301-524-9362
15901 Frederick Rd, Rockville, MD for Sale
Office - FOR SALE
1/5
null | Request Cap Rate

15901 Frederick Rd
Rockville, MD 20855


HIGHLIGHTS

  • The site features three drive-thru ATMs on the west side of the property.
  • This is a highly walkable location that offers unparalleled connectivity to both transit and retail amenities.

OVERVIEW

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

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Educational Systems Federal Credit Union

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.29 AC

LAND SF

99,931 SF

ZONING

CR

APN/PARCEL ID

09-03413011

ASK ABOUT THIS PROPERTY

Andrew BrownCPG RealtyMore Info
301-524-9362

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Andrew BrownCPG RealtyMore Info
301-524-9362

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