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    2201 Randolph Rd Silver Spring, MD 20902
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    Property profile & analytics

    2201 Randolph Rd, Silver Spring, MD 20902

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    • Grocery and convenience stores
    • 60,000 SF
    • 5.13 lot acres
    Retail Space For Lease For Lease
    $14,580,000

    Retail Space For Lease

    Retail property available for lease in Wheaton-Glenmont, Maryland.

    Silver Spring, MD 20902
    View Listing
    Property ID
    US40-0685121
    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

    • higi / Medical Clinic
    • MoneyGram / Bank / Credit Union
    • Lidl / Grocery & Convenience Store / Food Market
    • Planet Fitness / Gym & Fitness Center
    • Aldi / Grocery & Convenience Store / Food Market

    Property Details for 2201 Randolph Rd

    Year built
    2002
    Construction
    BRICK
    Lot size
    5.13 lot acres
    Zone code
    CR3.0
    Property type
    Grocery and convenience stores
    APN
    13-00954888
    APU
    1300954888

    Description

    This exceptional retail property, located at 2201 Randolph Rd in Wheaton-Glenmont, Maryland, offers a substantial 28,919 square feet of vacant space. Situated in Montgomery County (zip code 20902), this single-tenant retail shop presents a unique opportunity for businesses seeking a significant presence in a thriving market. The entire building is available for lease, providing ample space for a wide range of retail operations. The property's prime location offers excellent visibility and accessibility, making it an ideal choice for businesses looking to establish or expand their operations. With its substantial square footage and strategic location, this property is well-suited for a variety of retail concepts. The address is easily accessible, offering convenient access for customers and employees alike. This is a rare opportunity to secure a large, single-tenant retail space in a desirable location within Montgomery County. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property's size and location make it a highly attractive proposition for businesses seeking significant growth potential. Detailed specifications and lease terms are available upon request. This is a prime opportunity to secure a substantial retail presence in a dynamic and growing community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $19,602,000
      Market price range: $14.0M - $40.0M
      AI Estimate
      $9,561,000
      Market price range: $5.15M - $20.5M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $23,265,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Silver Spring
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.0473
    Latitude
    39.0601
    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
    $148,993
    $0.00
    $0.00
    $12,335,733
    -
    $5,663,000
    $6,678,400
    $12,341,400
    View Listing
    More about this property
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