Takoma Park, MD
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    Takoma Park, MD Schools for Sale

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    Silver Spring, MD Washington, DC Hyattsville, MD
    Takoma Park Redevelopment Opportunity
    $12,500,000
    Takoma Park Redevelopment Opportunity

    117 Elm Ave, Takoma Park, MD 20912

    2.82-acre property in Takoma Park near DC line.
    • Rare, expansive 2.82‑acre parcel in highly desirable Takoma Park location.
    • R‑60 zoning allows for diverse redevelopment possibilities: single‑family homes, townhomes, senior housing, or institutional uses.
    • Proximity to Takoma Metro Station, downtown Takoma Park, shops, restaurants, and parks.
    • Currently configured as a school with classrooms, gymnasium, administrative offices, and kitchen.
    • Flat topography and ample street frontage enhance redevelopment viability.
    Updated: May 20, 2025
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    Expansive Land Parcel in Takoma Park
    $12,500,000
    Expansive Land Parcel in Takoma Park

    117 Elm Ave, Takoma Park, MD 20912

    2.82-acre property ideal for redevelopment in a desirable location.
    • Rare, expansive 2.82‑acre parcel in highly desirable Takoma Park location, just over the DC line.
    • R‑60 zoning allows for diverse redevelopment options: single‑family homes, townhomes, senior housing, day care, medical facilities, schools, and religious institutions.
    • Proximity to Takoma Metro Station, downtown Takoma Park, shops, restaurants, parks, and public transportation.
    • Currently equipped as a school with classrooms, gymnasium, stage, administrative offices, and kitchen, offering a turn‑key opportunity for educational institutions.
    • Flat topography and ample street frontage enhance redevelopment viability.
    Updated: May 20, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Takoma Park, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Buildable Lots and Restored Church
    $2,100,000
    20,000 SF
    Buildable Lots and Restored Church

    Three buildable lots plus a restored church for sale.

    22ND Street NE, Washington, DC 20018

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    Religious and Educational Facility
    $1,799,000
    40,160 SF
    Religious and Educational Facility

    Five-section church and school complex on a high-traffic corner, zoned for primary and secondary education, with paved parking.

    4900 Edmondson Ave, Baltimore, MD 21229

    View details
    Religious and Educational Facility
    $1,799,000
    1.69 Acres
    Religious and Educational Facility

    Religious and educational complex with sanctuary, school, and parish center.

    4900 Edmondson Ave, BALTIMORE, Baltimore, MD 21229

    View details
    School Facility in Brookland Neighborhood
    Contact for pricing
    33,858 SF
    School Facility in Brookland Neighborhood

    Fully built-out school near universities and metro stations.

    2917 8th St NE, Washington, DC 20017

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Versatile Land Parcel with Homes
    $896,900
    13.49 Acres
    Versatile Land Parcel with Homes

    13.49 acres with homes, offering diverse development options.

    2956 FRAZER ROAD, Newark, DE 19702

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    Vineland Land with Development Potential
    $125,000
    4.85 Acres
    Vineland Land with Development Potential

    4.85 acre Vineland land parcel with flexible zoning.

    57 W CHESTNUT AVENUE, Vineland, NJ 08360

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    Evesham Road Development Opportunity
    $1,900,000
    3.79 Acres
    Evesham Road Development Opportunity

    Development-ready +/-3.79-acre site on Evesham Road corridor.

    850 East Evesham Road, Cherry Hill, NJ 8003

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    Cleared Land on Jackson Mills
    $1,100,000
    2,285 SF
    Cleared Land on Jackson Mills

    3.1 acres of flat, mostly cleared land for sale.

    750 Jackson Mills Road, Jackson, NJ 08527

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    Takoma Park, MD Schools Market Trends and Statistics

    Explore 2 schools for sale in Takoma Park, MD on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $25,000,000.

    Sale prices for school buildings & campuses in Takoma Park, MD start at $12,500,000, averaging $12,500,000, and reaching up to $12,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Schools 3
    Churches & religious facilities 2
    NNN properties 1

    Demographics Overview

    Population 63K
    Population Growth (5Y) +0.1%
    Median Household Income $108,888
    College Educated 56.5%

    High-Yield Neighborhoods for Investment

    Identify Takoma Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    20912 $12.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.35%
    Property Tax per SF $4.25 per SF
    Tax Rate vs County Average 0.23 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Montgomery County

    New Delisted

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