Gaithersburg Development
13 E DEER PARK E, Gaithersburg, MD 20877
Three-building campus with development potential near transit and amenities.
Type:Commercial
Property size:
17,847 SFPrice / SF:
$165/SF- Added:
- Apr 24, 2026
- Days on Market:
- 17
- Last Refresh:
- Apr 24 at 4:34 pm
Property Features for 13 E DEER PARK E
General Information
- Standard status
- Active
- Size
- 17,847 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1970
Listing agent J. Larry Galey License #5299 (301) 774-5900
Listing office RE/MAX Realty Centre, Inc. (301) 774-5900
Listing date Apr 24, 2026
Source Elliman
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 RE/MAX Realty Centre, Inc.
HighLights
- Development Opportunity: RB zoning allows for a maximum building footprint of 17,847 square feet, potentially yielding up to 34 condominium units (subject to City approval).
- Strong Investment Potential: Currently 60% leased, projected to reach 80% occupancy within 60 days, offering stable cash‑flow.
- Prime Location: Excellent proximity to MARC train station, Olde Town Gaithersburg, Shady Grove Metro, ICC, and I‑270 corridor.
- High Visibility: Prominent marketing exposure along North Frederick Avenue with high traffic volumes and exceptional curb visibility.
- Walkable Location: Walk Score of 80 (Very Walkable).
- Nearby Condominium Sales: New condominium community nearby selling units starting at $600,000.
Overview
This three-building campus in Deer Park presents a development opportunity with RB zoning, which allows for a maximum building footprint of 17,847 square feet, representing 30% of the site. A new two-over-two condominium community is located one block from the property and is currently selling units. 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 approximately 60% leased and is projected to reach 80% occupancy within the next 60 days. The location offers proximity to the MARC train station, Olde Town Gaithersburg, the Shady Grove Metro, the ICC, and the I-270 corridor. The property benefits from marketing exposure along North Frederick Avenue, with high traffic volumes and curb visibility. The location has a walk score of 80, indicating it is very walkable, a bike score of 57, indicating it is bikeable, and a transit score of 43, indicating some transit options are available.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Gaithersburg
- County
- Montgomery
- State
- Maryland
- Longitude
- -77.192608
- Latitude
- 39.12843
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Three-building campus with development potential near transit and amenities.
Where is this commercial land located?
The property is located at 13 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 a maximum building footprint of 17,847 square feet, potentially yielding up to 34 condominium units (subject to City approval).; Strong Investment Potential: Currently 60% leased, projected to reach 80% occupancy within 60 days, offering stable cash‑flow.; Prime Location: Excellent proximity to MARC train station, Olde Town Gaithersburg, Shady Grove Metro, ICC, and I‑270 corridor.
