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1315 E Deer Park EGaithersburg, MD 20877Price: $2,950,000

  • Price: $2,950,000
  • 82 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
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1315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 208771315 E Deer Park E Gaithersburg MD 20877
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  • 1.36Acreage
  • 1970Year Built
  • 169Price Per Square Foot
  • 1Units
Deer Park's three-building campus presents a rare and compelling development opportunity, RB zoning offer a unique range of permitted uses. Specifically this zoning allows foradaptive reuse and a maximum building footprint of 17,847 square feet (30% of the site). A new two-over-two condominium community located within one block of the property is currently selling units starting at $600,000. Subject to City of Gaithersburg approval, the East Deer Park campus has the potential to yield up to 34 similar two-over-two condominium units. The property is currently approximately 60% leased and is projected to reach 80% occupancy within the next 60 days. This asset offers strong appeal to income-focused investors seeking a buy-and-hold opportunity or a stable cash-flow investment. The campus enjoys excellent proximity to the MARC train station, Olde Town Gaithersburg, the Shady Grove Metro, the ICC, and the I-270 corridor. It also benefits from prominent marketing exposure along North Frederick Avenue, with high traffic volumes and exceptional curb visibility.
Listed by J. Larry Galey of RE/MAX Realty Centre,Inc.

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Railey Vacations

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Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

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Location Information

  • UsmAreaGaithersburg

Parking

  • Parking TypesParking Lot

Basic Information

  • Date Listed04/24/2026

Building

  • Building Area SourceEstimated
  • Building Area Total17445
  • Construction MaterialsCombination, Brick
  • Total Garage And Parking Spaces50
  • Year Built1970

Interior

  • FlooringFully Carpeted

Exterior

  • RoofComposite

Utilities

  • Central Air YNYes
  • CoolingCentral A/C, Heat Pump(s)
  • Cooling FuelElectric
  • Heat SystemForced Air, Heat Pump(s)
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterElectric
  • Water SourcePublic

Basic Information

  • Broker NameRE/MAX Realty Centre, Inc.
  • List Price$2,950,000
  • MLS NumberMDMC2228642
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot169
  • StatusACT
  • Units1

Property

  • Acreage1.36
  • Business TypeProfessional, Religious Facility
  • Lot Size SourceEstimated
  • Lot Size Square Feet59,451
  • New Construction YNN
  • Property SubTypeOffice
  • Road ResponsibilityCity/County
  • Road Surface TypeBlack Top
  • ZoningRB

Other

  • View Count26

Tax Information

  • Tax Year2026
  • Taxes$37,595
  • Total Taxes Payment FrequencyAnnually

Location

  • Address1315 E Deer Park E
  • Building Number1315
  • CountyMontgomery
  • Cross StreetN Frederick Ave
  • DirectionsMD 200 ICC ti N, Freedrick RT355 North to e deer park tuyrn right property on immediate left
  • In City Limits YNYes
  • IncorporatedcitynameGaithersburg
  • StateMD
  • SubdivisionDeer Park
  • TownGaithersburg
  • Zip20877

Legal

  • PossessionSettlement
  • Sale TypeStandard

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated July 15, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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