Property profile

12115 Heritage Park Cir Silver Spring, MD 20906

OFF-MARKET
Office Spaces
Property ID
US40-1532549
902 SF 0.06 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 902-square-foot executive office suite is ideally situated at 12115 Heritage Park Cir in Silver Spring, Maryland, within Montgomery County. The property offers a single-tenant occupancy, providing complete privacy and control over the space. The entire 902 square feet is currently vacant and ready for immediate lease. This presents a unique opportunity for a business seeking a move-in ready, modern office space. The address is conveniently located in a desirable area of Silver Spring, offering easy access to major transportation routes and amenities. The property type is classified as an office building, specifically an executive office suite, suggesting a higher level of finish and potentially desirable features. The suite's size is perfectly suited for a small to medium-sized business or professional practice requiring a dedicated and private workspace. The single-tenant occupancy eliminates the complexities of shared spaces and ensures a quiet, productive environment. This property is a turnkey solution for businesses seeking a professional and efficient office space in a prime Silver Spring location. The zip code is 20906. The property's geographic coordinates are latitude 39.055471 and longitude -77.080206. This presents a rare opportunity to secure a well-located, move-in ready office space in a thriving Maryland market.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Total area 902 SF
Lot 0.06 ac (2,428 SF)
Zoning code CT
APN 13-02475815
UPID US40-1532549

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
  • Interior Design Home Decor Store
  • (Bike/Boat/Book/etc) Store Hardware & Home Improvement

Location

12115 Heritage Park Cir Silver Spring, MD 20906-4556
Silver Spring metro Census 703401 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

Zoning & alternative use

CT · 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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