NOT LISTED FOR SALE

8420 Broadband Dr Frederick, MD 21701

10.36 Acres
-- Price per Acre
451,282 Sq Ft Lot

Last Sold November 02, 2021

Last sale price $2,800,000

Highlights

  • 10.36 Acre Lot
  • Property is near a park
  • Level Lot
  • Spring Ridge Elementary School Rated A-
  • No HOA

About This Lot

As of November 2021

10.36-acre lot located in Riverside Corporate Park with potential to be subdivided into multiple lots. Underlying zoning is MO/M1 w/MXE overlay, please call LA for allowable uses. This site has superior access to Route 15 and I-270 & 70 and offers an outstanding opportunity for a variety of industrial/flex/office or other mixed uses. Site has previously been entitled for nearly 150,000 sq. ft. of improvements. Join other commercial enterprises in this growing area of Frederick such as Well Fargo Bank, Public Storage, Frederick National Laboratory for Cancer, and the many businesses in The Riverside Corporate Park. Offered at $3,500,000.

Last Agent to Sell the Property

Tony 'C' Checchia

(301) 471-8669 tonyc@vcre.co VCRE.CO Listed on: 04/29/2021

Last Buyer's Agent

Tony 'C' Checchia

(301) 471-8669 tonyc@vcre.co VCRE.CO Listed on: 04/29/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,292

Lot Details

  • 10.36 Acre Lot
  • Level Lot
  • Property is zoned MXE, base zone M2

Location

  • Property is near a park

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 256R
  • Assessor Parcel Number 1102244152

Property Details

Property Type

Land

Est. Annual Taxes

$40,292

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 7.76

Exterior Features

  • Construction Completed: No
  • 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 Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Backs - Parkland, Level
  • Lot Size Acres: 10.36
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 451282.00
  • Zoning: MXE
  • Zoning Description: base zone M2
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11574319
  • Tax Annual Amount: 40292.00
  • Assessor Parcel Number: 1102244152
  • Tax Lot: 256R
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Nov 1, 2021
Sold by
Broadband Llc
Bought by
Riverside Technology Park Lot 256R Llc
Seller's Agent
Tony 'C' Checchia
VCRE.CO
Buyer's Agent
Tony 'C' Checchia
VCRE.CO
List Price
$3,500,000
Sold Price
$2,800,000
Premium/Discount to List
-$700,000
-20%

Purchase Details

Closed on
May 8, 2012
Sold by
Krpbr Properties Llc
Bought by
Broadband Llc

Purchase Details

Closed on
Mar 29, 2006
Sold by
Krpbr Properties Llc
Bought by
Riverside Investment Group Llc

Purchase Details

Closed on
Mar 28, 2006
Sold by
Krpbr Properties Llc
Bought by
Riverside Investment Group Llc

Purchase Details

Closed on
Mar 9, 2006
Sold by
Millennium Business Center Llc
Bought by
Krpbr Properties Llc

Purchase Details

Closed on
Feb 28, 2006
Sold by
Millennium Business Center Llc
Bought by
Krpbr Properties Llc

Purchase Details

Closed on
Dec 1, 2003
Sold by
Riverside Investment Group Llc
Bought by
Millennium Business Center Llc and Armstrong Jane
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Riverside Technology Park Lot 256R Llc $2,800,000 First American Title Ins Co
Broadband Llc $3,950,000 None Available
Riverside Investment Group Llc -- --
Riverside Investment Group Llc -- --
Krpbr Properties Llc -- --
Krpbr Properties Llc -- --
Millennium Business Center Llc $2,000,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2021 11/02/21 Sold $2,800,000 -20.0% --
04/29/2021 04/29/21 For Sale $3,500,000 -- --
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 $185,301 $11,511,800 $2,256,400 $9,255,400
2024 $185,301 $9,995,567 $0 $0
2023 $40,563 $2,256,400 $2,256,400 $0
2022 $40,038 $2,256,400 $2,256,400 $0
2021 $39,996 $2,256,400 $2,256,400 $0
2020 $39,915 $2,256,400 $2,256,400 $0
2019 $39,895 $2,256,400 $2,256,400 $0
2018 $35,386 $1,983,733 $0 $0
2017 $25,362 $2,256,400 $0 $0
2016 $26,019 $1,438,400 $0 $0
2015 $26,019 $1,438,400 $0 $0
2014 $26,019 $1,438,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tony 'C' Checchia

    Seller's Agent in 2021

    Tony 'C' Checchia

    VCRE.CO

    (301) 471-8669

    3 in this area

    59 Total Sales

    Tony 'C' Checchia
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Map

Source: Bright MLS

MLS Number: MDFR281650

Bright MLS

APN: 02-244152

Maryland Frederick County Frederick 21701

8420 Broadband Dr, Frederick, MD

Not Listed for Sale

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