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

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 | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 6.20 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Zoning | GC - GC - General Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| 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 | Lot Size | 6.20 AC |
| Price Per AC | $1,377,310.04 CAD |
| 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
| Parcel Number | 28-534388 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $4,575,138 CAD |
PROPERTY TAXES
Parcel Number
28-534388
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,575,138 CAD
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