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    5812 Dimes Rd Rockville, MD 20855

    Sponsored
    For Sale
    $340,000

    LAND - ROCKVILLE, MD

    Lot size:
    1.37 Acres
    Days on Market:
    155
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 5812 Dimes Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.37 Acres

    RE/MAX Realty Centre, Inc. (301) 774-5900 [email protected]

    Listing agent Carol Hyndman (301) 774-5900 License #655427

    Listing date Aug 4, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Lot in Derwood

    This 1.3670 acre lot is located in Derwood, MD. Situated on a quiet, tree-lined street, the spacious parcel offers a peaceful setting with mature surroundings. The property is located minutes from Olney and Rockville, providing convenient access to shopping, dining, and commuter routes. Lake Needwood and Lake Frank are located nearby, offering opportunities for hiking, picnics, kayak rentals, pedal boats, pontoon tours, and fishing with a permit. The property is being sold "AS IS". Buyers and agents are advised to conduct their own due diligence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Auto Parts Store Kitchen & Bath Daycare Center Cafe & Coffee Shop Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockville
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.11861
    Latitude
    39.11006

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    FAQs

    What type of property is this?
    Land - 1.37 acre lot near Olney and Rockville.
    Where is this land located?
    The property is located at 5812 Dimes Rd Rockville, MD.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: - 1.367 acre lot; - Close proximity to Olney and Rockville; - Minutes from shopping, dining, and commuter routes
    (301) 525-7886
    Request Owner's contact information
    5812 Dimes Rd Rockville, MD 20855
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    Rockville, MD 20855
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5812 Dimes Rd Rockville, MD 20855
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