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Industrial/Commercial Land Development Opportunity
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8401 Progress Ct, Frederick, MD 21701

Highly visible M1-zoned land with approved site plan.

Property SizeContact for details
Days on Market782

Property Features for 8401 Progress Ct

General Information

Standard status Active
Property subtype Land
Zoning M1
Listing Agency: VCRE.CO
Listed By: Tony "C" Checchia · License #MD #307505
Source: Crexi
Added: Jul 15, 2024 Changed: Sep 4 Last Checked: Sep 3 at 2:07AM

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 VCRE.CO

Investment Insights

Based on property information with market context.

This highly visible industrial/commercial land presents a development opportunity with an approved site plan for one 20,000 square foot building. Zoned M1, the lot is situated along Monocacy Boulevard, across from a Ruters location, at a newly installed traffic light. The property offers prime visibility. A concept plan for two 10,000 square foot buildings is also a possibility, making it an ideal location for an owner user with an additional building to lease or for future expansion. The high-traffic area ensures excellent exposure, providing significant business opportunities in a strategic and accessible part of the city.

Key Highlights

  • Approved site plan for one 20,000 SF building.
  • M1 zoning allows for Industrial/Commercial use.
  • High visibility location on Monocacy Blvd.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Law Firm Auto Repair Shop Real Estate Agency Hair Salon Big Box & Wholesale 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

137
Businesses Nearby

Demographics for 21701, MD

39,629
Population
18,914
Households
2.1
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
39.7 sq mi
ZIP Area
998
Density / Sq Mi
$102,306
Median Household Income
$59,381
Median Earnings
$1,607
Median Rent
$404,900
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Highly visible M1-zoned land with approved site plan.
Where is this commercial land located?
The property is located at 8401 Progress Ct Frederick, MD.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approved site plan for one 20,000 SF building.; M1 zoning allows for Industrial/Commercial use.; High visibility location on Monocacy Blvd.
(888) 236-1435 Call to check price and availability
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