13-15 E DEER PARK E Gaithersburg, MD 20877
New
- Added:
- Apr 24, 2026
- Days on Market:
- 5
- Last Refresh:
- Apr 28 at 2:06 pm
Property Features for 13-15 E DEER PARK E
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 50
- Parking features
- Parking Lot
- Standard status
- Active
- Lot size
- 1.36 Acres
Taxes and HOA fees
- Tax Annual Amount
- 37595
Utilities
- Heating system
- Forced Air, Heat Pump (Heating)
- Cooling system
- Heat Pump, Central Air
Building Details
- Year built
- 1970
- Number of units
- 1
- Building materials
- Combination, Brick
Listing agent J. Larry Galey License #5299 (301) 774-5900
Listing office RE/MAX Realty Centre, Inc. 3300 Olney Sandy Spring Road, OLNEY, MD (301) 774-5900
Listing date Apr 24, 2026
MLS# MDMC2228642
Copyright © 2026 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
Gaithersburg Development Opportunity
This three-building campus in Gaithersburg presents a development opportunity with RB zoning, offering a range of permitted uses. The zoning allows for adaptive reuse and a maximum building footprint of 17,847 square feet, representing 30% of the 1.36-acre site. A new two-over-two condominium community is located within one block of the property, with units selling from $600,000. Subject to City of Gaithersburg approval, the East Deer Park campus has the potential to yield up to 34 similar two-over-two condominium units. The property is currently approximately 60% leased and is projected to reach 80% occupancy within the next 60 days. This asset appeals to income-focused investors seeking a buy-and-hold opportunity or a stable cash-flow investment. The campus benefits from proximity to the MARC train station, Olde Town Gaithersburg, the Shady Grove Metro, the ICC, and the I-270 corridor. It also benefits from marketing exposure along North Frederick Avenue, with high traffic volumes and curb visibility.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Gaithersburg
- County
- Montgomery
- State
- Maryland
- Longitude
- -77.1997285
- Latitude
- 39.1286377
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Three-building campus with redevelopment potential in a prime location.
Where is this commercial land located?
The property is located at 13-15 E DEER PARK E Gaithersburg, MD.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Development Opportunity: RB zoning allows for adaptive reuse and potential for up to 34 condominium units (subject to approval).; Strong Investment Potential: Currently 60% leased, projected to reach 80% occupancy soon, offering stable cash flow.; Excellent Location: Close proximity to MARC train, Shady Grove Metro, ICC, and I‑270.
