Ignite FB Tracking Pixel1200 University Boulevard W, Silver Spring, MD 20902 - Justin Brown
Berkshire Hathaway HomeServices PenFed Realty
Justin Brown, Berkshire Hathaway HomeServices PenFed RealtyPhone: (540) 273-6501
Email: [email protected]
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listing
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CommercialFor Sale
$3,000,000
1200 University Boulevard W
Silver Spring, MD 20902
Listed by: Foundry Commercial, LLC, 2024222665
MLS: Bright MLS
16,877Sq Ft
Est. Mortgage
$15,585/mo

Call for OFFERS DUE 8/15/2024. Asking price listed is acting as a placeholder as there is no "asking price" as the price will be determined based on best offer submitted. Once in a generation opportunity to own or participate in the future of this irreplaceable piece of land of 7.03 ± acres within the Kemp Mill Master Plan and University Boulevard Corridor Plan immediately next to Sligo Creek Parkway. There is currently a school (approx. 10 classrooms and two large auditorium spaces) and church building (seating for approx. 150) that exists and can be activated for those uses along with outdoor playground and two parking lots. Current zoning is R-60, but can potentially be reimagined and enhanced, especially if in alignment to what the Kemp Mill Master Plan University Boulevard Corridor Plan expressed an interest in having. These plans could present a buyer with the opportunity for a rezoning, up-zoning, special exception, etc so long as it aligns with what the master plan calls (linkage between local facilities, and/or a facility that facilitates social cohesion. The site is surrounding by forestry but offers favorable and close proximity to public transit (bus lines, metro line – red), equidistant of approximately 31 miles south or east of Baltimore/Washington International Airport and Dulles International Airport respectively, and only 15 miles to Ronald Reagan Washington National Airport. The seller is most interested in offers that include a plan to incorporate them into the redevelopment of the site for a period of time. NOTE THAT INFORMATION INCUDED IN THIS LISTING IS NOTED AS "OTHER" AS THIS IS AN AS-IS, WHERE-IS and all services need to be verified by the buyer.

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This data is up-to-date as of 11/01/2024 11:16 AM. Listing provided by Andrew John Genova of Foundry Commercial, LLC.
Community / School Information