Montgomery County · Commercial sale
Office building at 8401 Colesville Rd in Silver Spring sells for $35 million
An office building at 8401 Colesville Rd, Silver Spring sold for $35,000,000 on July 13, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $35,000,000
- Sold
- July 13, 2026
- Property type
- Office building
- Building area
- 756,363 sq ft
- Price per sq ft
- $46
- Year built
- 1986
An office building at 8401 Colesville Rd in Silver Spring sold for $35,000,000 on July 13, 2026—50% below its $70,000,000 market value on record, according to the Maryland Department of Assessments and Taxation's property records.
Silver SM CO LLC sold the 756,363-square-foot building, which works out to $46 per square foot. The Assessor's records show the structure was built in 1986 and sits on a 2.66-acre lot.
The sale price represents a significant markdown from the assessed value, suggesting a distressed transaction or shift in the office market.
What this sale costs to close
What does closing cost at this price? Under Montgomery County custom the seller's larger charges are $393,025 for the recordation tax (Montgomery County) and $175,000 for the county transfer tax (Montgomery County). The seller's estimated net is $34,698,486 before brokerage commissions and any loan payoff. A cash buyer would need about $36,090,296 at closing.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 70715-0177. 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.
