Property profile

8215 Fenton St Silver Spring, MD 20910

OFF-MARKET
Other warehouses
Property ID
US40-0339650
4,455 SF 0.22 ac lot Built 2007
Entity Owned 24-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A 13,175-square-foot, two-level mixed-use building is divided into three separately demised spaces with street-level access. The first space contains approximately 2,375 square feet of street-level retail bay space; the second contains approximately 4,455 square feet of street-level office or mixed-use space and includes a large open area with very high ceilings, nine offices, two conference rooms, a lobby, kitchenette, and two bathrooms. The third space is approximately 6,345 square feet, accessible at street level from the rear of the property, and includes a reception lobby, 17 offices of various sizes, an outdoor patio, a core room, multi-stall men’s and women’s bathrooms, and a large kitchenette with lounge area. The building is fully sprinklered and equipped with a security alarm system, with CAT 6 wiring, and each space provides wheelchair accessibility from grade level. Exterior features include a flat membrane roof, brick and Dryvit exterior walls, and double-pane windows. Heating is provided via gas-fired heat with electric AC, and the property includes multiple package units. Parking consists of five on-site spaces, with two county garages within one block and street parking along the frontage; an alley runs along the full length of the property.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 2007
Construction BRICK
Total area 4,455 SF
Lot 0.22 ac (9,461 SF)
Zoning code CR3.0
APN 13-03381186
UPID US40-0339650

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Recording Studio
  • Theater & Performing Art Venue Music Venue
  • Photography Service (Bike/Boat/Book/etc) Store
  • Marketing & Advertising Advertising Agency
  • Hair Salon

Location

8215 Fenton St Silver Spring, MD 20910-4503
Silver Spring metro Census 702402 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
$870k
Comparable Approach Comparable
$827k
Blend (final) Blend
$740k

Owner & transaction history

since 2002
4 recorded transactions
2018
Price N/A
2002
$600,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CR3.0 · Silver Spring, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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