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12401 Prosperity Dr; Silver Spring, MD Property Details

12401 Prosperity Dr, Silver Spring, MD is a Commercial Office that was built in 2009. This property is currently Financed and is not for sale. Our records show that 12401 Prosperity Dr has a total of 200,098 square feet. The lot size of 12401 Prosperity Dr is 435,600 square feet.

Off market
12401 Prosperity Dr Silver Spring, MD 20904
$19,500,000 Estimated Value
200,098 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2009
  • Purchase Price: $28,829,000
  • Open Loans / Balance: 1 / $25,818,054
  • APN: 05-01999118
  • Situs County: Montgomery
  • Length Of Ownership: 1 year

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: Municipal

Measurements

  • Total: 200,098/SqFt
  • Lot: 435,600/SqFt
  • Gross: 200,098/SqFt
  • Living: 200,098/SqFt
  • Building: 200,098/SqFt
  • Ground: 200,098/SqFt
  • Price Per Square Foot: $144.07

Legal Description

  • Description: MONTGOMERY INDUSTRIA L PARK
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Montgomery County Public Schools
  • Lat / Lon: 39.058544 / -76.96432
  • Subdivision: Bealls Manor
  • Property Class: Office
  • Zoning: CR0.7
  • County Use Code: 600

Amenities

  • Plus Four: 1694
  • Cooling: Central
  • Heating: Yes

Ownership Info

12401 Prosperity Dr has no associated ownership info
12401 Prosperity Dr has no associated ownership info.

Taxes

12401 Prosperity Dr has 10 associated Taxes items

12401 Prosperity Dr, 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 $19,500,000. The APN we've located for 12401 Prosperity Dr is 05-01999118.

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Taxes
  • Assessed Value:  $19,500,000
  • Assessed Year:  2026
  • Assessed County:  Montgomery
  • APN:  05-01999118
  • Assessed Land Value:  7840800
  • Market Land Value:  7840800
  • Tax Amount:  263002.94
  • Tax Year:  2025
  • Market Value:  28197800
  • Market Year:  2026

Tax History

12401 Prosperity Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $22,399,267 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $263,002.94 Change Rate +0.041063% Assessed CR Tax Rate
Year 2024 Assessed Value $19,500,000 Land Value $7,840,800 Improvement Value $11,659,200 Tax Amount $252,629.16 Change Rate -0.014681% Assessed CR Tax Rate +0.012955%
Year 2023 Assessed Value $19,919,633 Land Value Improvement Value Tax Amount $256,393.39 Change Rate +0.059023% Assessed CR Tax Rate +0.012871%
Year 2022 Assessed Value $19,503,900 Land Value $7,840,800 Improvement Value $11,663,100 Tax Amount $242,103.81 Change Rate +0.005371% Assessed CR Tax Rate +0.012413%
Year 2021 Assessed Value $19,502,600 Land Value Improvement Value Tax Amount $240,810.38 Change Rate Assessed CR Tax Rate +0.012348%
Year 2020 Assessed Value $19,501,300 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $33,155,800 Land Value $7,840,800 Improvement Value $25,315,000 Tax Amount $388,548.12 Change Rate +0.060818% Assessed CR Tax Rate +0.011719%
Year 2018 Assessed Value $33,155,800 Land Value $7,840,800 Improvement Value $25,315,000 Tax Amount $366,272.12 Change Rate -0.018115% Assessed CR Tax Rate +0.011047%
Year 2017 Assessed Value $33,155,800 Land Value Improvement Value Tax Amount $373,029.59 Change Rate Assessed CR Tax Rate +0.011251%
Year 2016 Assessed Value $33,761,300 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $29,640,833 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $25,520,367 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $266,759.28 Change Rate Assessed CR Tax Rate