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Property profile & analytics
OFF-MARKET
Estimated value
$1,830,000
Industrial properties
8030 Georgia Ave Silver Spring, MD 20910-4900
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1479802
Property summary
AI-generated overview
This exceptional 1,900 square foot retail space, located at 8030 Georgia Avenue in Silver Spring, Maryland, presents a unique opportunity for a new business. Situated in a vibrant Class B building (9,186 total square feet) constructed in 1950 and renovated in 2002, this single-tenant storefront boasts prime visibility on a bustling thoroughfare with a daily traffic count of 39,000 vehicles. The property's zoning is CBD-R2, ideal for a variety of retail uses. Previously a successful ice cream café for 22 years, the space features a thoughtfully designed interior with high exposed ceilings, a three-compartment sink, and a walk-in freezer – all ready for immediate occupancy. Its convenient location near the DC Metro ensures high foot traffic and accessibility. The address is 8030 Georgia Ave, Silver Spring, MD 20910, near East West Highway. This space is perfect for a cafe, coffee shop, bakery, restaurant, or other retail establishment seeking a high-traffic location in a thriving community. The building is a single-tenant structure.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1945
Construction
BRICK
Total area
9,186 SF
Lot
0.16 ac (6,940 SF)
Zoning code
CR5.0
APN
13-00976271
UPID
US40-1479802
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
-
Moorenko's Ice Cream Café Grocery & Convenience Store Specialty Food Shop
-
Dorfmann & Co Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.75M
Blend (final)
Blend
$1.83M
Owner & transaction history
Blair Mill LLC · 9 yrs held
Blair Mill LLC
since 2016
5 recorded transactions
Zoning & alternative use
CR5.0 · 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
Blend value · Realmo final
$1.83M
Range $1.65M – $2.01M · ±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
$199 / 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
$15,357
Tax year 2022
Assessed value
$1,159,733
Assessed 2023
Previous assessed
$1,157,800
+0.2% YoY
Effective rate
1.32%
On assessed value
Land market value
$586,600
Improvement market value
$595,800
Total market value
$1,182,400
Applied tax rate
48.0000
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1945
Construction
BRICK
Heating
YES
Cooling
YES
Stories
3
Units
1
Total area
9,186 SF
Lot
0.16 ac (6,940 SF)
Zoning code
CR5.0
APN
13-00976271
UPID
US40-1479802
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CR5.0 · Silver Spring, MD
Zoning CR5.0 · permitted uses
CR5.0 · 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.
Building & site characteristics
From public records
Year built
1945
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
3
Units
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Blair Mill LLC
Entity
Mailing address
8040 GEORGIA AVE STE #180, SILVER SPRING, MD 20910-4959
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2016
—
Blair Mill LLC
—
Deed
related
$4,366,833 · The Columbia Bank
Jul 17, 2013
—
Blair Mill LLC
—
Trustees Deed
related
$170,000 · Eagle Bank
Jan 7, 2009
—
Blair Mill LLC
—
Deed Of Trust
related
$4,200,000 · Eagle Bank
—
—
Blair Mill LLC
—
Deed Of Trust
related
$400,000 · Eagle Bank
—
—
Blair Mill LLC
—
Deed Of Trust
related
$100,000 · Montgomery County Bankers Smal
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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