5904 Muncaster Mill Rd - Lake Needwood 4.54 Acres of Commercial Land Offered at $4,500,000 in Rockville, MD 20855

A new ideal active senior living site location situated on 4.37 - 4.52 acres.
All utilities are on site including natural gas and a 6" water line, city permit sewer connection is pending. This property is situated across from the Magruder High School and near the ICC (Inter County Connector Interchange ,connects Washington, DC to Baltimore and surrounding county areas in between. The property is about 10 miles to Embassy Row, in Washington, DC, by bike path thru the park paths. The lake Needwood Park/Rockcreek Park walking trails and bike paths border and surround the Lake Needwood Park property, ideal for scenic walks, hiking and bike trails , available also are the lakeside rental paddle boats, row boats, fishing, and the Needwood Lake Cruise Boat for scenic lake cruise tours (pet friendly).
The property is currently zoned RE that includes healthcare related use and Senior Living, preliminary studies indicate 110 -135 senior care units on 3-4 levels (1-level below grade)
and 6-10 triple sectioned senior cottages can be added. New homes across the street (the Preserve) sold for approx $825k (townhouses -$3.5 + mil. for single family homes, all homes were sold out, in a matter of months. This location borders Lake Needwood parks and recreation, Needwood Golf Course and Driving Range, close by are the Leisure World Shopping Center complex, medical offices, the Norbeck Country Club, bus stop across the street at the high school, local churches, dental and medical offices and very close to 3-major hospitals,
Asking price is $1,350,000 per acre.
Please contact Ariston444@aol.com