Property summary
This exceptional 3,701 square foot, two-level vacant commercial property is ideally situated in the heart of downtown Silver Spring, Maryland, at 8404 Georgia Avenue. Boasting a prime location on a heavily trafficked commercial corridor with nearly 40,000 vehicles per day, this property offers unparalleled visibility and accessibility. The building, constructed in 1938, features two on-site parking spaces and benefits from flexible CR-5.0 zoning, permitting a wide range of uses including retail, restaurant, office, and multifamily development. Its convenient transit-oriented location is just one block from a large public parking garage and within two blocks of the Silver Spring Metro station, the future Purple Line light rail station, the MARC train station, and numerous bus lines. The property sits on a 3,363 square foot lot and offers the potential for a partial second-story roof deck. Delivered vacant at closing, this owner-user or investment opportunity presents a unique chance to capitalize on the vibrant growth and development within this thriving downtown area. The property's previous use as a law office provides a solid foundation for various commercial ventures. The building's two stories provide ample space for a variety of configurations. The Montgomery County location offers access to a large and diverse population base. This property is a rare find in a highly sought-after location. The APN is 13-01045140.
Property profile
VerifiedCap rate & NOI
Current use
-
Law Firm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CR5.0 · Silver Spring, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.