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820 Silver Spring Ave 1.02 Acres of Commercial Land Offered at $6,500,000 in Silver Spring, MD 20910
Investment Highlights
- Zoned for mixed-use or multifamily redevelopment
- Strong demographics and dense surrounding residential base
- Highly walkable location (Walk Score 95+) near Metro & amenities
- Positioned in rapidly evolving urban corridor with ongoing investment
Executive Summary
Can be redeveloped into 138 residential units.
Property Facts
| Price | $6,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 1.02 AC |
| No. Lots | 1 | No. Stories | 3 |
| Zoning | CR1.5 | ||
| Price | $6,500,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.02 AC |
| No. Stories | 3 |
| Zoning | CR1.5 |
1 Lot Available
Lot
| Price | $6,500,000 | Lot Size | 1.02 AC |
| Price Per AC | $6,372,549.02 |
| Price | $6,500,000 |
| Price Per AC | $6,372,549.02 |
| Lot Size | 1.02 AC |
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Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 13-03770242 | Improvements Assessment | $52,600 |
| Land Assessment | $5,958,900 | Total Assessment | $6,011,500 |
Property Taxes
Parcel Number
13-03770242
Land Assessment
$5,958,900
Improvements Assessment
$52,600
Total Assessment
$6,011,500
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