804 Pershing DrSilver Spring, MD 20910

Property Details for 804 Pershing Dr

Year built

2007

Property size (Sq ft)

20 SF

Zone code

CBD05

Property type

Commercial real estate

APN

13-03598796

APU

1303598796

Description

This 1,875 square foot medical office space is located at 804 Pershing Dr in Silver Spring, MD, 20910 within a larger 32,000 square foot, 14-year-old, renovated office condominium building. The unit is currently vacant and in move-in condition, featuring recently repainted walls and new carpeting. Amenities include shared kitchenette access, men's and women's restrooms, and a water fountain on each floor. Mailboxes are conveniently located on the lower level. The building is handicapped accessible, offering access via an exterior ramp on Pershing Drive, a large building elevator, or a stairway entrance on Cedar Street. The main entrance is accessible via key code outside of normal business hours. This single-tenant space is ideal for a medical practice seeking a modern, well-appointed office in Montgomery County. Floor plans are available upon request. The property is part of a larger office condominium project.

• CAP approach

  CAP return

  Valuation

  6%

  $4,799.98

  6.5%

  $4,430.75

  7%

  $4,114.27

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,515.09

  Geo Method

  $3,340.20

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,779.14

  Retail / Commercial

  $4,490.94

  Mixed-Use / Specialty

  $4,466.29

  Hospitality / Lodging

  $3,265.52

  Office

  $4,430.75

  Institutional / Educational

  $4,640.05

  Residential Income

  $5,428.86

  Multifamily

  $6,558.98

  Automotive / Energy

  $3,977.19

  Parking / Income-Based Land

  $1,381.01

  Restaurant / Food Service

  $2,304.51

  Healthcare / Senior Housing

  $4,588.95

Location Insight

City

Silver Spring

County

Montgomery

State

Maryland

Latitude

38.9977

Longitude

-77.023

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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