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12028 Cherry Hill Rd; Silver Spring, MD Property Details

12028 Cherry Hill Rd, Silver Spring, MD is a Grocery, Supermarket that was built in 1999. This property is currently Financed and is not for sale. Our records show that 12028 Cherry Hill Rd has a total of 65,750 square feet. The lot size of 12028 Cherry Hill Rd is 240,410 square feet.

Off market
12028 Cherry Hill Rd Silver Spring, MD 20904
$26,105,500 Estimated Value
65,750 SqFt
Property 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.

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Taxes
  • 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

Tax History

12028 Cherry Hill Rd has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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