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    725 Progress Way Gaithersburg, MD

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    For Lease
    Contact for pricing

    Retail spaces available on Route 355 in Gaithersburg, MD.

    Property size:
    10,125 SF
    Lot size:
    44.16 Acres

    Property Features for 725 Progress Way

    General Information

    Size
    10,125 SF
    Lot size
    44.16 Acres

    Source: KLNB - Baltimore Agent M. John Meyer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Route 355

    Ground lease and small shop building leases are available at this location in Gaithersburg, Maryland. A pad opportunity and small shop space are available directly on Route 355. The property is located directly off of I-270, fronting Route 355, at a signalized intersection with direct access to Route 355. It is situated just south of the new Watkins Mill interchange at I-270. The site plan is approved. The property size is 10125 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gaithersburg
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.2013705
    Latitude
    39.1434406

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    FAQs

    What type of property is this?
    Strip mall - Retail spaces available on Route 355 in Gaithersburg, MD.
    Where is this strip mall located?
    The property is located at 725 Progress Way Gaithersburg, MD.
    What are key features of this property?
    This property features: - Pad opportunity and small shop space directly on RT 355; - Located directly off of I-270 fronting RT 355; - Signalized intersection with direct access to RT 355
    (410) 321-0100
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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
    725 Progress Way Gaithersburg, MD
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