Technical
Financial
Distress signals
Property profile

12345 Georgia Ave Silver Spring, MD 20906

FOR LEASE
Strip malls
Property ID
US40-1133294
40,083 SF 2.17 ac lot Built 1966
Entity Owned 6-yr Hold Free & Clear
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12345 Georgia Ave, Silver Spring, MD 20906 For Lease
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12345 Georgia Ave, Silver Spring, MD 20906
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Property summary

AI-generated overview

This exceptional commercial property, Glenmont Shopping Center, located at 12345 Georgia Ave, Silver Spring, MD 20906, presents a unique leasing opportunity. The property is classified as both retail and office space, catering to diverse business needs. Currently, there is 1,477 square feet of vacant space available for lease within a multi-tenant building. The exact total square footage of the building is not specified. This prime location in Silver Spring, Maryland offers excellent visibility and accessibility for businesses seeking a vibrant and convenient setting. The property's classification as "Creative Office" suggests a flexible and adaptable space, potentially suitable for businesses requiring unique layouts or design elements. The address is easily accessible, situated at 12345 Georgia Ave, providing convenient access for both employees and customers. Interested parties are encouraged to inquire about lease terms and conditions to explore the possibilities of establishing their business in this dynamic commercial center. The property's location at latitude 39.0609642 and longitude -77.0493404 provides precise geographical coordinates for easy location identification. This space is ideal for businesses seeking a versatile and well-situated location in the thriving Silver Spring market.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1966
Construction BRICK
Total area 40,083 SF
Lot 2.17 ac (94,687 SF)
Zoning code CR3.0
APN 13-00961680
UPID US40-1133294

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
  • Mobile Phone Store Electronics & Wireless Store
  • Restaurant
  • Barber Shop
  • Grocery & Convenience Store Food Market
  • Church

Location

12345 Georgia Ave Silver Spring, MD 20906
Silver Spring metro Census 703222 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$1.03M

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
1969
Price N/A

Zoning & alternative use

CR3.0 · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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