12063 Tech Rd, Silver Spring — tax account 160502758803

Commercial condominium, 4,970 ft² on 0.30 acres in Silver Spring, Montgomery County, assessed at $770,300; last transfer March 19, 2026 for $1,050,000.

From the State Department of Assessments and Taxation file as published by the Maryland Department of Planning (MD iMAP) — not the official record. Open the official SDAT record.

Account

Tax account number	160502758803
Map, grid, parcel	Map KQ12 · Lot 34
Location	12063 Tech Rd, Silver Spring MD 20904
Jurisdiction	Montgomery County
Subdivision	Montgomery Industrial Park [CN]

Land

Land use	Commercial Condominium (CC)
Zoning	I1
Acreage	0.305 acres (13,286 ft²)

Structure

Above-grade area	4,970 ft²
Style	OTHER Building Per Unit
Building type	OTHER Building Per Unit

Assessment — September 2025

Land	$231,000
Improvements	$539,300
Total	$770,300

Last transfer

Date	March 19, 2026
Consideration	$1,050,000
Deed reference	liber 46637, folio 0107

What this means

Maryland reassesses each property every three years; increases are phased in over the following three years, and the Homestead Tax Credit caps the yearly increase on a principal residence.
Assessed 154% above the median commercial condominium account in Montgomery County ($303,300, 3,874 accounts).
The last transfer price is 36% above the current assessment.

Parcel point of the Maryland Department of Planning — not a survey.

Data: Maryland Department of Planning / SDAT, MD iMAP Parcel Points, retrieved November 1, 2026. Sources and freshness. No owner names or mailing addresses are published.

First page of a sample Maryland Property Report

The report for account 160502758803

This page shows the assessment record. The report adds what lies around the property: FEMA flood zone, Critical Area designation, wetlands, contaminated land sites nearby and historic properties.

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