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$550,000
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Property Description
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.
Full Property Details
Full Property Details for 305 N Frederick Ave
General
- Sold For: $550,000
- Taxes: $5,899 (2024)
- Status: Closed
- Type: Lots/Land
- Source: BrightMLSMidAtlantic
- MLS ID: MDMC2167822
- Added to Site: 323 day(s) ago
Location
- Municipality: City of Gaithersburg
- County: Montgomery
- Development Name: Realty Park
- Subdivision: Realty Park
- Driving Directions: Use GPS. Lot is located on Frederick Road/Route 355 between the Shed and Sherwin-Williams Paint Store.
- Location Details: Urban
- City Limits: Yes
School Information
- School District: Montgomery County Public Schools
- High School: Gaithersburg
Utilities
- Sewer: Public Hook/Up Avail
- Water: Public Hook-up Available
Structural Information
- Stories/Levels: 0
- Current Bldg. Use: Vacant
Additional Structures
- Other Structures: None
Lot Features
- Property View: Street, Trees/Woods
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,951
- Lot Size Source: Estimated
- Street/Road Desc.: Black Top
- Lot Features: Level
- Zoning: CD
- Lot Description: Level
Financial Considerations
- Price Per Sq. Ft.: $46.02
- Assessment Year: 2024
- City/TownTax: $1,187
- City/TownTax Freq: Annually
- County Tax: $4,712
- County Tax Freq: Annually
- Tax w/Assessment: $453,300
- Tax Amount: $5,899
- Tax Year: 2024
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 90
Listed by Long & Foster Real Estate, Inc., Michael S Winn
Sold by Samson Properties, Saman Saba
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Schools
Schools serving 305 N Frederick Ave
School District:Montgomery County Public Schools, Gaithersburg, MD
| Name | Grades | Distance |
|---|---|---|
Gaithersburg Elementary School 35 North Summit Avenue, Gaithersburg, MD 20877 | PK-5 | 0.6 mi |
Gaithersburg Middle School 2 Teachers Way, Gaithersburg, MD 20877 | 6-8 | 0.8 mi |
Gaithersburg High School 101 Education Boulevard, Gaithersburg, MD 20877 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 305 N Frederick Ave
Date
Details
Price
Change
Source
10/07/2025
Sold
$550,000
—
MLS
5/28/2025
Price Reduced
$550,000
-19%
MLS
2/27/2025
Listed
$679,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
305 N Frederick Avenue, Gaithersburg, MD 20877 (MLS# MDMC2167822) is a Lots/Land property that was sold at $550,000 on October 07, 2025. Want to learn more about 305 N Frederick Avenue? Do you have questions about finding other Lots/Land real estate for sale in Gaithersburg? You can browse all Gaithersburg real estate or contact a Coldwell Banker agent to request more information.

