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    1470 Rockville Pike Rockville, MD 20852-1414
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    Property profile & analytics

    1470 Rockville Pike Rockville, MD 20852-1414


    • Banks
    • 1,711 SF
    • 0.37 lot acres
    Off-Market
    Last Sale Oct 10, 2024
    $1,300,000
    Property ID
    US40-1463689
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,015,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • BB&T Insurance Services / Insurance Agency
    • BB&T ATM / Atm
    • Truist / Bank / Loan Service

    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $22,006
    $559,400
    $1,072,500
    $1,631,900
    -
    $559,400
    $1,072,500
    $1,631,900
    More about this property
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