Silver Spring, MD
Commercial Real Estate Market Trends & Data

Silver Spring's Demographic Profile

Silver Spring has 33,564 households and a median income of $92,755, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 80,584
# Households 33,564
Median age 37
Median household income $92,755
Avg household size 2.0
Renter-occupied housing units 22,307
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Silver Spring, MD

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Nearby Retail Markets Avg Cost/SF Typical Size
Silver Spring $1,592 5,070 SF
Wheaton $292 7,206 SF
Kensington $218 8,934 SF
Takoma Park $1,791 4,915 SF
North Bethesda $218 39,020 SF

Commercial Properties For Sale in Silver Spring

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

12118-12120 Heritage Park Circle

Silver Spring, MD 20906

  • 20,277 SF Office Building
  • $575,900
For Sale

8201 & 8207-8209 Schrider Street

Silver Spring, MD

  • $3,490,000
For Sale

Washington Adventist Medical Center

Takoma Park, MD 20912

  • 48,000 SF Office Building
  • $420,000
For Sale

Washington Adventist Medical Center

Takoma Park, MD 20912

  • 48,000 SF Office Building
  • $295,000
For Sale

Second Avenue Plaza Office Condos

Silver Spring, MD 20910

  • 56,000 SF Office Building
  • $302,170
For Sale

1017 University Blvd E

Silver Spring, MD 20903

  • 3,360 SF Office Building
  • $1,875,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Silver Spring pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Silver Spring $658 10,963 SF
Wheaton $336 12,690 SF
Calverton $145 18,361 SF
Aspen Hill $289 16,262 SF

Regional Demographic Comparison

This comparison places Silver Spring alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Silver Spring or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Silver Spring 80,584 33,564 37 $92,755 2 22,307 -1%
Colesville 15,218 4,808 46 $129,286 3 652 -2%
Wheaton 49,379 15,286 38 $95,829 3 5,889 -2%
Aspen Hill 52,697 17,270 40 $99,185 3 6,005 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Silver Spring, MD and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Silver Spring

View All Commercial Real Estate For Sale in Silver Spring
Is Silver Spring a good market for a first-time commercial real estate investor?

Silver Spring offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Silver Spring?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Silver Spring. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Silver Spring?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Silver Spring. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Silver Spring compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Silver Spring. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Silver Spring acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Silver Spring, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.