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    12331 Georgia Ave Silver Spring, MD 20906-3646
    Property profile & analytics

    12331 Georgia Ave, Silver Spring, MD 20906-3646

    View on Map

    • Strip malls
    • 27,497 SF
    • 2.78 lot acres
    Off-Market
    Last Sale May 11, 2022
    Property ID
    US40-0725901
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,380,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • USCIS Application Support Center ASC - Glenmont / Immigration & Naturalization Service / Government Office
    • Marianne Bitner / Physician
    • T Nails & Spa / Nail Salon
    • smoke island glenmont / (Bike/Boat/Book/etc) Store
    • Glenmont Shopping Center / Shopping Center & Mall

    Property Details for 12331 Georgia Ave

    Year built
    1986
    Construction
    BRICK
    Lot size
    2.78 lot acres
    Zone code
    CR3.0
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    13-02543500
    APU
    1302543500

    Description

    This 1,444 square foot medical office space is available for sublease in the Glenmont Shopping Center, situated at the intersection of Georgia Avenue and Randolph Road in Montgomery County. The property, built in 1990, sits on 2.63 acres and offers a single-tenant occupancy. The space is ideally suited for medical practices and includes four treatment rooms, a dedicated customer waiting area, a convenient breakroom, and a private restroom. Its prime location offers excellent accessibility, being a mere two-minute walk from major bus routes, five miles from the Capital Beltway (495), and two miles from the Intercounty Connector, ensuring convenient commutes for both staff and patients. The property's classification as both retail and office space provides flexibility for a variety of uses within the medical field. This sublease opportunity presents a well-equipped and conveniently located space for a growing medical practice seeking a readily available and established location in a bustling shopping center. The property's location within the Glenmont Shopping Center provides ample parking and visibility, enhancing the overall appeal and accessibility for patients. This is a fantastic opportunity to establish or expand a medical practice in a high-traffic area with excellent transportation links.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,378,000
      Market price range: $617k - $1.88M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,075,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Silver Spring
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.0486
    Latitude
    39.0603
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $112,054
    $0.00
    $0.00
    $9,298,000
    -
    $3,071,000
    $6,240,700
    $9,311,700
    More about this property
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