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Lot/land
  • Price cut: $129K (5/28)
    $550,000

    305 N Frederick Ave, Gaithersburg, MD 20877

    --beds
    --baths
    0.27Acres
    Unimproved Land
    Built in ----
    0.27 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    High traffic countsExcellent visibility
    Excellent and rare opportunity to own a lot in the heart of Gaithersburg's commercial development area. This unique property is located on Frederick Avenue offering excellent visibility and high traffic counts giving the new owner extensive opportunities for free advertising and instant branding. Surrounded by long-established businesses, this property is well-positioned for the fortunate buyer. The lot is almost a third of an acre and according to the City of Gaithersburg already approved for development into Retail, Office, or Storage but can also be amended for other usages. Potential buyers should confirm with the City of Gaithersburg that their particular use is allowed and will work with the current setbacks. It is the sole responsibility of the buyer to determine if their desired use will be acceptable to all governing authorities and the seller makes no representations as to the viability of any particular use. All future development of this lot is subject to the approval of the appropriate City, County, and State Governments. Please feel free to drive by and walk the property at any time. Call Listing agent with any questions. We welcome all Buyer Agents and recognize the valuable role they play in the sales process.
    156 days
    on Zillow
    |
    130
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 28, 2025 at 12:44am

    Listed by:

    Michael Winn 301-467-5553,

    Long & Foster Real Estate, Inc. 301-424-0900

    Source: Bright MLS,MLS#: MDMC2167822MLS Logo
    Travel times

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Street, Trees/Woods
    Lot
    • Size: 0.27 Acres
    • Features: Level, Urban
    Details
    • Parcel number: 160903533483
    • Zoning: CD
    • Zoning description: Commercial Development. Please contact the City of Gaithersburg to confirm allowable uses within this zone.
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Public Hook/Up Avail
    • Water: Public Hook-up Available

    Community & HOA

    Community
    • Subdivision: Realty Park
    HOA
    • Has HOA: No
    Location
    • Region: Gaithersburg
    • Municipality: City of Gaithersburg

    Financial & listing details

    • Tax assessed value: $453,300
    • Annual tax amount: $5,899
    • Date on market: 2/27/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Black Top
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