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    Property profile & analytics

    8701 Ramsey Ave Silver Spring, MD 20910-3485

    • Turn key restaurants
    • 4,700 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-1569194
    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.

    Current Use by Public Records

    • Mi Rancho / Mexican Restaurant / Bar

    Property Details for 8701 Ramsey Ave

    Year built
    1961
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.21 lot acres
    Property size
    4,700 SF
    Zone code
    CR5.0
    Property type
    Turn key restaurants
    APN
    13-03371371
    APU
    1303371371

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Silver Spring
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.03
    Latitude
    38.9964
    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
    $23,356
    $0.00
    $0.00
    $1,839,133
    -
    $600,800
    $1,255,800
    $1,856,600

    Comparable in this City

    • Value Estimation by Request
      2,812 SF

      8081 Georgia Ave

      RESTAURANT • 2,812 SF
      8081 Georgia Ave, Silver Spring, MD 20910-4940
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    • Value Estimation by Request
      2,860 SF

      7926 Georgia Ave

      RESTAURANT • 2,860 SF
      7926 Georgia Ave, Silver Spring, MD 20910-4837
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      $3,200,000
      2,000 SF

      8229 Georgia Ave

      RESTAURANT • 2,000 SF
      8229 Georgia Ave, Silver Spring, MD 20910-4520
      View Details
    • Value Estimation by Request
      2,964 SF

      8407 Ramsey Ave

      RESTAURANT • 2,964 SF
      8407 Ramsey Ave, Silver Spring, MD 20910-3324
      View Details
    • Value Estimation
      $655,000
      3,243 SF

      1411 Ew Hwy

      RESTAURANT • 3,243 SF
      1411 Ew Hwy, Silver Spring, MD 20910-2836
      View Details
    • Value Estimation by Request
      7,307 SF

      8131 Georgia Ave

      RESTAURANT • 7,307 SF
      8131 Georgia Ave, Silver Spring, MD 20910-4932
      View Details

    Similar Nearby for Sale

    • $4,000,000
      5,843 SF

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      Restaurants • 5,843 SF
      8216 Georgia Ave, Silver Spring, MD 20910
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    • $5,000,000

      Fully Leased Retail Building For Sale

      19,495 SF retail building on Georgia and Thayer Avenue.
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    • $125,000
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      Established Used Car Lot Business

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      Mixed-Use Building in Silver Spring

      Two-level mixed-use building with retail and office spaces for sale.
      8215 Fenton St, Silver Spring, MD 20910
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      Park Sutton Parking Space

      Parking space available for Park Sutton Condominium unit owners.
      1900 Lyttonsville Rd, Silver Spring, MD 20910
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    • $450,000
      3,500 SF

      Established Edible Arrangements Business Opportunity

      Profitable Edible Arrangements business for sale in Silver Spring, MD.
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    Similar Nearby for Lease

    • Contact for pricing
      231,000 SF

      Silver Spring Retail Space For Lease

      Prime Mixed-Use Retail in Silver Spring, MD
      8455 Fenton St, Silver Spring, MD 20910
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    • $21,000
      3,920 SF

      Downtown Silver Spring Commercial Space

      9,700 sq ft retail space in downtown Silver Spring.
      8618 Fenton St, Silver Spring, MD 20910
      View Details
    • Contact for pricing
      1,704 SF

      Retail Spaces Available For Rent

      Retail spaces available for rent in Silver Spring, MD.
      8455 Colesville Rd, Silver Spring, MD 20910
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    • Contact for pricing
      1,831 SF

      Prime Retail Space in Silver Spring

      High-visibility retail space with excellent access and strong demographics.
      8661 Colesville Rd, Silver Spring, MD 20910
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    • $38 SF/Yr
      2,800 SF

      Retail Space on Georgia Avenue

      Retail space available for lease in Silver Spring, Maryland.
      8610-8650 Georgia Ave, Silver Spring, MD 20910
      View Details
    • $10,430 /Mo

      Office/Retail Space Available For Rent

      Office and retail spaces available for rent.
      1110 Bonifant 310, Silver Spring, MD 20910
      View Details

    Property Visit Statistics

    • Visits by month
      12.8k
    • Visitors by month
      10.3k
    • Avg Time on site
      73 min
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    8701 Ramsey Ave
    Silver Spring, MD 20910-3485
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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