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Michael S Winn · Long & Foster Real Estate, Inc.

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Buy landat 305 N Frederick Ave, Gaithersburg, MD 20877

$679,000

$0/mo

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Land

11,951 Sq. Ft. lot

99 Days on market

MDMC2145020 MLS ID

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About 305 N Frederick Ave land

Excellent and rare opportunity to own a lot in the heart of Gaithersburg's commercial development area. This unique property is located on Frederick Avenue offering excellent visibility and high traffic counts giving the new owner extensive opportunities for free advertising and instant branding. Surrounded by long-established businesses, this property is well-positioned for the fortunate buyer. The lot is almost a third of an acre and according to the City of Gaithersburg already approved for development into Retail, Office, or Storage but can also be amended for other usages. Potential buyers should confirm with the City of Gaithersburg that their particular use is allowed and will work with the current setbacks. It is the sole responsibility of the buyer to determine if their desired use will be acceptable to all governing authorities and the seller makes no representations as to the viability of any particular use. All future development of this lot is subject to the approval of the appropriate City, County, and State Governments. Please feel free to drive by and walk the property at any time. Call Listing agent with any questions. We welcome all Buyer Agents and recognize the valuable role they play in the sales process.
Excellent and rare opportunity to own a lot in the heart of Gaithersburg's commercial development area. This unique property is located on Frederick Avenue offering excellent visibility and high traffic counts giving the new owner extensive opportunities for free advertising and instant branding. Surrounded by long-established businesses, this property is well-positioned for the fortunate buyer. The lot is almost a third of an acre and according to the City of Gaithersburg already approved for development into Retail, Office, or Storage but can also be amended for other usages. Potential buyers should confirm with the City of Gaithersburg that their particular use is allowed and will work with the current setbacks. It is the sole responsibility of the buyer to determine if their desired use will be acceptable to all governing authorities and the seller makes no representations as to the viability of any particular use. All future development of this lot is subject to the approval of the appropriate City, County, and State Governments. Please feel free to drive by and walk the property at any time. Call Listing agent with any questions. We welcome all Buyer Agents and recognize the valuable role they play in the sales process.

Property details

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Street

Trees/Woods

Monthly cost

Estimated monthly cost

$4,514/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Dec 8, 2000

Price

$280,000

DatePrice
Dec 8, 2000$280,000

Schools

Rockville & Gaithersburg enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$638,260

+$20,370

$658,630

Seller agent commission$20,370 (3%)*

$0 (0%)

Buyer agent commission$20,370 (3%)*

$20,370 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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State

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Unreal Estate checked: Sep 10, 2024 at 1:30 p.m.

Data updated: Sep 7, 2024 at 8:43 a.m.

Courtesy of Michael S Winn, Long & Foster Real Estate, Inc.
This content last updated on 09/07/2024.
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
Listing Information © 2024 BrightMLS. All Rights Reserved.

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