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106 N Summit Ave - Future Subdivision Site

0.41 Acres of Residential Land Offered at $775,000 in Gaithersburg, MD 20877

Residential Land & Home Lots Maryland Gaithersburg 106 N Summit Ave, Gaithersburg, MD 20877

INVESTMENT HIGHLIGHTS

  • In Old Town Gaithersurg

EXECUTIVE SUMMARY

This property is in an Opportunity Zone which provides significant benefits to the investor through depreciation deductions and deferral of capital gains, as well as other benefits depending on your situation.

ATTACHMENTS

106 N Summit Ave DEV-SITE-SALE 12132023
Tax Benefits of Investing in Opportunity Zones

PROPERTY FACTS

Price $775,000 Property Subtype Residential
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Office
  • Hold For Development
  • Medical
No. Lots 1 Total Lot Size 0.41 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $775,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Retail
  • Office
  • Hold For Development
  • Medical
Total Lot Size 0.41 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot

Price $775,000 Lot Size 0.41 AC
Price Per AC $1,909,770.14
Price $775,000
Price Per AC $1,909,770.14
Lot Size 0.41 AC

Very flat and at grade with the street.

DESCRIPTION

Perfect for small commercial building, residential towns or small apartment project

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Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 09-00833560 Improvements Assessment $0
Land Assessment $533,600 Total Assessment $533,600

PROPERTY TAXES

Parcel Number
09-00833560
Land Assessment
$533,600
Improvements Assessment
$0
Total Assessment
$533,600

ZONING

Zoning Code CBD
CBD
(301) 367-1033

CONTACTS

  • Listing ID: 26645879

  • Date on Market: 9/16/2022

  • Last Updated:

  • Address: 106 N Summit Ave, Gaithersburg, MD 20877

More public record information on 106 N Summit Ave, Gaithersburg, MD 20877

The Land Property at 106 N Summit Ave, Gaithersburg, MD 20877 is currently available for sale. Contact AMR Commercial, LLC for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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106 N Summit Ave, Gaithersburg, MD for sale Primary Photo- Image 1 of 8
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106 N Summit Ave, Gaithersburg, MD for sale Building Photo- Image 2 of 8
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106 N Summit Ave, Gaithersburg, MD for sale Building Photo- Image 3 of 8
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106 N Summit Ave, Gaithersburg, MD for sale Building Photo- Image 4 of 8
106 N Summit 12-2023-04
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106 N Summit Ave - Future Subdivision Site
(301) 367-1033 x

106 N Summit Ave - Future Subdivision Site

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Rick Kelly

(301) 367-1033

(301) 367-1033

William Montrose

(301) 961-9696

x203

(301) 961-9696 x203

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