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Montgomery County Agricultural Reserve Farm
For Sale
$2,000,000

12420 Prices Distillery Rd, Damascus, MD 20872

77+/- acre farm with development potential near I-270.

Property Size1,472 SF
Lot Size77.00 Acres
Price / SF$1,358
Days on Market233

Property Features for 12420 Prices Distillery Rd

General Information

Standard status Active
Size 1,472 SF
Lot size 77.00 Acres
Property subtype Farm/Ranch

Building Details

Year Built 1925
Listing Agency: Charles H. Jamison, LLC
Listed By: Charles D Jamison · License #651314
Source: Themelaninteam
Added: Mar 5 Changed: Oct 17 Last Checked: Oct 7 at 5:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charles H. Jamison, LLC

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Investment Insights

Based on property information with market context.

This property features a 77+/- acre farm situated in the heart of Montgomery County's Agricultural Reserve. The site includes a farmhouse. Percolation testing has been conducted on the property, exploring the potential for an additional house. The land comprises open fields and forested areas, offering significant potential. Its location provides convenient commuting options, with close proximity to I-270 and major airports.

Key Highlights

  • 77+/- acre farm in Montgomery County's Agricultural Reserve.
  • Great commuting location, close to I‑270 and major airports.
  • Percolation testing completed for an additional house.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Farms

Suggested Use

Top Pick Parking Lot & Garage Dental Office Butcher Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 20872, MD

13,349
Population
4,850
Households
2.8
Avg Household Size
39
Median Age
47%
College-Educated
93%
High-School Grad
19.9 sq mi
ZIP Area
671
Density / Sq Mi
$132,804
Median Household Income
$61,547
Median Earnings
$1,675
Median Rent
$478,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Farm - 77+/- acre farm with development potential near I-270.
Where is this farm located?
The property is located at 12420 Prices Distillery Rd Damascus, MD.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 77+/- acre farm in Montgomery County's Agricultural Reserve.; Great commuting location, close to I‑270 and major airports.; Percolation testing completed for an additional house.
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