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Investment Highlights

  • Lighted Intersection
  • Located 1/2 mile from MD-200 Intercounty Connector (ICC)
  • 22 Acres of Beautiful Level Ground
  • 55,000 Daily Traffic Count
  • Marquee Development Site in Montgomery County
  • Public Utilities Available S1/W1

Executive Summary

For decades, Olney Golf Park has been a cherished part of the Olney community, offering recreational space and a serene environment for its visitors. Now, this 22-acre property in Montgomery County, Maryland, presents a rare and exceptional opportunity for development. Located in the highly sought-after Olney area, the property is primed for transformation into a vibrant new community, ideally suited for residential and mixed-use development.
Strategically positioned at a lit intersection with more than 1,200 feet of frontage along the heavily trafficked RT-97 Georgia Avenue, the property benefits from exposure to 55,000 vehicles daily. The site is further enhanced by its close proximity to RT-200 Intercounty Connector (ICC), just half a mile away, offering unparalleled connectivity to the surrounding metropolitan areas. Washington, D.C., Baltimore, and Frederick are all easily accessible, placing the site at the crossroads of the Washington, D.C. Metro Area.
The land itself is level, with minimal grading required, making it an ideal choice for efficient development. With public utilities already at the site under S1/W1 category, infrastructure is in place to support a wide range of potential uses. Whether you envision multi-family housing, townhomes, villas, single-family homes, senior living, or a mixed-use development, this site offers the flexibility to accommodate diverse and dynamic projects that will serve the growing demand for housing and amenities in the area.
The surrounding community, with its suburban charm, strong local amenities, and excellent schools, provides a perfect backdrop for any development. The Olney area continues to experience growth, making this an ideal location for developers looking to capitalize on the region's potential.
This opportunity represents a rare and exceptional prospect within Montgomery County. With its prime location at a prominent intersection along Georgia Ave. substantial frontage, and high traffic volume, the property stands as one of the last significant undeveloped properties in northern Montgomery County suitable for substantial redevelopment. This property truly offers the rare chance to shape the future of a community in the heart of the Washington, D.C. Metro. For more information, please review the Request for Proposal (RFP). For additional details, please don’t hesitate to reach out. We invite you to be part of the marquee development of the Olney Golf Park.

Property Facts Under Contract

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Master Planned Community
  • Planned Unit Development
  • Single Family Development
Total Lot Size 22.00 AC
No. Stories 1
Zoning RE-2 - Current zoning is RE-2. Please contact for in-depth description.

1 Lot Available

Lot

Lot Size 22.00 AC

With 22-acres of level ground, located at the lighted intersection of Georgia Ave RT-97 and Emory Church Rd in Northern Montgomery County, located just 1/2 mile from MD-200 the Intercounty Connector (ICC). Public utilities are at the property S1/W1.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
08-03236062
Land Assessment
$2,400,800
Improvements Assessment
$690,100
Total Assessment
$3,090,900
  • Listing ID: 34081271

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 3414 Emory Church Rd, Olney, MD 20832

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