Property summary
The property is located in historic downtown Gaithersburg on a 0.27-acre lot and is suited for redevelopment with a building designed to exceed two levels. It is not identified as historically protected, and demolition approvals had been obtained from the city and CSX. Available documentation includes environmental testing and construction planning materials such as stormwater management, soil testing, a forest conservation plan, and a traffic flow assessment, as well as a survey and additional records for review. The site potentially provides up to 12 parking spaces. Its location is approximately 0.2 miles from the MARC Train Brunswick Line and about 2.9 miles from a Metro Station, and utilities on the site were disconnected and would need to be re-established to support redevelopment.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of CBD Zone is intended to foster revitalization by promoting a desirable mix of commercial, office and residential uses, and providing public amenities, for attracting a variety of leisure uses and activitie…
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
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CBD · Gaithersburg, MDThe purpose of CBD Zone is intended to foster revitalization by promoting a desirable mix of commercial, office and residential uses, and providing public amenities, for attracting a variety of leisure uses and activitie…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of CBD Zone is intended to foster revitalization by promoting a desirable mix of commercial, office and residential uses, and providing public amenities, for attracting a variety of leisure uses and activitie…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBD in Gaithersburg, MD.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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