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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 | $996,093.75 |
| Price | $5,100,000 |
| Price Per AC | $996,093.75 |
| 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.
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 |
MAP
ADDITIONAL PHOTOS
Plat Map
Boundary Survey
Zoning Map