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Property profile & analytics
FOR SALE
Office buildings
2301 Broadbirch Dr, Silver Spring, MD 20904
Entity Owned
1-yr Hold
Free & Clear
Property ID
US40-0960895
For Sale
1 / 4
$5,740,000
2301 Broadbirch Dr, Silver Spring, MD 20904
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
29,283 SF
Lot
2.26 ac (98,477 SF)
Zoning code
CR0.7
APN
05-02935272
UPID
US40-0960895
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
-
House Of Cards (Bike/Boat/Book/etc) Store
-
Elizabeth Chandler Physician
-
Zang Rachel MD Pediatrician Medical Clinic
-
Wang Judy MD Pediatrician Medical Clinic
-
Digene Diagnostics Inc Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.88M
Comparable Approach
Comparable
$6.19M
Blend (final)
Blend
$5.74M
Owner & transaction history
Potomac Conf Corp Of Seventh Day Ad · 1 yrs held
Potomac Conf Corp Of Seventh Day Ad
since 2025
Last sale
$5.5M
5 recorded transactions
Zoning & alternative use
CR0.7 · 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%
$6,360,000
6.5%
$5,875,000
7%
$5,455,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$9,165,000
Change: -5% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$9,005,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$5.74M
Range $5.17M – $6.31M · ±10% · vs last sale $5.50M (May 28 2025)
Last sale anchor
$5.50M
May 28 2025
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
$196 / 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
$48,604
Tax year 2022
Assessed value
$3,733,300
Assessed 2023
Previous assessed
$3,896,700
-4.2% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,772,500
Assessed improvement
$1,960,800
Land market value
$1,772,500
Improvement market value
$1,960,800
Total market value
$3,733,300
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
Similar Nearby for Lease
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1986
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
29,283 SF
Lot
2.26 ac (98,477 SF)
Zoning code
CR0.7
APN
05-02935272
UPID
US40-0960895
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CR0.7 · Silver Spring, MD
Zoning CR0.7 · permitted uses
CR0.7 · 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
WAREHOUSE, STORAGE
Est. value
$9.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.0M
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
2.26 ac
Current owner
From public records · entity-resolved
Potomac Conf Corp Of Seventh Day Ad
Entity
Free & Clear · 1 yrs held
Mailing address
19950 W COUNTRY CLB DR STE #80, AVENTURA, FL 33180-4601
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
$5,500,000
Potomac Conf Corp Of Seventh Day Ad
Esj Renaissance Ob Westech LLC
Special Warranty Deed
—
Sep 14, 2022
$3,800,000
Esj Renaissance Ob Westech LLC
Ip Dsc Moco Westech LLC
Special Warranty Deed
$38,500,000 · City National Bank Of Florida
Oct 15, 2019
$26,900,000
Ip Dsc Moco Westech LLC
Gb LLC
Special Warranty Deed
$137,950,000 · Citizens Bank NA
Dec 13, 1999
—
Gb LLC
—
Deed Of Trust
related
$28,000,000 · Royal Bank Of Scotland
Nov 13, 1998
$55,558,900
Gb LLC
Westfarm Associates LP
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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