- Assessed Value: $26,105,500
- Assessed Year: 2026
- Assessed County: Montgomery
- APN: 05-03206167
- Assessed Land Value: 4320200
- Market Land Value: 4320200
- Tax Amount: 396113.75
- Tax Year: 2025
- Market Value: 26105500
- Market Year: 2026
12028 Cherry Hill Rd; Silver Spring, MD Property Details
Off market
12028 Cherry Hill Rd Silver Spring, MD 20904
$26,105,500 Estimated Value
65,750 SqFt
Property Type
Grocery, SupermarketProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1999
- Purchase Price: $28,325,000
- Open Loans / Balance: 1 / $8,780,756
- APN: 05-03206167
- Situs County: Montgomery
- Length Of Ownership: 4 years, 2 months
Structure
- Building Style: Brick
- Stories: 1
- Building Condition: Excellent
- Building Quality: D
- Pool Type: Yes
- Sewer Type: Municipal
Measurements
- Total: 65,750/SqFt
- Lot: 240,410/SqFt
- Gross: 65,750/SqFt
- Living: 65,750/SqFt
- Building: 65,750/SqFt
- Ground: 65,750/SqFt
- Price Per Square Foot: $430.80
Legal Description
- Description: PAR VVV WESTFARM TECHNOLOGY PARK
Building Insights
Land Information
- Property Type: Grocery, Supermarket
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Montgomery County Public Schools
- Lat / Lon: 39.054855 / -76.95653
- Subdivision: Bealls Manor
- Property Class: Commercial
- Zoning: CR0.7
- County Use Code: 541
Amenities
- Pool: true
- Plus Four: 1985
- Cooling: Packaged Unit
- Heating: Yes
Ownership Info
12028 Cherry Hill Rd has no associated ownership info
12028 Cherry Hill Rd has no associated ownership info.
Taxes
12028 Cherry Hill Rd has 10 associated Taxes items
12028 Cherry Hill Rd, Silver Spring, MD pays taxes in Montgomery County, MD. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $26,105,500. The APN we've located for 12028 Cherry Hill Rd is 05-03206167.
Unlock the full reportTaxes
Tax History
12028 Cherry Hill Rd has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $26,105,500 | Land Value $4,320,200 | Improvement Value $21,785,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $396,113.75 | Change Rate +0.233329% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $23,709,267 | Land Value | Improvement Value | Tax Amount $321,174.56 | Change Rate +0.174399% | Assessed CR | Tax Rate +0.013546% |
| Year 2023 | Assessed Value $19,639,633 | Land Value | Improvement Value | Tax Amount $273,479.84 | Change Rate +0.239172% | Assessed CR | Tax Rate +0.013925% |
| Year 2022 | Assessed Value $15,570,000 | Land Value $4,320,200 | Improvement Value $11,249,800 | Tax Amount $220,695.59 | Change Rate +0.016576% | Assessed CR | Tax Rate +0.014174% |
| Year 2021 | Assessed Value $15,408,800 | Land Value | Improvement Value | Tax Amount $217,096.94 | Change Rate +0.020026% | Assessed CR | Tax Rate +0.014089% |
| Year 2020 | Assessed Value $15,247,600 | Land Value | Improvement Value | Tax Amount $212,834.64 | Change Rate +0.013667% | Assessed CR | Tax Rate +0.013959% |
| Year 2019 | Assessed Value $15,086,400 | Land Value $4,320,200 | Improvement Value $10,766,200 | Tax Amount $209,965.02 | Change Rate +0.298854% | Assessed CR | Tax Rate +0.013918% |
| Year 2018 | Assessed Value $14,633,300 | Land Value | Improvement Value | Tax Amount $161,654.06 | Change Rate +0.013041% | Assessed CR | Tax Rate +0.011047% |
| Year 2017 | Assessed Value $14,180,200 | Land Value | Improvement Value | Tax Amount $159,573.06 | Change Rate | Assessed CR | Tax Rate +0.011253% |
| Year 2016 | Assessed Value $13,727,100 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $12,163,867 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $10,600,633 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $127,132.81 | Change Rate | Assessed CR | Tax Rate |