1020 Rockville PikeRockville, MD 20852

Property Details for 1020 Rockville Pike

Year built

1964

Construction

BRICK

Lot size

2.69 AC

Property size (Sq ft)

35,631 SF

Zone code

MXCD

Property type

Retail properties

Property subtype

Strip malls

APN

04-02254737

APU

402254737

Description

Edmonston Crossing, located at 1020 Rockville Pike in Rockville, Maryland, presents a unique opportunity for retail businesses. This property, boasting a newly renovated facade, offers a single available space totaling 3,240 square feet. The building itself comprises 35,513 square feet, with the minimum divisible space being 3,240 square feet, and the maximum contiguous space also at 3,240 square feet. This means the entire available space is a single unit, perfect for a business seeking a prominent location. The property is zoned MXCD, reflecting its suitability for a variety of commercial uses. Ample surface and deck parking is available for customers and employees, enhancing the convenience and appeal of this location. Situated in the vibrant city of Rockville, Maryland, zip code 20852, this retail space benefits from excellent visibility and accessibility. This is the last remaining space in the building, making it a highly sought-after opportunity. Don't miss out on this chance to establish your business in a prime Rockville location.

• CAP approach

  CAP return

  Valuation

  6%

  $12,193,385

  6.5%

  $11,255,432

  7%

  $10,451,473

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,939,427

  Geo Method

  $10,487,371

• Alternative Use

  Use

  Valuation

  Residential

  $9,494,378

  Hospitality

  $8,696,800

  Educational

  $7,235,635

  Medical

  $7,484,480

  Retail

  $11,255,432

Location Insight

City

Rockville

County

Montgomery

State

Maryland

Latitude

39.073

Longitude

-77.1335

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].