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Sandy Spring Rd
5.12 Acres of Commercial Land Offered at $5,100,000 in Burtonsville, MD 20866
Investment Highlights
- Potential development of 84,000-SF of industrial or 34,000-SF of retail.
- Recently designated as an Enterprise zone to reduce real estate taxes for 10 years and waive transportation impact fees.
Executive Summary
-$25-30 PSF
-Located near the corner of Sandy Spring Rd (Rt. 198) and Columbia Pike (Rt. 29)
- 1.5-5.1 acres
-Located 3 miles from MD 200/ICC and 4 miles to I-95
-Zoned retail/industrial as provided in the Burtonsville Employment Area (BEA) overlay zone
-Road frontage 428 ft on Rt. 198
-Located near the corner of Sandy Spring Rd (Rt. 198) and Columbia Pike (Rt. 29)
- 1.5-5.1 acres
-Located 3 miles from MD 200/ICC and 4 miles to I-95
-Zoned retail/industrial as provided in the Burtonsville Employment Area (BEA) overlay zone
-Road frontage 428 ft on Rt. 198
Property Facts
1 Lot Available
Lot
Price | $5,100,000 | Lot Size | 5.12 AC |
Price Per AC | $996,094 |
Price | $5,100,000 |
Price Per AC | $996,094 |
Lot Size | 5.12 AC |
5.12 acres lot next to Extra Space Storage.
Description
Property is located near the corner of Sandy Spring Road and Columbia Pike.
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PROPERTY TAXES
Parcel Number | 05-01508192 | Improvements Assessment | $0 |
Land Assessment | $2,377,000 | Total Assessment | $2,377,000 |
PROPERTY TAXES
Parcel Number
05-01508192
Land Assessment
$2,377,000
Improvements Assessment
$0
Total Assessment
$2,377,000
zoning
Zoning Code | IM |
IM |
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Sandy Spring Rd
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