Taxes
- Assessed Value: $7,900,000
- Assessed Year: 2026
- Assessed County: Montgomery
- APN: 05-02543750
- Assessed Land Value: 2355900
- Market Land Value: 2355900
- Tax Amount: 104487.77
- Tax Year: 2025
- Market Value: 7923300
- Market Year: 2026
12501 Prosperity Dr; Silver Spring, MD Property Details
Off market
12501 Prosperity Dr Silver Spring, MD 20904
$7,900,000 Estimated Value
73,065 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1987
- Purchase Price: $15,900,000
- Open Loans: 1
- APN: 05-02543750
- Situs County: Montgomery
- Length Of Ownership: 6 years, 7 months
Structure
- Building Style: Brick
- Stories: 4
- Building Condition: Average
- Building Quality: C
- Sewer Type: Municipal
Measurements
- Total: 73,065/SqFt
- Lot: 130,886/SqFt
- Gross: 73,065/SqFt
- Living: 73,065/SqFt
- Building: 73,065/SqFt
- Ground: 73,065/SqFt
- Price Per Square Foot: $217.61
Legal Description
- Description: MONTGOMERY INDUSTRIAL 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: 39.05974 / -76.963585
- Subdivision: Bealls Manor
- Property Class: Office
- Zoning: CR0.7
- County Use Code: 600
Amenities
- Plus Four: 1689
- Cooling: Central
- Heating: Yes
Ownership Info
12501 Prosperity Dr has no associated ownership info
12501 Prosperity Dr has no associated ownership info.
Taxes
12501 Prosperity Dr has 10 associated Taxes items
12501 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 $7,900,000. The APN we've located for 12501 Prosperity Dr is 05-02543750.
Unlock the full reportTax History
12501 Prosperity Dr 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 $7,659,233 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $104,487.77 | Change Rate +0.023618% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $8,019,600 | Land Value | Improvement Value | Tax Amount $102,076.94 | Change Rate +0.244247% | Assessed CR | Tax Rate +0.012728% |
| Year 2023 | Assessed Value $6,309,800 | Land Value | Improvement Value | Tax Amount $82,039.14 | Change Rate +0.364355% | Assessed CR | Tax Rate +0.013002% |
| Year 2022 | Assessed Value $4,600,000 | Land Value $2,355,900 | Improvement Value $2,244,100 | Tax Amount $60,130.34 | Change Rate -0.496498% | Assessed CR | Tax Rate +0.013072% |
| Year 2021 | Assessed Value $4,600,000 | Land Value $2,355,900 | Improvement Value $2,244,100 | Tax Amount $119,424.32 | Change Rate -0.075714% | Assessed CR | Tax Rate +0.025962% |
| Year 2020 | Assessed Value $5,084,400 | Land Value $2,355,900 | Improvement Value $2,728,500 | Tax Amount $129,207.16 | Change Rate -0.203136% | Assessed CR | Tax Rate +0.025412% |
| Year 2019 | Assessed Value $6,600,000 | Land Value $2,355,900 | Improvement Value $4,244,100 | Tax Amount $162,144.62 | Change Rate +1.223895% | Assessed CR | Tax Rate +0.024567% |
| Year 2018 | Assessed Value $6,600,000 | Land Value $2,355,900 | Improvement Value $4,244,100 | Tax Amount $72,910.2 | Change Rate -0.01875% | Assessed CR | Tax Rate +0.011047% |
| Year 2017 | Assessed Value $6,600,000 | Land Value | Improvement Value | Tax Amount $74,303.4 | Change Rate | Assessed CR | Tax Rate +0.011258% |
| Year 2016 | Assessed Value $8,800,000 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $8,200,000 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $9,063,533 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $105,737.97 | Change Rate | Assessed CR | Tax Rate |