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    MD Montgomery Village Ave Gaithersburg, MD 20886

    Sponsored
    For Lease
    Contact for pricing

    2.14 Acres, High Visibility Retail Space

    Lot size:
    93,218 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.14-acre retail property presents a unique ground lease opportunity in the thriving Montgomery Village submarket of Montgomery County. Strategically located at the intersection of Montgomery Village Avenue and Centerway Road, this site boasts excellent access and visibility, enhanced by a convenient traffic signal. The property is zoned CRT, offering flexibility for a variety of retail uses. Currently, one space is available for lease, making it ideal for a single tenant seeking a prominent location or a developer looking to construct a multi-tenant retail center. The site's prime location within the heart of Montgomery Village ensures high traffic counts and exposure to a dense population base. This presents a compelling investment opportunity for businesses seeking a high-impact presence in a dynamic and growing community. The expansive acreage allows for significant development potential, catering to a range of retail concepts and sizes. The property's accessibility and visibility, coupled with its strategic location, make it an exceptional choice for businesses aiming to establish a strong foothold in this desirable market. Interested parties are encouraged to explore the possibilities this exceptional retail ground lease offers. The property's location within Montgomery Village provides access to a robust consumer base and ample opportunities for business growth. This is a rare opportunity to secure a significant retail presence in a highly sought-after area.

    Property Features for MD Montgomery Village Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    93,218 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    93,218 SF

    HighLights

    • Retail property for ground lease available in Montgomery Village, Montgomery County.
    • 2.14‑acre parcel available.
    • Excellent access and visibility with traffic signal.
    • Located in the heart of Montgomery Village.
    • Zoned CRT.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gaithersburg
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.203069317174
    Latitude
    39.171384932131

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    FAQs

    What type of property is this?
    Retail property - 2.14 Acres, High Visibility Retail Space
    Where is this retail property located?
    The property is located at MD Montgomery Village Ave Gaithersburg, MD.
    What are key features of this property?
    This property features: Retail property for ground lease available in Montgomery Village, Montgomery County.; 2.14-acre parcel available.; Excellent access and visibility with traffic signal.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    MD Montgomery Village Ave Gaithersburg, MD 20886
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