Sandy Spring Rd 5.12 Acres of Commercial Land Offered at $7,179,423 CAD in Burtonsville, MD 20866

INVESTMENT HIGHLIGHTS

  • Potential development of 84,000-SF of industrial or 34,000-SF of retail.
  • Recently designated as an Enterprise zone to reduce real estate taxes for 10 years and waive transportation impact fees.

EXECUTIVE SUMMARY

-$25-30 PSF
-Located near the corner of Sandy Spring Rd (Rt. 198) and Columbia Pike (Rt. 29)
- 1.5-5.1 acres
-Located 3 miles from MD 200/ICC and 4 miles to I-95
-Zoned retail/industrial as provided in the Burtonsville Employment Area (BEA) overlay zone
-Road frontage 428 ft on Rt. 198

PROPERTY FACTS

Price $7,179,423 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
Total Lot Size 5.12 AC

1 LOT AVAILABLE

Lot

Price $7,179,423 CAD
Price Per AC $1,402,231.04 CAD
Lot Size 5.12 AC

5.12 acres lot next to Extra Space Storage.

DESCRIPTION

Property is located near the corner of Sandy Spring Road and Columbia Pike.

PROPERTY TAXES

ZONING

Zoning Code IM
  • Listing ID: 5892340

  • Date on Market: 2017-02-17

  • Last Updated:

  • Address: Sandy Spring Rd, Burtonsville, MD 20866