Homes for sale - 11931-11941 TECH RD, Silver Spring, MD 20904

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Tracy Marshall

[email protected] +1(443) 306-7673

$ 4,500,000

Est. payment -/mo

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Under Contract

11931-11941 TECH RD Silver Spring, MD 20904

27,220 SqFt

UPDATED:

10/15/2024 03:47 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

Square Footage 27,220 sqft

Price per Sqft $165

MLS Listing ID MDMC2111030

Originating Board BRIGHT

Year Built 1967

Annual Tax Amount $41,903

Tax Year 2024

Lot Size 1.565 Acres

Acres 1.57

Property Description

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.

Location

State MD

County Montgomery

Zoning CR0.7

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Flooring Concrete

Inclusions All fixtures not belonging to the tenants.

Heat Source Natural Gas

Exterior

Garage Spaces 60.0

Water Access N

Roof Type Unknown

Accessibility None

Total Parking Spaces 60

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Montgomery County Public Schools

Others

Tax ID 160500259955

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Evan Keith Langert • Samson Properties

Tracy Marshall

License ID: 678268

+1(443) 306-7673

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