15220 River Rd - Residential LAND FOR SALE


Germantown, MD 20874- Darnestown1,829,520 SF
$4,000,000 USD
15220 River Rd, Germantown, MD for Sale
$4,000,000 USD
Residential LAND - FOR SALE
1/2
1,829,520 SF

15220 River Rd
Germantown, MD 20874
Darnestown


HIGHLIGHTS

  • Easily Accessible to Potomac, Washington DC, and Northern VA
  • Perfect Development Opportunity or Create Your Own Real Estate
  • Accessed from River Rd, Manor Stone Dr, or Rive Gauche Subdivision

OVERVIEW

The parcels could be used as a single property or subdivided into separate lots, with 4-5 lots accessible through the cul de sac from the Rive Gauche subdivision and 3-4 lots accessible from River Road. It is uncertain which lots would be attributed to Potomac or Darnestown. Out Lot A referenced on the SAMPLE is excluded from the sale. The most recent sale in the adjoining Rive Gauche subdivision was for $1,845,000. In 2020, The Black Rock Subdivision in Darnestown had 10 lots sold in 2020, a 330% increase from 2019. Average lot sales in Potomac within 5 miles of the property averaged $529,656, at an estimated 25% of the out-sale cost. The property is for sale for $4m.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/ACRE

$95,238/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Development

LAND ACRES

42 AC

LAND SF

1,829,520 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-200

APN/PARCEL ID

06-00400535,06-01745964

ASK ABOUT THIS PROPERTY

Joseph ZorcColdwell Banker RealtyMore Info

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Joseph ZorcColdwell Banker RealtyMore Info

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