8404 Georgia Ave, Silver Spring, MD 20910-4424
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.
-
Rubin & Rubin Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CR5.0 · Silver Spring, MDSilver Spring. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.