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    7635 Lindbergh Drive

    GAITHERSBURG, MD 20879
    • $4,500,000
    • STATUS: Active
    • ON SITE: 115 days
    • ID#: MDMC761802
    UPDATED: 52 min ago
    $4,500,000
    • 0
      BEDS
    • 4.49
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Opportunity to acquire 4.49 acres of commercial development land with frontage along Woodfield Road (Rt. 124), Lindbergh Drive and Airpark Road. Zoned IL (Light Industrial), this property offers a developer multiple office, commercial and industrial options for value-add development. The property is currently generating $9,000+ month from commercial truck and vehicle storage, with the potential to generate even higher revenue. Surrounding properties include well-established warehouse and office properties within the Montgomery County Airpark District. The property is adjacent to a bank branch, with a public road traversing the property, connecting Lindbergh Drive to Airpark Road. Plus, Rt. 200 and Rt 270 are close by, along with significant retail and employment centers, giving this property significant potential for long-term value enhancement. And with the Preserve at Rock Creek and the Shady Grove Metro Station, commercial development around the property is likely to continue. The by-right special-purpose options include religious, daycare and educational facilities, self-storage, car wash and a health club. Based upon a concept plan, a developer can use 2.44 acres for a Retail Site and 2.05 acres for a car wash site. Another concept plan details a proposed self-storage building along with a warehouse. Each of these uses would benefit from the visibility along Rt. 124 and the established ingress/egress between Lindbergh Drive and Airpark Drive. Electric, public water, and sewer are available. The property is within the Lindbergh Park Owners Association, and is comprised of two tax parcels +GG Lot 8 (01-02889573) and Lot 9 (01-02889584). While two separate parcels, the property is only being sold as one offering. Located in Floodplain X, so the property lies outside of the 500-year flood plain. The association fee is $1,200/per acre.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-25T15:52:07.723.
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    7635 Lindbergh Drive GAITHERSBURG, MD 20879

    • Price: $4,500,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: MDMC761802
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.49
    Acres
    Neighborhood:
    Airpark
    County:
    Montgomery
    School District:
    Montgomery County Public Schools
    Property Description
    Opportunity to acquire 4.49 acres of commercial development land with frontage along Woodfield Road (Rt. 124), Lindbergh Drive and Airpark Road. Zoned IL (Light Industrial), this property offers a developer multiple office, commercial and industrial options for value-add development. The property is currently generating $9,000+ month from commercial truck and vehicle storage, with the potential to generate even higher revenue. Surrounding properties include well-established warehouse and office properties within the Montgomery County Airpark District. The property is adjacent to a bank branch, with a public road traversing the property, connecting Lindbergh Drive to Airpark Road. Plus, Rt. 200 and Rt 270 are close by, along with significant retail and employment centers, giving this property significant potential for long-term value enhancement. And with the Preserve at Rock Creek and the Shady Grove Metro Station, commercial development around the property is likely to continue. The by-right special-purpose options include religious, daycare and educational facilities, self-storage, car wash and a health club. Based upon a concept plan, a developer can use 2.44 acres for a Retail Site and 2.05 acres for a car wash site. Another concept plan details a proposed self-storage building along with a warehouse. Each of these uses would benefit from the visibility along Rt. 124 and the established ingress/egress between Lindbergh Drive and Airpark Drive. Electric, public water, and sewer are available. The property is within the Lindbergh Park Owners Association, and is comprised of two tax parcels +GG Lot 8 (01-02889573) and Lot 9 (01-02889584). While two separate parcels, the property is only being sold as one offering. Located in Floodplain X, so the property lies outside of the 500-year flood plain. The association fee is $1,200/per acre.
    Exterior Features

    Construction Materials Other Garage YN No Lot Features CornerLevelPartly WoodedRoad FrontageSubdivision Possible Parking Types Parking LotOn Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 0.00 Cooling None Heating None Net Square Feet 0.00

    Property Features

    Accessibility Features None Assessment Year 2021 Association YN No Business Type Auto RelatedCar Wash/Truck WashCross Dock/Truck TerminalDay Care FacilityFlexHealth ClubManufacturingMedicalOther/General RetailPad SiteParking LotProfessionalReligious FacilityShopping CenterStorageTruck Maintenance FacilityWarehouse Central Air YN No Cooling Fuel None Cross Street Woodfield Road Heating Fuel None Historic YN No Hot Water None Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 304635063260 Ownership Interest Fee Simple Possession Settlement Property Sub Type Land For Commercial Use Sale Type Standard Sewer Public Hook/Up Avail Tax Annual Amount 20430.00 Tax Assessment Amount 1656100.00 Vacation Rental YN No Water Source Public Hook-Up Available Zoning Il Zoning Description Zoned Light Industrial

    Listing courtesy of Century 21 Commercial New Millennium.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-25T15:52:07.723.
     
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    Owings Mills MD, 21117