Property profile

303 Copley Pl Gaithersburg, MD 20878

OFF-MARKET
Retail space
Property ID
US40-1549201
7,967 SF 0.57 ac lot Built 2013
Individually Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

Downtown Crown presents a significant retail opportunity in Gaithersburg, Maryland, a highly affluent and educated community. This 258,000 square foot mixed-use development, situated on a sprawling 180-acre lot in Montgomery County, is the centerpiece of a larger urban masterplan. Currently, 255,000 square feet of retail space is available for lease, offering a unique chance to establish a presence in a thriving, dynamic environment. The property boasts a strong tenant mix, including established national brands and popular local favorites. Anchored by Harris Teeter, Ruth's Chris Steak House, Coastal Flats, Ted's Bulletin, Paladar, The Pour House, and Ted's Montana Grill, Downtown Crown provides a vibrant atmosphere and significant foot traffic. This prime location within a master-planned community positions businesses for success in a live-work-play environment, catering to a sophisticated and discerning clientele. The expansive space allows for significant customization and adaptability to suit a variety of retail concepts. This is an exceptional opportunity to secure a prominent position in one of the most desirable retail destinations in Montgomery County. The sheer scale of the available space, combined with the existing strong tenant lineup and the overall master-planned community context, presents a compelling investment proposition.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2013
Construction FRAME
Total area 7,967 SF
Lot 0.57 ac (24,995 SF)
Zoning code MXD
APN 09-03702341
UPID US40-1549201

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop Wine and Liquor Store

Location

303 Copley Pl Gaithersburg, MD 20878-4509
Gaithersburg metro Census 700839 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.82M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.88M

Owner & transaction history

since 2015
1 recorded transaction
2015
$99.1M

Zoning & alternative use

MXD · Gaithersburg, MD
Zoning description

The purpose of MXD zone is to provide a more flexible approach to the comprehensive design and development of multi use projects

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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