Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1315 Ew Hwy Silver Spring, MD 20910-6233
    Back to Search
    Property profile & analytics

    1315 Ew Hwy, Silver Spring, MD 20910-6233

    View on Map
    • Office buildings
    • 505,000 SF
    • 1.97 lot acres
    Off-Market
    Property ID
    US40-0202716
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 1315 Ew Hwy

    Year built
    1992
    Construction
    BRICK
    Lot size
    1.97 lot acres
    Zone code
    CR8.0
    Property type
    Office buildings
    APN
    13-02903620
    APU
    1302903620

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 16, 2015 — Cff,land Trust III Alfandre Land Trust III Grant Deed · related —
    Dec 29, 2014 — Bkp,land Trust III Barlow Land Trust III Quit Claim Deed —
    Nov 22, 2013 — Bryant F Foulger Bryant F Foulger Intrafamily Transfer · related —
    Jun 14, 2011 — Ssmc Iiia LP — Deed Of Trust · related $10M · Eagle Bank
    — — LP Ssmc III — Deed Of Trust · related $7M · Branch Banking & Trust Co
    — — Ssmc Iiia — Deed Of Trust · related $10M · Fidelity & Trust Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $309,429,000
      Market price range: $135M - $362M
      AI Estimate
      $337,810,000
      Market price range: $116M - $506M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $232,945,000
      Current use
      INDUSTRIAL (GENERAL)
      $240,625,000
      Change: +3% Conversion: Difficult
      RETAIL STORES
      $223,405,000
      Change: -4% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $195,805,000
      Change: -16% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Silver Spring
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.0305
    Latitude
    38.9924
    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
    $1,656,980
    $0.00
    $0.00
    $146,450,267
    -
    $18,181,900
    $130,993,500
    $149,175,400

    Comparable in this City

    • Value Estimation
      $3,220,000
      10,738 SF

      8808 Cameron St

      OFFICE BUILDING
      8808 Cameron St, Silver Spring, MD 20910-4152
      View Details
    • Value Estimation by Request
      264,776 SF

      8630 Fenton St

      OFFICE BUILDING
      8630 Fenton St, Silver Spring, MD 20910-3806
      View Details
    • Value Estimation
      $39,675,000
      157,118 SF

      8601 Georgia Ave

      OFFICE BUILDING
      8601 Georgia Ave, Silver Spring, MD 20910-3437
      View Details
    • Value Estimation
      $1,360,000
      1,584 SF

      8070 Georgia Ave

      OFFICE BUILDING
      8070 Georgia Ave, Silver Spring, MD 20910-4948
      View Details
    • Value Estimation
      $23,695,000
      101,940 SF

      962 Wayne Ave

      OFFICE BUILDING
      962 Wayne Ave, Silver Spring, MD 20910-4433
      View Details
    • Value Estimation
      $30,575,000
      35,556 SF

      1040 Spg St

      OFFICE BUILDING
      1040 Spg St, Silver Spring, MD 20910-4004
      View Details

    Similar Nearby for Sale

    • $3,800,000

      Class A Office Building

      18,753 SF Class A office building for sale.
      912 Thayer Ave, Silver Spring, MD 20910
      View Details
    • Contact for pricing

      Downtown Silver Spring Office Building

      Office space above Whole Foods in downtown Silver Spring.
      Silver, Silver Spring, MD 20910
      View Details
    • Contact for pricing

      Silver Spring Mixed-Use Redevelopment Opportunity

      Value-add mixed-use redevelopment in Silver Spring Opportunity Zone.
      7961 Eastern Ave, Silver Spring, MD 20910
      View Details
    • $302,170

      SILVER SPRING Commercial Opportunity

      Commercial space for sale in SILVER SPRING, MD 20910
      8607 2Nd Ave, Silver Spring, MD 20910
      View Details
    • $3,000,000

      Mixed-Use Building in Silver Spring

      Two-level mixed-use building with retail and office spaces for sale.
      8215 Fenton St, Silver Spring, MD 20910
      View Details
    • $595,000
      1,936 SF

      Silver Spring Office Condo Opportunity

      Updated office condo in downtown Silver Spring with parking.
      8607 2Nd Ave, Silver Spring, MD 20910
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      227,403 SF

      Silver Spring Office Space

      Office building in Silver Spring, Maryland available for rent.
      8501-8517 Georgia Ave, Silver Spring, MD 20910
      View Details
    • Contact for pricing
      1,318 SF

      Silver Spring Office and Medical Space

      Office and medical space for lease in Silver Spring, MD.
      8630 Fenton St, Silver Spring, MD 20910
      View Details
    • $6,000 /Mo
      3,999 SF

      Silver Spring Commercial Space Available

      3,700 sq ft commercial space in downtown Silver Spring.
      8618 Fenton St, Silver Spring, MD 20910
      View Details
    • Contact for pricing
      5,645 SF

      Silver Spring Office Space Available

      Office space for lease near Silver Spring Metro Station.
      8412 Georgia Ave, Silver Spring, MD 20910
      View Details
    • Contact for pricing
      2,473 SF

      Modern Office Space with Fitness

      Renovated office space with modern fitness center and amenities.
      1 Inventa Pl, Silver Spring, MD 20910
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1315 Ew Hwy
    Silver Spring, MD 20910-6233
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1315 Ew Hwy, Silver Spring, MD, 20910
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!