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Property profile & analytics
OFF-MARKET
Estimated value
$5,820,000
Retail space
15410 New Hampshire Ave, Silver Spring, MD 20905-4163
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-0745518
Property summary
AI-generated overview
This exceptional 1,380-square-foot retail space is located within the Cloverly Village Shopping Center in Silver Spring, Maryland, at 15410 New Hampshire Ave, zip code 20905. The property is conveniently situated between Aspen Hill and Spencerville, offering excellent accessibility via the Intercounty Connector. This prime retail location boasts significant foot traffic due to its adjacency to a Safeway grocery store. The space benefits from high visibility with unobstructed street views and ample road frontage. A key advantage is the upcoming installation of a new building facade, enhancing the overall aesthetic appeal and attracting potential customers. The property is classified as retail storefront with multiple tenancy options. This presents a unique opportunity for businesses seeking a well-located, high-traffic retail space in a thriving community. The space is currently available for lease. Interested parties should inquire for further details and leasing information.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
BRICK
Total area
22,170 SF
Lot
2.57 ac (111,949 SF)
Zoning code
NR0.7
APN
05-02571622
UPID
US40-0745518
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bank of America ATM Atm
-
Bear Brick Oven Co Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.82M
Blend (final)
Blend
$5.82M
Owner & transaction history
G & G Cloverly LLP · 9 yrs held
G & G Cloverly LLP
since 2016
3 recorded transactions
Zoning & alternative use
NR0.7 · Silver Spring, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Silver Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silver Spring submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$8,595,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$5.82M
Range $5.24M – $6.40M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$263 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$60,683
Tax year 2022
Assessed value
$4,923,833
Assessed 2023
Previous assessed
$4,800,000
+2.6% YoY
Effective rate
1.23%
On assessed value
Land market value
$3,761,400
Improvement market value
$1,410,100
Total market value
$5,171,500
Applied tax rate
42.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1986
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
22,170 SF
Lot
2.57 ac (111,949 SF)
Zoning code
NR0.7
APN
05-02571622
UPID
US40-0745518
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
NR0.7 · Silver Spring, MD
Zoning NR0.7 · permitted uses
NR0.7 · Silver Spring, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Silver Spring. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$8.6M
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
2.57 ac
Current owner
From public records · entity-resolved
G & G Cloverly LLP
Entity
Mailing address
8720 GEORGIA AVE STE #502, SILVER SPRING, MD 20910-3612
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2016
—
G & G Cloverly LLP
—
Deed
related
$2,400,000 · Miscellaneous Ins Co
—
—
G LLP
—
Deed Of Trust
related
$2,300,000 · Wells Fargo Bank
—
—
G & G Cloverly LLP
—
Deed Of Trust
related
$2,400,000 · Miscellaneous Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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