
NONE
Stories
2
Units
1
Total area
5,168 SF
Lot
0.32 ac (13,799 SF)
Zoning code
I1
APN
05-02758778
UPID
US40-0134203
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
I1 · Silver Spring, MDZoning I1 · permitted uses
I1 · 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
Heating
NONE
Stories
2
Units
1
Lot
0.32 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I1
Jurisdiction
Silver Spring, MD
Recorded code
I1
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
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
Private report access
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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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Your membership includes if available
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