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7589 Shields Dr
Frederick, MD 21704
Land For Sale · 6.20 AC

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INVESTMENT HIGHLIGHTS

  • Located at the highly visible intersection of Urbana Pike (MD Route 355) and Shields Drive,
  • Prominent exposure to a high-traffic corridor with an average of 21,051 vehicles per day along Urbana Pike.

EXECUTIVE SUMMARY

Located at the highly visible intersection of Urbana Pike (MD Route 355) and Shields Drive, these two parcels (3.6 AC and 2.6 AC) offer prominent exposure to a high-traffic corridor with an average of 21,051 vehicles per day along Urbana Pike. The property features level topography, ideal for retail or commercial development. This ground lease opportunity provides excellent visibility and access, making it a prime location for businesses seeking high exposure in Frederick County. With flexible parcel sizes ranging from 3.6 to 6.2 acres, this site is well-suited for retail or other commercial ventures.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 6.20 AC
No. Stories 1
Opportunity Zone Yes
Zoning GC - GC - General Commercial

1 LOT AVAILABLE

Lot

Price $8,539,322 CAD
Price Per AC $1,377,310.04 CAD
Lot Size 6.20 AC

Located at the intersection of Urbana Pike (MD Route 355) and Shields Drive are two parcels (2.6 AC / 3.6 AC) available for ground lease featuring prominent exposure to a highly trafficked thoroughfare.

DESCRIPTION

Located on Urbana Pike (Route 355), with strong frontage, are two parcels (2.6 AC / 3.6 AC) available for ground lease or sale, featuring prominent exposure to a highly trafficked thoroughfare. Parcels are separated by a public road, and both connect to Lowe's Home Improvement, adjacent to Francis Scott Key Mall.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-534388
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,575,138 CAD
  • Listing ID: 29743457

  • Date on Market: 2023-10-09

  • Last Updated:

  • Address: 7589 Shields Dr, Frederick, MD 21704

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