1398 LambertonSilver Spring, MD 20902

  • Office properties
  • 13,352 SF
Off market
$3,982,271 Estimated

Property Details for 1398 Lamberton

Year built
1986
Construction
STEEL FRAME
Lot size
0.79 AC
Property size (Sq ft)
13,352 SF
Zone code
NR0.7
Property type
Office properties
Property subtype
Office buildings
APN
13-03501501
APU
1303501501

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,827,473
    6.5%
    $2,609,975
    7%
    $2,423,548
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,011,476
    Geo Method
    $2,229,918
  • Alternative Use

    Use
    Valuation
    Residential
    $3,236,369
    Hospitality
    $2,964,496
    Educational
    $2,466,426
    Medical
    $2,551,250
    Retail
    $3,836,663
1398 Lamberton, Silver Spring, Maryland

Location Insight

City
Silver Spring
County
Montgomery
State
Maryland
Latitude
39.0399
Longitude
-77.0318
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $3,291,133
  • Tax year
    2022
  • Tax bill
    $1,608

FAQs

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