Property summary
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 profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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