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Property profile & analytics
OFF-MARKET Estimated value $2,880,000
Retail space

303 Copley Pl Gaithersburg, MD 20878-4509

7,967 SF 0.57 ac lot Built 2013
Individually Owned 11-yr Hold Free & Clear
Property ID
US40-1549201
Property summary
AI-generated overview

Downtown Crown presents a significant retail opportunity in Gaithersburg, Maryland, a highly affluent and educated community. This 258,000 square foot mixed-use development, situated on a sprawling 180-acre lot in Montgomery County, is the centerpiece of a larger urban masterplan. Currently, 255,000 square feet of retail space is available for lease, offering a unique chance to establish a presence in a thriving, dynamic environment. The property boasts a strong tenant mix, including established national brands and popular local favorites. Anchored by Harris Teeter, Ruth's Chris Steak House, Coastal Flats, Ted's Bulletin, Paladar, The Pour House, and Ted's Montana Grill, Downtown Crown provides a vibrant atmosphere and significant foot traffic. This prime location within a master-planned community positions businesses for success in a live-work-play environment, catering to a sophisticated and discerning clientele. The expansive space allows for significant customization and adaptability to suit a variety of retail concepts. This is an exceptional opportunity to secure a prominent position in one of the most desirable retail destinations in Montgomery County. The sheer scale of the available space, combined with the existing strong tenant lineup and the overall master-planned community context, presents a compelling investment proposition.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2013
Construction FRAME
Total area 7,967 SF
Lot 0.57 ac (24,995 SF)
Zoning code MXD
APN 09-03702341
UPID US40-1549201
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Downtown Crown Wine and Beer Specialty Food Shop Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.82M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.88M
Owner & transaction history
Rpai Gaithersburg Downtown Cro · 11 yrs held
Rpai Gaithersburg Downtown Cro
since 2015
1 recorded transaction
2015
$99.1M
Zoning & alternative use
MXD · Gaithersburg, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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