1470 Rockville Pike Rockville, MD 20852-1414
- Banks
- 1,711 SF
- 0.37 lot acres
Oct 10, 2024
Current Use by Public Records
- BB&T Insurance Services / Insurance Agency
- BB&T ATM / Atm
- Truist / Bank / Car Finance And Loan Company
Property Details for 1470 Rockville Pike
- Year built
- 1975
- Construction
- BRICK
- Lot size
- 0.37 lot acres
- Property size
- 1,711 SF
- Zone code
- MXCD
- Property type
- Banks
- APN
- 04-00153825
- APU
- 400153825
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockville
- County
- Montgomery
- State
- Maryland
- Longitude
- -77.1268
- Latitude
- 39.0659
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA