Montgomery County · Commercial sale
Office building at 912 Thayer Ave in Silver Spring sells for $3.8 million
An office building at 912 Thayer Ave, Silver Spring sold for $3,800,000 on August 7, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $3,800,000
- Sold
- August 7, 2026
- Property type
- Office building
- Building area
- 18,753 sq ft
- Price per sq ft
- $203
- Year built
- 1960
The $3,800,000 sale of an office building at 912 Thayer Ave in Silver Spring was 12% below its recorded market value of $4,322,000, according to the Maryland Department of Assessments and Taxation's property records. The sale closed on August 7, 2026.
The record lists Grandesign Building LLC as the seller.
Assessor's records show 18,753 square feet of building area, a 1960 construction date and a 6,411-square-foot lot. At that size, the price works out to $203 per square foot.
What this sale costs to close
What does closing cost at this price? Under Montgomery County custom the seller's larger charges are $38,905 for the recordation tax (Montgomery County) and $19,000 for the county transfer tax (Montgomery County). The seller's estimated net is $3,767,941 before brokerage commissions and any loan payoff. A cash buyer would need about $3,913,311 at closing.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 70807-0337. 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.
