12520 Prosperity Dr, Silver Spring, MD 20904 Property Records

Montgomery County property record for 12520 Prosperity Dr, Silver Spring, MD 20904

Property Summary

Property Type	Commercial Office
Details	51,024 sqft · built 1985
Lot Size	3.02 acres (131,700 sqft)
Owner	Company Name on File
Last Sale	$15,900,000 (Oct 2019)
Tax Bill	$90,231 (2025)
Deeds & Mortgages	Oct 2019 Sale & Construction Loan
Flood Zone	Zone X (minimal risk)
APN	`05-02310003`

Property Details

APN / Parcel Number

Primary APN	`05-02310003`
Alternative APN	`02310003`

Interior

Units	35 Units
Stories	3 Stories
Building Area	51,024 sqft Gross Area
1st Floor Area	51,024 sqft
Fire Sprinklers	Fire Sprinklers
Elevator	Elevator

Exterior

Year Built	Built 1985
Effective Year Built	Effective 1985
Construction Type	Brick
Fire Resistance	Fireproof Steel Frame
Lot Area	131,700 sqft
View / Lot	Commercial/Industrial

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Sewer	Municipal

Location & Zoning

Account Number	02310003
Street Address	12520 PROSPERITY DR
City	SILVER SPRING
State	MD
Zip	20904-1664
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Local Zoning Code	CR0.7
Legal Description	MONTG IND PARK-THE MEADOWS #2
Legal Subdivision	BEALLS MANOR
Legal Block	2
Legal Lot Number	P23
Jurisdiction	MONTGOMERY MD
Township / Civil Division	5
Census Block Group	2
Census Block	2001
Census Tract	701425

Owner

Source: Montgomery County records · APN 05-02310003

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 Record	Company Name on File
Mailing Address	7519 STANDISH PL, 300, DERWOOD, MD 20855-7715
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Oct 15, 2019 · Amount on Record
Deed Sale	Oct 15, 2019 · Amount on Record
Prior Sale	Jul 21, 2006 · Amount on Record
Deed Book / Page	58307 / 350
Last Transfer Date	Oct 22, 2024
Transfer Doc	0685450238
Record Updated	Sep 20, 2026

October 2019: Special Warranty Deed, Construction Loan

Document Type	Special Warranty Deed
Jurisdiction	MONTGOMERY MD
Recording Date	Oct 15, 2019
Property Address	12520 PROSPERITY DR, SILVER SPRING, MD 20904-1664
Document Number	0583070350
Book / Page	58307 / 350
Map Reference	MB 122 PL 14335
Instrument Date	Oct 08, 2019
Transaction Type	Construction Loan
Record Updated	Aug 11, 2022
Title Company	TERRA NOVA TTL & SETMNT SVCS

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0058307361
Date	Oct 15, 2019
Instrument	58307/361

Lender

Name	CITIZENS BANK NA
Type	Bank

Agreement

Type	Construction Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Maryland
County	Montgomery County
Unified School District	Montgomery 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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$7,361,933 (+6.64%)	$8,278,800 (+19.92%) Land $2,370,600 Building $5,908,200
2025	$90,231.00 (+3.63%)	$6,903,500 (+1.05%) Land $2,370,600 Building $4,532,900	$6,903,500 (-) Land $2,370,600 Building $4,532,900
2024	$87,067.00 (+5.43%)
2023		$6,831,767	$6,903,500 Land $2,370,600 Building $4,532,900
2022	$82,585.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of April 12, 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Wildfire

Wildfire Risk	Low lower than 99.1% of the US · lower than 98.5% of Maryland
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

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

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

Provider	Max Down / Up (Mbps)
Verizon Fiber · Fixed Wireless in parts of the area	2,300 / 2,300
Xfinity Cable	2,000 / 2,000
T-Mobile USA Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

Based on FCC filings for 121 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water System	WASHINGTON SUBURBAN SANITARY COMMISSION serves 1,900,000 people
Water Source	Surface water
Last State Inspection	May 2025
Lead	Under 1 ppb (2018–2020) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.