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704 Russell AveGaithersburg, MD 20877

Prime MD location, multi-use development potential.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 100-579 acre property in Gaithersburg, Maryland, presents a unique investment opportunity. Located in Montgomery County and boasting 62 buildings totaling 1 square foot, this single-tenancy site is primed for redevelopment. Currently zoned for retail, office, land, and restaurant uses, the property offers significant flexibility for a wide range of commercial ventures. Its strategic location within the Washington, DC MSA, a highly educated and affluent market, ensures strong potential for future growth and high occupancy rates. The site's accessibility is further enhanced by its proximity to four major roadways and Interstate 270, providing excellent visibility and convenient access for employees and customers. This expansive property offers a blank canvas for a visionary developer seeking to create a vibrant mixed-use destination encompassing employment, retail, residential, and entertainment components. The existing infrastructure provides a solid foundation for a comprehensive redevelopment project, catering to both established businesses seeking relocation and new market entrants. This is a rare opportunity to acquire a substantial land parcel in a highly desirable location with exceptional development potential. The property's size and location make it an ideal candidate for a large-scale, multi-faceted development project.

Highlights

  • 579-acre site in Gaithersburg, MD.
  • 62-building property totaling 3.6 million square feet.
  • Zoned for retail, office, land, and restaurant uses.
  • Proximity to I-270 and other major roadways.

Property Details for 704 Russell Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
1 SF
Buildings
62

Unit(s) available at that property

Space
Available Space
Size
1 SF

Location Insight

City
Gaithersburg
County
Montgomery
State
Maryland
Latitude
39.1528387
Longitude
-77.2087659
704 Russell Ave, Gaithersburg, Maryland

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Contacts

Mary Dufour
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704 Russell Ave, Gaithersburg, Maryland, 20877

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

704 Russell Ave
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