7998 GEORGIA AVENUE Silver Spring, MD 20910

$6,000,000
7998 GEORGIA AVENUE, Silver Spring, MD 20910
1001511238

Commercial Property for sale in Silver Spring, MD

for $6,000,000. This building was built in 1960 on a lot size of 0.49 Acre(s).

Property Information

  • $6,000,000
  • Commercial
  • 0 Square Feet
  • Other / Unknown
  • Active
  • Lot size of 0.49 Acre(s)
  • Built in 1960
  • Silver Spring, MD
  • Downtown Silver Spring Neighborhood
  • Montgomery County
  • MLS/Web ID is 1001511238

Description

Corner of Georgia Ave and East West Hwy! Gateway location of Downtown Silver Spring. CBD2 Zoning with Residential and Commercial Mixed Use, Max. Heights: 90', FAR 3(FAR 4 for Mixed Use as bonus). Maybe one of the Best visible location in Silver Spring! Subject to 1031 Exchange.

Interior 2

Sewer

  • Public Sewer

Water Source

  • Public Water

Miscellaneous 1

Location

  • Corner Lot

† Excluded Feature

Neighborhood & Schools

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

 See complete school information

Listed By

Listing Agent: Jung S. Moon
Broker: Weichert Realtors
Office: Bethesda

7998 GEORGIA AVENUE, Silver Spring, MD, 20910 is a Commercial Property for sale at $6,000,000 with 0 sqft and a lot size of 0.49 Acre(s). 7998 GEORGIA AVENUE was built in 1960. The property's zip code is 20910 which is in Silver Spring, MD

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Market Pricing

Average % of sale price Median % of sale price
All listings in Silver Spring $471,329 92 % below $425,000 93 % below
Commerical listings in Silver Spring $2,492,825 58 % below $2,300,000 62 % below
Sold listings in Silver Spring $300,454 95 % below $300,000 95 % below

Local Sold History

Address Beds Baths Sqft Sold Price Sold Date Distance (miles)
7923 EASTERN AVE #306
Silver Spring, MD
2 2.00 1094.00 $339,800 7/31/2017 0.11
8045 NEWELL ST #513
Silver Spring, MD
1 1.00 820.00 $274,000 9/18/2017 0.16

Silver Spring, MD
1 1.00 845.00 $280,000 8/30/2017 0.18
1201 EAST WEST HWY #233
Silver Spring, MD
1 1.00 776.00 $299,000 9/8/2017 0.18
1201 EAST WEST HWY #144
Silver Spring, MD
1 1.00 870.00 $320,000 9/8/2017 0.18

Get the facts about Silver Spring, MD!

Population 78,552
Population Growth (since 2000) 14 %
Median Income $75,721
Median Age 36.13
Households w/ Children 27 %

Residential Dwellings

  • Owned 13514
  • Vacant 1970
  • Rented 18274

Similar Listings

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