$550,000
SOLD OCT 7, 2025

305 N Frederick Ave Gaithersburg, MD 20877

0.27 Acre
$2,037,037 Price per Acre
11,761 Sq Ft Lot

Recently Sold

19% Below List Price

195 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Level Lot
  • 0.27 Acre Lot

About This Lot

As of October 2025

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.

Last Agent to Sell the Property

Michael Winn

(301) 467-5553 mwinn@lnf.com Long & Foster Real Estate, Inc. License #2819 Listed on: 02/27/2025

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Saman Saba

(240) 731-9714 smnsaba@gmail.com Samson Properties

Samson Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,899

Lot Details

  • 0.27 Acre Lot
  • Level Lot
  • Property is zoned CD, Commercial Development. Please contact the City of Gaithersburg to confirm allowable uses within this zone.

Schools

  • Gaithersburg High School

Additional Features

  • Views of Woods
  • Urban Location
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Realty Park Subdivision

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 160903533483

Property Details

Property Type

Land

Est. Annual Taxes

$5,899

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 46.02

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Black Top
  • View: Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent
  • High School: GAITHERSBURG

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Level
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11951.00
  • Zoning: CD
  • Zoning Description: Commercial Development. Please contact the City of Gaithersburg to confirm allowable uses within this zone.
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5899.00
  • Assessor Parcel Number: 160903533483
  • Tax Lot: 90
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
Oct 7, 2025
Sold by
A & F Llc
Bought by
Pakhi Properties Llc
Seller's Agent
Michael Winn
Long & Foster Real Estate, Inc.
Buyer's Agent
Saman Saba
Samson Properties
List Price
$679,000
Sold Price
$550,000
Premium/Discount to List
-$129,000
-19%
Views
81
Current Estimated Value
$551,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,050
Avg. Annual Appreciation
0.68%

Purchase Details

Closed on
Dec 8, 2000
Sold by
Barbour Robert
Bought by
Asgari Ali and Asgari V F

Purchase Details

Closed on
Oct 1, 1998
Sold by
Victor Litz Music Ctr Inc
Bought by
Barbour Robert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $550,000 Westcor Land Title Insurance C
Deed $280,000 --
Deed $335,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 Sold $550,000 0.0% --
05/28/2025 05/28/25 Price Changed $550,000 -19.0% --
02/27/2025 02/27/25 For Sale $679,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,899 $467,900 $467,900 --
2024 $5,899 $453,300 $453,300 --
2023 $5,684 $438,700 $438,700 $0
2022 $5,526 $438,700 $438,700 $0
2021 $5,535 $438,700 $438,700 $0
2020 $5,535 $438,700 $438,700 $0
2019 $5,381 $425,200 $0 $0
2018 $5,240 $411,700 $0 $0
2017 $5,138 $398,200 $0 $0
2016 -- $380,900 $0 $0
2015 $4,318 $363,600 $0 $0
2014 $4,318 $346,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2167822

Bright MLS

APN: 09-03533483