8616 2nd Ave Silver Spring, MD 20910-3786
Property profile & analytics
8616 2nd Ave, Silver Spring, MD 20910-3786
- Apartment buildings
- 290,544 SF
- 1.75 lot acres
Property ID
US40-0691103
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Heypayless / (Bike/Boat/Book/etc) Store / Corporate Office
- Uflo / Employment Agency
- Fenwick Apartments / Apartment Complex
- Luvy Car Towings / (Bike/Boat/Book/etc) Store / Auto Parts Store
- Trufitness Mobile Training / Gym & Fitness Center
Property Details for 8616 2nd Ave
- Year built
- 2014
- Construction
- BRICK
- Lot size
- 1.75 lot acres
- Zone code
- CR3.0
- Property type
- Apartment buildings
- APN
- 13-03714190
- APU
- 1303714190
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 1, 2013 | — | Fenwick Station Venture LLC | — | Deed Of Trust · related | $48.1M · Pnc Bank |
| Oct 11, 2012 | $10,630,000 | Fenwick Station Venture LLC | Epn-sspo LLC | Grant Deed | $8M · Eagle Bank |
| Feb 9, 2012 | $7,150,000 | Epn-sspo LLC | United States Postal Svcs | Deed Of Trust · related | $8M · Eagle Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $79,955,000
- 6.5%
- $73,805,000
- 7%
- $68,530,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $123,194,000
Market price range: $50.4M - $174M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $89,335,000 Current use
- INDUSTRIAL (GENERAL)
- $138,440,000 Change: +55% Conversion: Difficult
- OFFICE BUILDING
- $134,020,000 Change: +50% Conversion: Moderate
- RETAIL STORES
- $128,535,000 Change: +44% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $112,655,000 Change: +26% Conversion: Moderate
- WAREHOUSE, STORAGE
- $90,935,000 Change: +2% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Silver Spring
- County
- Montgomery
- State
- Maryland
- Longitude
- -77.0343
- Latitude
- 38.9971
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$779,123
$0.00
$0.00
$74,360,700
-
$7,349,700
$73,023,500
$80,373,200
