Property profile

1470 Rockville Pike Rockville, MD 20852

OFF-MARKET
Banks
Property ID
US40-1463689
1,711 SF 0.37 ac lot Built 1975
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,379-square-foot former bank branch, situated on a 0.37-acre lot in Rockville, MD's I-270 Corridor, presents a unique build-to-suit opportunity. The property features a two-lane drive-thru and benefits from its prime location along Rockville Pike, a six-lane divided highway with over 48,000 vehicles per day. Its strategic placement across from an Aldi-anchored shopping center and adjacent to a Party City-anchored center ensures high visibility and accessibility. The single-story, 1962-built building is classified as Class C and offers eight parking spaces. The MXCD zoning allows for a diverse range of uses, including retail, restaurants, offices, and more, making it ideal for various businesses. The property's high traffic counts, strong visibility enhanced by a pylon sign, and proximity to major retailers like Aldi, McDonald's, Staples, and Target, combined with its location within 15 miles of Washington, D.C., create an unparalleled investment opportunity. The entire 1,379 square feet is currently vacant, offering a blank canvas for a customized build-out. Annual property taxes are $16 per square foot.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1975
Construction BRICK
Total area 1,711 SF
Lot 0.37 ac (16,086 SF)
Zoning code MXCD
APN 04-00153825
UPID US40-1463689

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
  • Insurance Agency
  • Atm
  • Bank Loan Service

Location

1470 Rockville Pike Rockville, MD 20852-1414
Rockville metro Census 700904 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
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Comparable Approach Comparable
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Blend (final) Blend
$350k

Owner & transaction history

since 2025
Last sale
$1.3M
2 recorded transactions
2025
$1.3M
2022
$350,000

Zoning & alternative use

MXCD · Rockville, MD
Zoning description

way must be treated in the same manner as the primary building facades. All parking must be screened to prevent vehicle headlights from shining into adjoining residential properties. b. Mixed-Use Corridor District Zone (…

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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