12121 Heritage ParkSilver Spring, MD 20906

  • Office properties
  • 875 SF
Off market
$264,627 Estimated

Property Details for 12121 Heritage Park

Lot size
0.05 AC
Property size (Sq ft)
875 SF
Zone code
CT
Property type
Office properties
Property subtype
Other office properties
APN
13-02475906
APU
1302475906

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $197,286
    6.5%
    $182,110
    7%
    $169,102
  • Comparable approach

    Method
    Valuation
    Relative Method
    $91,841
    Geo Method
    $146,134
  • Alternative Use

    Use
    Valuation
    Residential
    $225,816
    Hospitality
    $206,847
    Educational
    $172,094
    Medical
    $178,013
    Retail
    $267,702
12121 Heritage Park, Silver Spring, Maryland

Location Insight

City
Silver Spring
County
Montgomery
State
Maryland
Latitude
39.0555
Longitude
-77.0802
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $153,100
  • Assessed land value
    $65,600
  • Assessed value
    $218,700
  • Tax year
    2022
  • Tax bill
    $2,611

FAQs

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