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Property profile & analytics
FOR SALE
Office buildings
8241 Georgia Ave, Silver Spring, MD 20910
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US40-1273841
$5,000,000
8241 Georgia Ave, Silver Spring, MD 20910
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
BRICK
Total area
13,800 SF
Lot
0.22 ac (9,551 SF)
Zoning code
CR5.0
APN
13-01042875
UPID
US40-1273841
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
-
MOREN (Bike/Boat/Book/etc) Store
-
Washington DC Metropolitan Physical Therapy & Fitness Center Medical Clinic
-
Alternative Primary Care Inc: Williams Shelly MD Alternative Medicine Practice
-
Alternative Primary Care Medical Clinic
-
The Universal Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.97M
Blend (final)
Blend
$4.86M
Owner & transaction history
Skac Quach Living Trust
Skac Quach Living Trust
since 2026
Last sale
$4.5M
4 recorded transactions
Zoning & alternative use
CR5.0 · Silver Spring, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$6.6M
+3.3%
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
OFFICE BUILDING
$6,365,000
Current use
INDUSTRIAL (GENERAL)
$6,575,000
Change: +3% · Conversion: Difficult
RETAIL STORES
$6,105,000
Change: -4% · Conversion: Moderate
COMMERCIAL (GENERAL)
$5,350,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$4.86M
Range $4.37M – $5.34M · ±10% · vs last sale $4.50M (Jan 14 2026)
Last sale anchor
$4.50M
Jan 14 2026
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
$352 / 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
$36,912
Tax year 2022
Assessed value
$2,827,400
Assessed 2023
Previous assessed
$2,991,200
-5.5% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,434,000
Assessed improvement
$1,393,400
Land market value
$1,434,000
Improvement market value
$1,393,400
Total market value
$2,827,400
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1987
Construction
BRICK
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
13,800 SF
Lot
0.22 ac (9,551 SF)
Zoning code
CR5.0
APN
13-01042875
UPID
US40-1273841
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.4M
INDUSTRIAL (GENERAL)
Est. value
$6.6M
RETAIL STORES
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$5.4M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1987
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Skac Quach Living Trust
Trust
Mailing address
801 WAYNE AVE STE #300, SILVER SPRING, MD 20910-4450
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2026
$4,500,000
Skac Quach Living Trust
Thayer Avenue Limited Partnership
Deed
$3,150,000 · Atlantic Union Bank
Aug 1, 2018
—
Thayer Avenue Limited Partnership
—
Deed
related
$2,000,000 · Revere Bank
Jun 3, 2003
—
Thayer LP
—
Deed Of Trust
related
$2,250,000 · Potomac Valley Bank
—
—
Thayer Avenue LP
—
Deed Of Trust
related
$2,000,000 · Columbia Bank
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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