Property profile

1300 Frst Gln Rd Silver Spring, MD 20901

OFF-MARKET
Specialty properties
Property ID
US40-1352056
3,136 SF 1.23 ac lot Built 1958
Entity Owned 14-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,136 SF
Lot 1.23 ac (53,677 SF)
Zoning code R60
APN 13-00954877
UPID US40-1352056

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
  • Gym & Fitness Center
  • High School
  • Corporate Office

Location

1300 Frst Gln Rd Silver Spring, MD 20901-2107
Silver Spring metro Census 703000 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
$553k
Blend (final) Blend
$555k

Owner & transaction history

since 2012
7 recorded transactions
2021
Price N/A
2018
Price N/A
2016
Price N/A
2012
$2.5M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R60 · Silver Spring, MD
Top alternative use upside
Office building $860,000 +116.9%
Retail stores $675,000 +70.9%
Auto repair, garage $440,000 +11.0%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1300 Frst Gln Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message