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Crestview Blvd - Lot 9

1.77 Acres of Commercial Land Offered at $899,000 in Frederick, MD 21703

Investment Highlights

  • Near I-70 and I-270

Executive Summary

This 1.77 acre lot is currently slated for office, medical or
laboratory uses. Frederick County has begun an update of
the comprehensive plan for this area (“South Frederick
Corridor”) which presents an opportunity to change the
zoning and allowed uses on this property.
The property features over 500 linear feet of road frontage
on Crestwood Boulevard which is an arterial road
connecting to Maryland Route 85 (Buckeystown Pike). The
Route 85 interchange at Interstate 270 is a one mile drive
from the Property.
The property is located within a designated Opportunity
Zone which provides potential tax benefits to investors.

Property Facts Under Contract

Price $899,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
Total Lot Size 1.77 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $899,000
Price Per AC $507,910
Lot Size 1.77 AC

Rare opportunity to acquire developable land in Westview — Frederick County’s premier location for office, laboratory R&D and retail uses.

Description

The property features over 500 linear feet of road frontage on Crestwood Boulevard which is an arterial road connecting to Maryland Route 85 (Buckeystown Pike). The Route 85 interchange at Interstate 270 is a one mile drive from the Property.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-584504
Land Assessment
$524,200
Improvements Assessment
$0
Total Assessment
$524,200

zoning

Zoning Code MXD (Mixed use zoning)
MXD (Mixed use zoning)
  • Listing ID: 25918823

  • Date on Market: 6/13/2022

  • Last Updated:

  • Address: Crestview Blvd, Frederick, MD 21703

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