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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    12069 Tech Rd, Silver Spring, MD 20904

    5,168 SF 0.32 ac lot
    Entity Owned ~ Est. High Equity
    Property ID
    US40-0134203
    Property summary
    AI-generated overview

    This exceptional 5,168 square foot flex space, located at 12069 Tech Rd, Silver Spring, MD 20904, presents a unique owner-user opportunity. The property, part of the Montgomery Industrial Park Condominiums, is a Class C building constructed in 1988 and extensively renovated in 2020. Boasting 20-foot ceilings and a roll-up door, the ground floor features a reception area with a coffee bar and refrigerator, a large office, three smaller offices, a conference area, a kitchen, and a warehouse area. Two bathrooms are conveniently located on this level. Upstairs, approximately 1056 square feet of finished space includes three offices, a reception area, and a large conference area, along with another bathroom. The property includes a 1,200 square foot main mezzanine plus an additional 256 square feet of supplemental mezzanine space, offering ample storage. Recent upgrades include a new HVAC system (Trane, installed 5/27/2020, with warranties), new luxury vinyl plank flooring, fresh paint, updated kitchen and bathroom fixtures, new windows, LED lighting, and a new water heater. The property is professionally decorated and features a smart control thermostat, two electrical panels, and a network hard-wired for offices. There is one loading dock. The permitted zoning is Light Industrial. The asking price is $1,200,000 ($232.20/sq ft). Occupancy is available September 30, 2024. While there is no currently dedicated parking, the building's Board of Directors has authorized approval of a parking policy, and ample parking is available within the complex. This property offers a blend of modern amenities and functional space, ideal for a variety of businesses.

    Property profile
    Verified
    Property type 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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Delta Art and Gift Art Gallery
    • Norberg Davis Bourne & Painter LLP, CPAs Tax Preparation
    • Kevin G Bradley, CPA Accounting Firm
    • Bonnett Joseph L Law Firm
    • Delta Dimensions Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.19M
    Blend (final) Blend
    $1.57M
    Owner & transaction history
    Amiricon Office Ventures LLC
    Amiricon Office Ventures LLC
    since 2025
    Last sale
    $1.1M
    4 recorded transactions
    2025
    $1.1M
    2018
    2007
    2004
    $465,000
    Zoning & alternative use
    I1 · Silver Spring, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Industrial (general) $2.5M +22.9%
    Retail stores $2.3M +14.1%
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    More about this property
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