Nathan Pealer 6143609055
Joel Danshes 3012219721

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

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.

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.

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.

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.

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

Total Assessment

$1,135,733

ZONING

Zoning Code	PD-CB - MXCD (PD-CB (Champion Billiards) With a Designated Equivalent Zone of Mixed-Use Corridor District (MXCD))
PD-CB - MXCD (PD-CB (Champion Billiards) With a Designated Equivalent Zone of Mixed-Use Corridor District (MXCD))