12501 Prosperity Dr, Silver Spring, MD 20904 Property Records

Montgomery County property record for 12501 Prosperity Dr, Silver Spring, MD 20904 · Last verified August 2026

Property Summary

Property TypeCommercial Office
Details73,065 sqft · built 1987
Lot Size3 acres (130,886 sqft)
OwnerCompany Name on File
Last Sale$15,900,000 (Oct 2019)
Tax Bill$104,487 (2025)
Deeds & MortgagesOct 2019 Sale & Construction Loan
Flood ZoneZone X (minimal risk)
APN05-02543750

Property Details

APN / Parcel Number

Primary APN05-02543750
Alternative APN
  • 02543750

Interior

Units69 Units
Stories4 Stories
Building Area73,065 sqft Gross Area
1st Floor Area73,065 sqft
Fire SprinklersFire Sprinklers
ElevatorElevator

Exterior

Year BuiltBuilt 1987
Effective Year BuiltEffective 1987
Construction TypeBrick
Fire ResistanceFireproof Steel Frame
Lot Area130,886 sqft
View / LotCommercial/Industrial

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHVAC
SewerMunicipal

Location & Zoning

Account Number02543750
Street Address12501 PROSPERITY DR
CitySILVER SPRING
StateMD
Zip20904-1689
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Legal DescriptionMONTGOMERY INDUSTRIAL PARK
Legal SubdivisionBEALLS MANOR
Legal Block2
Legal Lot Number24
JurisdictionMONTGOMERY MD
Township / Civil Division5
Census Block Group2
Census Block2000
Census Tract701425

Owner

Source: Montgomery County records · APN 05-02543750

Assessment roll updated August 17, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address7519 STANDISH PL, 300, DERWOOD, MD 20855-7715
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleOct 15, 2019 · Amount on Record
Deed SaleOct 15, 2019 · Amount on Record
Prior SaleJul 21, 2006 · Amount on Record
Deed Book / Page58307 / 350
Last Transfer DateOct 22, 2024
Transfer Doc0685450238
Record UpdatedSep 20, 2026

October 2019: Special Warranty Deed, Construction Loan

Document TypeSpecial Warranty Deed
JurisdictionMONTGOMERY MD
Recording DateOct 15, 2019
Property Address12501 PROSPERITY DR, SILVER SPRING, MD 20904-1689
Document Number0583070350
Book / Page58307 / 350
Map ReferenceMB 134 PL 15524
Instrument DateOct 08, 2019
Transaction TypeConstruction Loan
Record UpdatedAug 11, 2022
Title CompanyTERRA NOVA TTL & SETMNT SVCS

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0058307361
DateOct 15, 2019
Instrument58307/361
Lender
NameCITIZENS BANK NA
TypeBank
Agreement
TypeConstruction Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Montgomery County records · Assessment roll updated August 17, 2026 · Last verified August 2026

Property Jurisdictions

TypeName
StateMaryland
CountyMontgomery County
Unified School DistrictMontgomery County Public Schools (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2026$7,659,233 (-3.05%)$7,923,300 (+0.29%) Land $2,355,900 Building $5,567,400
2025$104,487.00 (+2.36%)$7,900,000 (+25.2%) Land $2,355,900 Building $5,544,100$7,900,000 (-18.8%) Land $2,355,900 Building $5,544,100
2024$102,076.00 (+69.76%)
2023$6,309,800$9,729,400 Land $2,355,900 Building $7,373,500
2022$60,130.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Montgomery County (24031C), updated April 12, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on Prosperity Dr

Nearby Streets

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