Property summary
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
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Atm
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Bank Loan Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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 (…
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
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
MXCD · Rockville, MDway 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 (…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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 (…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MXCD in Rockville, MD.
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