Taxes
- Assessed Value: $4,000,000
- Assessed Year: 2026
- Assessed County: Montgomery
- APN: 09-03859971
- Assessed Land Value: 1390900
- Market Land Value: 1390900
- Tax Amount: 52620.04
- Tax Year: 2025
- Market Value: 4000000
- Market Year: 2026
705 Progress Way; Gaithersburg, MD Property Details
Off market
705 Progress Way Gaithersburg, MD 20879
$4,000,000 Estimated Value
4,790 SqFt
Property Type
Drive-thru RestaurantProperty Details
Summary
- Owners / Type: 2 / Corporate
- Owner Status: Corporate
- Year Built: 2023
- APN: 09-03859971
- Situs County: Montgomery
Structure
- Building Style: Brick
- Stories: 1
- Exterior Wall Type: Brick
- Building Condition: Good
- Building Quality: C
Measurements
- Total: 4,790/SqFt
- Lot: 51,122/SqFt
- Gross: 4,790/SqFt
- Living: 4,790/SqFt
- Building: 4,790/SqFt
- Ground: 4,790/SqFt
Legal Description
- Description: IBM SUB
Building Insights
Land Information
- Property Type: Drive-thru Restaurant
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Montgomery County Public Schools
- Lat / Lon: 39.152527 / -77.213356
- Subdivision: Gaithersburg Town
- Property Class: Commercial
- Zoning: MXD
- County Use Code: 580
Amenities
- Plus Four: 3134
- Cooling: Central
- Heating: Yes
Ownership Info
705 Progress Way has no associated ownership info
705 Progress Way has no associated ownership info.
Taxes
705 Progress Way has 10 associated Taxes items
705 Progress Way, Gaithersburg, MD pays taxes in Montgomery County, MD. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $4,000,000. The APN we've located for 705 Progress Way is 09-03859971.
Unlock the full reportTax History
705 Progress Way has 5 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $4,000,000 | Land Value $1,390,900 | Improvement Value $2,609,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $52,620.04 | Change Rate -0.25728% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $4,744,833 | Land Value | Improvement Value | Tax Amount $70,847.74 | Change Rate -0.126582% | Assessed CR | Tax Rate +0.014932% |
| Year 2023 | Assessed Value $6,771,100 | Land Value $1,264,200 | Improvement Value $5,506,900 | Tax Amount $81,115.54 | Change Rate +3.838926% | Assessed CR | Tax Rate +0.01198% |
| Year 2022 | Assessed Value $1,264,200 | Land Value $1,264,200 | Improvement Value | Tax Amount $16,763.13 | Change Rate | Assessed CR | Tax Rate +0.01326% |