Building is in the active and very hot Tech Road corridor of Silver Spring, Maryland. There's a 7 million sq. ft. pending mixed use project nearby called Viva White Oak, which is slated to be life sciences, retail, and luxury residences. Also, the 7th Day Adventist Hospital is a few blocks away, and the new Amazon Fresh shopping center is one block away. The building is 1/2 mile from Chik-Fil-A, Panera, IHOP, TGI Fridays, Five Guys, etc., and is a block from the Silver Spring MVA and emissions test center. Tesla recently opened a facility close by, and there are almost 8 acres presently under construction nearby with luxury condos. The building is office space on the vacant second floor. Half of the second floor was most recently occupied by Eagle Bank, and the other half was most recently occupied by a limousine company. The bottom floor is completely leased to Hoffmaster's Auto Repair, a florist, and a printer.
The median home value in Silver Spring, MD is $419,600. This is lower than the county median home value of $556,100. The national median home value is $338,100. The average price of homes sold in Silver Spring, MD is $419,600. Approximately 44.2% of Silver Spring homes are owned, compared to 50.1% rented, while 5.7% are vacant. Silver Spring real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Silver Spring real estate agent to arrange a tour today!
Silver Spring, Maryland 20904 has a population of 25,324. Silver Spring 20904 is less family-centric than the surrounding county with 30.14% of the households containing married families with children. The county average for households married with children is 37.16%.
The median household income in Silver Spring, Maryland 20904 is $85,565. The median household income for the surrounding county is $117,345 compared to the national median of $69,021. The median age of people living in Silver Spring 20904 is 36.3 years.
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 24.6 degrees. The average rainfall is approximately 44.2 inches per year, with 14.5 inches of snow per year.