325 Muddy Branch RdGaithersburg, MD 20878
- Other multifamily properties
- 1.33 AC
Property Details for 325 Muddy Branch Rd
- Lot size
- 1.33 AC
- Property type
- Other multifamily properties
- Property subtype
- Residential income properties
Description
This exceptional 1.33-acre property, located at 325 Muddy Branch Road in Gaithersburg, Maryland, presents a compelling opportunity for townhouse development. Zoned R-20, the site encompasses 57,934 square feet and offers a pre-existing concept plan for fourteen townhouse units, providing a solid foundation for a streamlined development process. The property's annexation into the city of Gaithersburg on March 20, 1992, ensures established infrastructure and municipal services. This prime location within Gaithersburg offers developers access to a thriving community with excellent schools, convenient amenities, and strong market demand for residential housing. The existing concept plan, while not binding, significantly reduces the initial planning and design phases, potentially accelerating project timelines and minimizing upfront costs. For qualified developers, creative financing options may be available, making this an even more attractive investment. This is a rare chance to acquire a well-situated, ready-to-develop parcel in a desirable Maryland location. The property's size and zoning make it ideal for a high-density residential project, catering to the growing need for housing in the area. Serious inquiries are encouraged to explore this promising development opportunity further. The asking price is $500,000.
Location Insight
- City
- Gaithersburg
- County
- Montgomery
- State
- Maryland
- Latitude
- 39.1268
- Longitude
- -77.2095
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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