305 N Frederick Ave Gaithersburg, MD 20877
Estimated payment $4,282/month
Total Views
11,708
0.27
Acre
$2,514,815
Price per Acre
11,761
Sq Ft Lot
Highlights
- View of Trees or Woods
- No HOA
- Level Lot
- 0.27 Acre Lot
About This Lot
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
Property Type
- Land
Est. Annual Taxes
- $5,899
Lot Details
- 0.27 Acre Lot
- Level Lot
- Property is zoned CD, Commercial Development. Please contact the City of Gaithersburg to confirm allowable uses within this zone.
Schools
- Gaithersburg High School
Additional Features
- Views of Woods
- Urban Location
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Realty Park Subdivision
Listing and Financial Details
- Tax Lot 90
- Assessor Parcel Number 160903533483
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,899 | $453,300 | $453,300 | $0 |
| 2023 | $5,684 | $438,700 | $438,700 | $0 |
| 2022 | $5,526 | $438,700 | $438,700 | $0 |
| 2021 | $5,535 | $438,700 | $438,700 | $0 |
| 2020 | $5,535 | $438,700 | $438,700 | $0 |
| 2019 | $5,381 | $425,200 | $0 | $0 |
| 2018 | $5,240 | $411,700 | $0 | $0 |
| 2017 | $5,138 | $398,200 | $0 | $0 |
| 2016 | -- | $380,900 | $0 | $0 |
| 2015 | $4,318 | $363,600 | $0 | $0 |
| 2014 | $4,318 | $346,300 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2025 02/27/25 | For Sale | $679,000 | -- | -- |
Source: Bright MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $280,000 | -- | |
| Deed | $335,000 | -- |
Source: Public Records
Similar Property in Gaithersburg, MD
Source: Bright MLS
MLS Number: MDMC2167822
APN: 09-03533483
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