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5612 Spruce Tree Ave 5,797 SF 100% Leased Office Building Bethesda, MD 20814 $3,200,000 ($552.01/SF)


Investment Highlights
- Prominent exposure.
- Interior space extremely functional.
- Unbeatable parking and just .5 miles to Capital Beltway.
Executive Summary
6,000+/- square foot medical office building on contiguous lots (5612 Spruce Tree Avenue and 9313 Old Georgetown Road) totaling approximately 38,238 square feet zoned R-60 Single-Family Residential with Special Exception Permitting Professional Office Building.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,797 SF
Building Class
B
Year Built/Renovated
1937/1987
Price
$3,200,000
Price Per SF
$552.01
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
2,898 SF
Slab To Slab
9’
Building FAR
0.22
Lot Size
0.59 AC
Zoning
R-60 - Zoned R-60 - Single-Family Residential with Special Exception Permitting Professional Office Building.
Parking
40 Spaces (6.9 Spaces per 1,000 SF Leased)
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Property Taxes
| Parcel Number | 07-02232582 | Improvements Assessment | $1,389,600 |
| Land Assessment | $850,900 | Total Assessment | $2,240,500 |
Property Taxes
Parcel Number
07-02232582
Land Assessment
$850,900
Improvements Assessment
$1,389,600
Total Assessment
$2,240,500
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5612 Spruce Tree Ave
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