CPG Realty, LLC, as exclusive representative of the Seller, is pleased to present 15901 Frederick Road, Rockville, MD — a rare infill redevelopment opportunity located at the highly visible corner of Frederick Road (MD 355) and Redland Road, directly across from the entrance to King Farm and adjacent to the Shady Grove Metro station.
The Property consists of 2.294 acres zoned CR 200 R 1.5, allowing residential development by right for a seamless entitlement process. Currently improved with a 43,500 SF, three-story office building and 130 parking spaces, the Property benefits from flexible repositioning potential. The Seller has mostly vacated the building and is open to leasing back the retail portion of the first floor, offering optional income during redevelopment. The site also features three drive-thru ATMs on the west side of the Property.
This highly walkable location offers unparalleled connectivity to both transit and retail amenities. Residents will enjoy immediate access to nearly 1 million SF of vibrant retail, including King Farm Village Center and Upper Rock, with offerings such as Mom’s Organic Market, Home Depot, Best Buy, and a variety of restaurants and services.
Positioned within Montgomery County and the City of Rockville’s growth boundaries, this site presents a compelling opportunity to deliver for-sale residential product in a supply-constrained, high-income submarket with strong demand drivers and proven walkability