Property profile

8242 Georgia Ave Silver Spring, MD 20910

OFF-MARKET
Commercial land
Property ID
US40-1048637
7,850 SF 0.22 ac lot Built 1923
Entity Owned 28-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1923
Construction BRICK
Total area 7,850 SF
Lot 0.22 ac (9,500 SF)
Zoning code CBD2
APN 13-01045743
UPID US40-1048637

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
  • Restaurant

Location

8242 Georgia Ave Silver Spring, MD 20910-4511
Silver Spring metro Census 702501 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.63M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.36M

Owner & transaction history

Zoning & alternative use

CBD2 · Silver Spring, MD
Top alternative use upside
Industrial (general) $3.7M +22.9%
Office building $3.6M +19.0%
Retail stores $3.5M +14.1%

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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