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Commercial and Residential Land Opportunity
For Sale
$2,350,000

23543 Frederick Rd, Clarksburg, MD 20871

3.21 acre land parcel suitable for various commercial and residential uses.

Property SizeContact for details
Lot Size3.21 Acres
Days on Market168

Property Features for 23543 Frederick Rd

General Information

Standard status Active
Lot size 3.21 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $5,913
Listing Agency: CAPSTAR PROPERTIES
Listed By: FEI WANG
Source: Corcoran
Added: Feb 22 Changed: Aug 8 Last Checked: Aug 8 at 6:06AM

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 CAPSTAR PROPERTIES

Investment Insights

Based on property information with market context.

This 3.21-acre land parcel is available for sale and is suitable for commercial and residential development. The property is zoned CRT-0.75; C- 0.25; R-0.5; H-65T, and is located on Frederick Rd (MD Rt 355). The maximum Floor Area Ratio (FAR) is R=69,914 SF, C=34,957 SF, with a total of 104,871 SF. The overlay zone is Clarksburg East Environmental, with open space comprising over 80% of the lot area and impervious surface limited to less than 15% of the lot area. Permitted uses include residential options such as single-unit, two-unit (duplex), townhouse, multi-unit, and residential care facilities. Civic and institutional uses include day care centers and religious assemblies. Commercial uses include restaurants, clinics and dental offices, medical and dental laboratories, offices, research and development facilities, structured parking, conference centers, health clubs and facilities, and retail/service establishments. Intended uses for the property include adult day care, independent and assisted senior living, and a doctor’s office.

Key Highlights

  • Large 3.21‑acre lot on Frederick Rd (MD Rt 355).
  • High FAR allowing for substantial development: 104,871 SF total.**
  • Zoned for diverse uses: residential, civic/institutional, and commercial.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Nail Salon HVAC Service Spa & Massage Center Pharmacy Auto Parts 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

157
Businesses Nearby

Demographics for 20871, MD

28,557
Population
8,915
Households
3.2
Avg Household Size
36
Median Age
68%
College-Educated
95%
High-School Grad
22.9 sq mi
ZIP Area
1,247
Density / Sq Mi
$177,120
Median Household Income
$81,360
Median Earnings
$2,312
Median Rent
$628,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 3.21 acre land parcel suitable for various commercial and residential uses.
Where is this commercial land located?
The property is located at 23543 Frederick Rd Clarksburg, MD.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Large 3.21‑acre lot on Frederick Rd (MD Rt 355).; High FAR allowing for substantial development: 104,871 SF total.**; Zoned for diverse uses: residential, civic/institutional, and commercial.
More about this property
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