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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Office Spaces
8607 2nd Ave504a Silver Spring, MD 20910-3355
Individually Owned
2-yr Hold
Free & Clear
Property ID
US40-0946298
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Total area
773 SF
Lot
0.01 ac (382 SF)
Zoning code
CBD2
APN
13-02542141
UPID
US40-0946298
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
-
Viewpoint Communications, Inc. Film Production Television Studio
-
Lisa H Slade DDS PC Dental Office
-
T C Family Dental Center Dental Office
-
Jacob A. Nix, D.M.D. Dental Office
-
Campbell Kimberly Y Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$554k
Blend (final)
Blend
$655k
Owner & transaction history
Advanced Neighborhood Pediatrics Ll · 2 yrs held
Advanced Neighborhood Pediatrics Ll
since 2024
Last sale
$655,525
2 recorded transactions
Zoning & alternative use
CBD2 · Silver Spring, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$655,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$655k
Range $590k – $721k · ±10% · vs last sale $656k (Apr 30 2024)
Last sale anchor
$656k
Apr 30 2024
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
$847 / 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
$3,193
Tax year 2022
Assessed value
$270,500
Assessed 2023
Previous assessed
$270,500
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$81,100
Assessed improvement
$189,400
Land market value
$81,100
Improvement market value
$189,400
Total market value
$270,500
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Heating
NONE
Stories
1
Units
1
Total area
773 SF
Lot
0.01 ac (382 SF)
Zoning code
CBD2
APN
13-02542141
UPID
US40-0946298
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CBD2 · Silver Spring, MD
Zoning CBD2 · permitted uses
CBD2 · 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.
Building & site characteristics
From public records
Heating
NONE
Stories
1
Units
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
Advanced Neighborhood Pediatrics Ll
Individual
Free & Clear · 2 yrs held
Mailing address
12239 CYPRESS SPG RD, CLARKSBURG, MD 20871-4415
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2024
$655,525
Advanced Neighborhood Pediatrics Ll
Aja Investments LLC
Special Warranty Deed
—
Aug 10, 2017
$676,000
Aja Investments LLC
Butternut Partners No 1
Special Warranty Deed
$697,000 · Capital One NA
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.
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