• Broker Nathan Pealer 6143609055
  • Broker Joel Danshes 3012219721

900 Rockville Pike 0.59 Acres of Commercial Land Offered at $1,675,000 in Rockville, MD 20852

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INVESTMENT HIGHLIGHTS

  • Outstanding Corner Location | 0.59 Acres at Rockville Pike and Edmonston Drive
  • Approved for 4,400 square feet of retail and 23 parking spaces | Next Steps: Level 2 Site Plan and Final Record Plat
  • Located in an Opportunity Zone - Census Tract 24031700904 | Suitable for Single-Tenant or Multi-Tenant Development
  • Approved Project Plan | City of Rockville approved the plan on September 30, 2024
  • Rare 100% Retail Development Opportunity On Rockville Pike | AADT of 48,354 Vehicles per Day (Source: MDOT SHA)
  • 230' Frontage on Rockville Pike With Corner Visibility

EXECUTIVE SUMMARY

Rare undeveloped parcel on Rockville Pike offers an exceptional Single-Tenant or Multi-Tenant Strip development opportunity. The site is across Rockville Pike from Woodmont Country Club and is a short drive to the Twinbrook Metro Station and the Twinbrook Quarter development, where Wegman's is under construction. The property is close to Best Buy, Audi Rockville and BMW of Rockville.

ATTACHMENTS

900 Rockville Pike Offering Memorandum

PROPERTY FACTS

Price $1,675,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Strip Center
No. Lots 1 Total Lot Size 0.59 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning PD-CB - MXCD - PD-CB (Champion Billiards) With a Designated Equivalent Zone of Mixed-Use Corridor District (MXCD)
Price $1,675,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Strip Center
Total Lot Size 0.59 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning PD-CB - MXCD - PD-CB (Champion Billiards) With a Designated Equivalent Zone of Mixed-Use Corridor District (MXCD)

1 LOT AVAILABLE

Lot

Price $1,675,000 Lot Size 0.59 AC
Price Per AC $2,836,098.88
Price $1,675,000
Price Per AC $2,836,098.88
Lot Size 0.59 AC

0.59-acres of land.

DESCRIPTION

This is a 0.59-acre lot.

LINKS

Walk Score®
Very Walkable (84)

PROPERTY TAXES

Parcel Number 04-02406134 Improvements Assessment $0
Land Assessment $1,135,733 Total Assessment $1,135,733

PROPERTY TAXES

Parcel Number
04-02406134
Land Assessment
$1,135,733
Improvements Assessment
$0
Total Assessment
$1,135,733

MAP

ADDITIONAL PHOTOS

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