523 Dale Dr | Silver Spring, MD 20910
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523 Dale Dr
Silver Spring, MD 20910
Purple Line Metro · Retail Property For Sale
Investment Highlights
- VALUE-ADD OPPORTUNITY - The building has been self managed & leased by owner and provides significant upside
- Ample parking for both retail customers and apartment residents, this asset is conveniently located in an extremely stable neighborhood
- The Silver Spring submarket has experience tremendous rent growth this pas year with Class B/C low-rise apartments
- Located just a stone's throw away from the future Purple Line, which is set to open in 2027, offers convenient access to public transportation
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,744 SF
Building Class
C
Year Built
1938
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.91
Lot Size
0.17 AC
Zoning
CRT - Allow a variety of uses including multiple dwelling unit residential / commercial development.
Parking
15 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 13-01039753 | Improvements Assessment | $686,700 |
| Land Assessment | $553,800 | Total Assessment | $1,240,500 |
PROPERTY TAXES
Parcel Number
13-01039753
Land Assessment
$553,800
Improvements Assessment
$686,700
Total Assessment
$1,240,500
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