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11931-11941 Tech Road Silver Spring, MD $ 4,500,000
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$ 4,500,000 Get more info
11931-11941 Tech Road
$ 4,500,000
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11931-11941 Tech Road

Silver Spring, MD, 20904
$ 4,500,000
Baths0.0 Sq 13,500

Monthly Estimate*

$ 29,908

11931-11941 Tech Road, Silver Spring, MD 20904 - Image 1
11931-11941 Tech Road, Silver Spring, MD 20904 - Image 2
11931-11941 Tech Road, Silver Spring, MD 20904 - Image 3
11931-11941 Tech Road, Silver Spring, MD 20904 - Image 4
11931-11941 Tech Road, Silver Spring, MD 20904 - Image 5
Studio

Commercial Property for sale in Silver Spring, MD

for $4,500,000. This 13,500 square foot building was built in 1967 on a lot size of 1.57.

Building is in the active and very hot Tech Road corridor of Silver Spring, Maryland. There's a 7 million sq. ft. pending mixed use project nearby called Viva White Oak, which is slated to be life sciences, retail, and luxury residences. Also, the 7th Day Adventist Hospital is a few blocks away, and the new Amazon Fresh shopping center is one block away. The building is 1/2 mile from Chik-Fil-A, Panera, IHOP, TGI Fridays, Five Guys, etc., and is a block from the Silver Spring MVA and emissions test center. Tesla recently opened a facility close by, and there are almost 8 acres presently under construction nearby with luxury condos. The building is office space on the vacant second floor. Half of the second floor was most recently occupied by Eagle Bank, and the other half was most recently occupied by a limousine company. The bottom floor is completely leased to Hoffmaster's Auto Repair, a florist, and a printer.

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Commercial Active

Price

$ 4,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 40,763

Style

Flex

Lot Size

1.57

Year Built

1967

Town/City

Silver Spring

County/Region

Montgomery

MLS | Web ID

MDMC2111030
Features
Interior
Heating Fuel Natural Gas
Flooring Concrete
Hot Water Electric
Total Stories 2
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession 0-30 Days CD
Roof Unknown
Zoning CR0.7
Construction Materials Brick
Exclusions All personal property.
Year Built 1967
Property SubType Mixed Use
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Flex
Accessibility None
County MONTGOMERY
New Construction N
Property Type Commercial Sale
Possible Use Office
Water Access Y/N N
Status ACTIVE
Directions Right on Industrial Drive from Route 29 north (Colesville Road). Right on Tech Road at stop sign.
City SILVER SPRING
Buyer Agent Compensation 2.5
Total Units 1
Lot Size Square Feet 68188.00
Waterfront Y/N N
Street Name TECH
Tax Annual Amount 40763.0
Property Condition Good
Price Per Sq Ft 165.32
Historic Y/N N
Lease Considered Y/N Y
Vacation Rental Y/N N
Days on Market 204
Standard Status Active
Year Built Source Assessor
Legal Subdivision COLESVILLE OUTSIDE
Tax Lot 10
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Parking Features Surface
Water Source Public
Inclusions All fixtures not belonging to the tenants.
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 27220.00
Lot Size Acres 1.57
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 1227300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 11931
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* Excluded Features
List By
Samson Properties

Broker

elangert@thelangertgroup.com

Email

Affordability Calculator

$33,305
Per Month
90%
10%
0%
Monthly Principal & Interest
$29,908
Monthly Property Taxes
$3,397
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/20/2023$4,500,000 Listed Price

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11931-11941 Tech Road, Silver Spring, MD, 20904 is a Commercial Property for sale at $4,500,000 with 13,500 sqft and a lot size of 1.57. 11931-11941 Tech Road is a studio with 0.0 baths and was built in 1967. The property's zip code is 20904 which is in Silver Spring, MD

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