20516 Frederick Rd - Commercial LAND FOR SALE


Germantown, MD 20876 88,427 SF
$5,250,000 USD
410-245-1073
20516 Frederick Rd, Germantown, MD for Sale
$5,250,000 USD
Commercial LAND - FOR SALE
1/17
88,427 SF

20516 Frederick Rd
Germantown, MD 20876


HIGHLIGHTS

  • heavy traffic, intersection, commercial property, busy intersection

OVERVIEW

Self-Storage Development Opportunity near Washington DC Area - Montgomery County Development opportunity to develop ~120,000+ sq. ft. of self storage. Very healthy market - strong rates, high demand, low supply. More than ~50,000 vehicles/daily. More than ~300,000 residents in 3-mile radius. Proximity to retail and big box chains (Walmart, etc.). The property is about 2.03 Acres (100x850’). It is currently used as Contractor’s Commercial Site and grandfathered as such. It has an Office Building, Garage, Storage & Shop Buildings. It is zoned as R-200/TDR-8, but being grandfathered and taxed by the county as Commercial. As it is located next to the North-West corner of the Intersection of Rt. 355 (Frederick Rd) and Rt. 118 (Germantown Rd). It is on Frederick Road directly adjacent to (to its West) a Gas Station with Convenient Store (Washingtonian) located at the Conner of Frederick and Germantown Roads. It is also adjacent to Car-Wash and Burger King Restaurant; both are located on Germantown Road. On the other side of; to the East of the property there is a newly developed townhouses (22 unites) on Boland Manor Drive which currently opens to Frederick Rd (Rt. 355).

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/ACRE

$2,586,201/AC

PRICE/SF

$59 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Self-Storage Development Opportunity near DC

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use, Multi-Family, Hospitality, Apartment Units - Condo, Community Center, Distribution, Hold for Development, Office Park, Religious Facility

LAND ACRES

2.03 AC

LAND SF

88,427 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone

ZONING

R-200

APN/PARCEL ID

09-00796171

ASK ABOUT THIS PROPERTY

Ibrahim M. EsheraArgtec IncMore Info
410-245-1073

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Ibrahim M. EsheraArgtec IncMore Info
410-245-1073

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.