Excellent and rare opportunity to own a lot in the heart of Gaithersburg's commercial development area. This unique property is located on Frederick Avenue offering excellent visibility and high traffic counts giving the new owner extensive opportunities for free advertising and instant branding. Surrounded by long-established businesses, this property is well-positioned for the fortunate buyer. The lot is almost a third of an acre and according to the City of Gaithersburg already approved for development into Retail, Office, or Storage but can also be amended for other usages. Potential buyers should confirm with the City of Gaithersburg that their particular use is allowed and will work with the current setbacks. It is the sole responsibility of the buyer to determine if their desired use will be acceptable to all governing authorities and the seller makes no representations as to the viability of any particular use. All future development of this lot is subject to the approval of the appropriate City, County, and State Governments. Please feel free to drive by and walk the property at any time. Call Listing agent with any questions. We welcome all Buyer Agents and recognize the valuable role they play in the sales process.
Property Details
Property Features
Listing Office:
Office Name: Long & Foster Real Estate, Inc.
Office Phone: (301) 424-0900
Listing Agent: Michael S Winn
Exterior Features
Exterior Information:
View: Trees/Woods
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.27 Acres
Other
Directions Information:
Directions: Use GPS. Lot is located on Frederick Road/Route 355 between the Tobacco Hut and Sherwin-Williams Paint Store.
Municipality:
City Of Gaithersburg
Price Information
Listing Price Info
Price Summary:
List Price: $679,000
Tax Information:
Annual Amount: $5,240
Tax Year: 2021
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Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Gaithersburg, MD.
This property is $141.7K more than the Median Sold Price in Gaithersburg, MD.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #MDMC2145020
Listing Office:
Office Name: Long & Foster Real Estate, Inc.
Office Phone: (301) 424-0900
Listing Agent: Michael S Winn
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Gaithersburg Elementary School
35 N Summit Ave
Distance between this listing and this school0.60 miles
Public District Grades PK-5
2
/10
South Lake Elementary School
18201 Contour Rd
Distance between this listing and this school0.79 miles
Public District Grades PK-5
2
/10
Summit Hall Elementary School
101 W Deer Park Rd
Distance between this listing and this school1.33 miles
Public District Grades PK-5
Nearby Schools
3
/10
Gaithersburg Middle School
2 Teachers Way
Distance between this listing and this school0.81 miles
Public Magnet Grades 6-8
3
/10
Forest Oak Middle School
651 Saybrooke Oaks Blvd
Distance between this listing and this school1.12 miles
Public District Grades 6-8
2
/10
Montgomery Village Middle School
19300 Watkins Mill Rd
Distance between this listing and this school1.91 miles
Public District Grades 6-8
Nearby Schools
5
/10
Gaithersburg High School
101 Education Blvd
Distance between this listing and this school0.78 miles
Public Magnet Grades 9-12
4
/10
Watkins Mill High School
10301 Apple Ridge Rd
Distance between this listing and this school2.75 miles
Public Magnet Grades 9-12
9
/10
Quince Orchard High School
15800 Quince Orchard Rd
Distance between this listing and this school3.43 miles
The neighbors living near this home have an average income of $27,148. Typical income of Gaithersburg, MD residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Living In Gaithersburg, MD
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Gaithersburg, MD?
Gaithersburg offers a diverse array of housing options, with single-family homes, apartments, and townhouses available to suit a range of preferences. The architectural styles in the area are varied, with a mix of colonial, contemporary, and ranch-style homes. The housing market is dynamic, with a healthy balance of ownership and rental opportunities. Single-family homes are prevalent, while multifamily dwellings provide alternatives for those seeking a more urban living experience.
Is Gaithersburg, MD a good place to live?
Gaithersburg is celebrated for its vibrant community spirit and a family-friendly atmosphere. The city prides itself on a blend of historic charm and modern amenities, offering residents a suburban feel with pockets of urbanity. Annual events, such as the Gaithersburg Book Festival, reflect the cultural richness and educational values of the community.
Are things conveniently located in Gaithersburg, MD?
The city is served by a robust educational system, including a variety of public and private schools that cater to different educational needs. Healthcare services are comprehensive, with several clinics and a hospital that provide a range of medical services. Gaithersburg also features a network of public libraries and a variety of shopping and dining options that showcase the local culture. The city is proactive in adapting its services to meet the evolving needs of its diverse population.
What does the transportation in Gaithersburg, MD look like?
Gaithersburg's transportation infrastructure supports both private and public transit options, with a focus on accessibility and convenience. The area is served by a network of buses that operate on a set schedule, connecting residents to key destinations within the city and beyond. The community is designed with walkability in mind, particularly in the downtown area, and there are several bike-friendly routes available. Major roads and highways provide efficient routes for commuters, with ongoing improvements to enhance traffic flow and reduce congestion.
Frequently Asked Questions About 305 N Frederick Ave
What is the listing price of this property?
The listing price of 305 N Frederick Ave property is $679,000.
What type of property is this?
The property 305 N Frederick Ave is land located in Gaithersburg, Maryland, 20877.
Is this property for sale now?
Active Listing: 305 N Frederick Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $5,240 (source: MLS/based on county public records data).
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This home is located at 305 N Frederick Ave in Gaithersburg, MD and zip code 20877. This home sits on a 0.27 acre lot. It has been listed on Rocket Homes since August 24, 2024 and is currently priced at $679,000.
While more than 35 listings in Gaithersburg, MD in October 2024 were sold above asking price, there were more than 16 listings sold at asking price, and more than 26 were sold below. The number of listings in Gaithersburg, MD increased by 13.4% between September 2024 and October 2024. In October 2024, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $537,225.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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