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10400-10410 Lorain Ave 0.8 Acres of Commercial Land Offered at $3,053,452 CAD in Silver Spring, MD 20901
Investment Highlights
- Two (2) adjacent parcels totaling 0.8 acres improved by two (2) residential buildings
- Daycare, educational, residential care facility or medical uses permitted per R-60 zoning
- Can be sold separately or together
- Opportunity for developer to join the properties for townhouse or multi-unit living
- Highly affluent demographics in surrounding area
Executive Summary
10400–10410 Lorain Avenue presents a 0.84 AC ± redevelopment opportunity in Silver Spring, Maryland, with two adjacent residential properties available for sale together or separately. The R-60 zoned site offers redevelopment potential for townhouse or multi-unit residential projects, along with a variety of permitted residential care, daycare, educational, and medical uses. Ideally located with potential visibility from Route 29 and convenient access to I-95, I-495, and Downtown Silver Spring, this offering combines flexibility with an exceptional Montgomery County location.
Type Medical, Multi-Family, Specialty
Property Status Sale
Lot Size 0.84 Acres ± (2 Parcels)
10400 Lorain Ave 4,954 SF ± (2 Stories)
$1,350,000
10410 Lorain Ave 1,270 SF ± (1 Story)
$800,000
Zoning R-60
Type Medical, Multi-Family, Specialty
Property Status Sale
Lot Size 0.84 Acres ± (2 Parcels)
10400 Lorain Ave 4,954 SF ± (2 Stories)
$1,350,000
10410 Lorain Ave 1,270 SF ± (1 Story)
$800,000
Zoning R-60
Property Facts
| Price | $3,053,452 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.84 AC |
| Zoning | R-60 | ||
| Price | $3,053,452 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.84 AC |
| Zoning | R-60 |
1 Lot Available
Lot
| Price | $3,053,452 CAD | Lot Size | 0.80 AC |
| Price Per AC | $3,816,814.39 CAD |
| Price | $3,053,452 CAD |
| Price Per AC | $3,816,814.39 CAD |
| Lot Size | 0.80 AC |
Description
10400–10410 Lorain Avenue presents a 0.84 AC ± redevelopment opportunity in Silver Spring, Maryland, with two adjacent residential properties available for sale together or separately. The R-60 zoned site offers redevelopment potential for townhouse or multi-unit residential projects, along with a variety of permitted residential care, daycare, educational, and medical uses. Ideally located with potential visibility from Route 29 and convenient access to I-95, I-495, and Downtown Silver Spring, this offering combines flexibility with an exceptional Montgomery County location.
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $301,500 CAD | |
| Land Assessment | $409,767 CAD | Total Assessment | $2,038,512 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$409,767 CAD
Improvements Assessment
$301,500 CAD
Total Assessment
$2,038,512 CAD
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10400-10410 Lorain Ave
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