Montgomery County · Commercial sale
Commercial property at 3301 Briggs Chaney Rd in Silver Spring sells for $20.5 million
A commercial property at 3301 Briggs Chaney Rd, Silver Spring sold for $20,500,000 on August 20, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $20,500,000
- Sold
- August 20, 2026
- Property type
- Commercial property
- Building area
- 57,749 sq ft
- Price per sq ft
- $355
- Year built
- 2011
The commercial property at 3301 Briggs Chaney Rd in Silver Spring sold for $20,500,000 on August 20, 2026, according to Maryland Department of Assessments and Taxation property records. The price was 34% below the recorded market value of $30,996,900, according to the Assessor's records.
Assessor's records show a 57,749-square-foot building on a 4.98-acre lot. They list a build year of 2011. At that size, the price worked out to $355 per square foot.
The property record lists Cars DB8 LLC as the seller.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Montgomery County?
By our estimate, the seller's two largest charges, not counting prorations, were $228,450 for the recordation tax (Montgomery County) and $102,500 for the county transfer tax (Montgomery County). Who pays what follows Montgomery County custom.
How much did the seller net?
By our estimate, the seller netted about $20,087,324. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $20,899,859 at closing. That covers the full price and closing costs.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 70849-0452. Property details: Montgomery County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
