12710 Twinbrook Pky, Rockville, MD for Sale
Restaurant - FOR SALE
1/10
null | Request Cap Rate

12710 Twinbrook Pky
Rockville, MD 20852
East Rockville


HIGHLIGHTS

  • Approved 49-Unit Mixed-Use Redevelopment Plan + Up to 4,089 SF Commercial
  • ±0.80-Acre Metro-Oriented Infill Site | Approx. 0.4 Mile to Twinbrook Metro
  • Existing Freestanding Commercial Building with Substantial Surface Parking and 2 curb cuts

OVERVIEW

-Planning Board-Approved Mixed-Use Redevelopment Path -49 Residential Units + Up to 4,089 SF Commercial -Approx. 0.80 AC Metro-Oriented Infill Site -Existing Freestanding Commercial Improvements -Approx. 0.4 Mile to Twinbrook Metro -Price Upon Request Existing improvements include approximately 4,385 SF per public records, plus additional ancillary/enclosed storage areas that may bring the overall usable footprint to approximately 5,638 SF. Buyer to independently verify. 12710 Twinbrook Parkway presents a rare opportunity to acquire an approximately 0.80-acre Metro-oriented infill property in Rockville's established Twinbrook corridor. The property is currently improved with a freestanding commercial/restaurant building and substantial surface parking, providing flexibility for interim occupancy, renovation or adaptive reuse. More importantly, the property benefits from a Montgomery County Planning Board-approved mixed-use redevelopment path. The approved plan provides for 49 multifamily residential units together with up to 4,089 square feet of commercial development in a six-story mixed-use building. The combination of existing improvements, strategic location, mixed-use zoning and an approved redevelopment plan creates multiple potential paths to value for developers, investors and owner-users. Buyers may also evaluate alternative residential, commercial or mixed-use strategies based on their own development objectives, subject to applicable zoning, governmental approvals and independent due diligence. Detailed approved site-plan materials, architectural concepts and development documents are available separately to qualified prospects. Price Upon Request.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront Retail/Residential, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

CR

APN/PARCEL ID

04-00080056

ASK ABOUT THIS PROPERTY

Mandy RehmRE/MAXMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Mandy RehmRE/MAXMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.