8901 New Hampshire Ave 130,000 SF Specialty Building Offered at $28,000,000 in Silver Spring, MD 20903
INVESTMENT HIGHLIGHTS
- Strategically located along New Hampshire Avenue (MD Route 650), approximately one half mile south of the Capital Beltway (I-495)
- Within 15 minutes of landmarks such as the University of Maryland, College Park, the U.S. Food & Drug Administration, Washington Adventist University
- Quick and easy access to the nearby Takoma/Langley Crossroads Transit Center
EXECUTIVE SUMMARY
8901 New Hampshire is a unique 130,000 square foot structure designed by award-winning architect James T. Canizaro that previously operated as a religious seminary for Trinity Missions (consisting of a chapel, school (with auditorium), dormitories, faculty/service building, and recreational courts in the rear. This is an exceptional opportunity to accommodate large scale medical, rehabilitation, institutional, educational and/or community living on a private, bucolic campus.
PROPERTY FACTS
| Price | $28,000,000 |
| Price Per SF | $215.38 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 39.25 AC |
| Building Size | 130,000 SF |
| No. Stories | 3 |
| Year Built | 1929 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | R-R - Rural Residential |
PROPERTY TAXES
| Parcel Number | 17-1921121 | Improvements Assessment | $37,580,600 |
| Land Assessment | $1,763,400 | Total Assessment | $39,344,000 |
