Montgomery County property record for 705 Progress Way, Gaithersburg, MD 20879 · Last verified August 2026
| Property Type | Commercial > Retail > Drive-Thru Restaurant, Fast Food |
|---|---|
| Year Built | Built 2023 |
| Square Footage | 4,790 sqft Gross Area |
| Lot Size | 1.17 acres |
| Tax Bill | $52,620.00 (2025) |
| Primary APN | 09-03859971 |
|---|---|
| Alternative APN |
|
| Building Area | 4,790 sqft Gross Area |
|---|---|
| 1st Floor | 4,790 sqft 1st Floor |
| Stories | 1 Stories |
| Year Built | Built 2023 |
|---|---|
| Effective Year Built | Effective 2023 |
| Exterior Material | Brick Exterior |
| Construction Type | Brick Construction |
| Fire Resistance Class | Buildings having exterior walls built of a non-combustible material such as brick, concrete, block or poured concrete. Interior partitions and roof structure are built of combustible materials. Floor may be concrete or wood frame. |
| Lot Area | 51,122 sqft |
| Cooling System | Central Cooling |
|---|---|
| Heating System | HVAC Heating |
| Account Number | 03859971 |
|---|---|
| Street Address | 705 PROGRESS WAY |
| City | GAITHERSBURG |
| State | MD |
| Zip | 20879-3134 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail > Drive-Thru Restaurant, Fast Food |
| Legal Description | IBM SUB |
| Legal Subdivision | GAITHERSBURG TOWN |
| Legal Block | 2 |
| Legal Lot Number | 4 |
| Jurisdiction | MONTGOMERY MD |
| Minor Civil Division | 9 |
| Census Blockgroup | 2 |
| Census Block | 2002 |
| Census Tract | 700733 |
Source: Montgomery County records · APN 09-03859971
Assessment roll updated August 17, 2026 · Last verified August 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | 2 Company Names on File |
|---|---|
| Mailing Address | 4600 WEDGEWOOD BLVD, A, FREDERICK, MD 21703-7167 |
| Owner Type | Owner is a Company |
| Vesting | Company |
| Deed Names | 2 Verified Names on Deed |
|---|---|
| Record Refreshed | Sep 20, 2026 |
Source: Montgomery County records · Assessment roll updated August 17, 2026 · Last verified August 2026
| Type | Name |
|---|---|
| State | Maryland |
| County | Montgomery County |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $4,000,000 (-) Land $1,390,900 Building $2,609,100 | $4,000,000 (-) Land $1,390,900 Building $2,609,100 | |
| 2025 | $52,620.00 (+213.91%) | $4,000,000 (-40.93%) Land $1,390,900 Building $2,609,100 | $4,000,000 (-40.93%) Land $1,390,900 Building $2,609,100 |
| 2023 | $6,771,100 Land $1,264,200 Building $5,506,900 | $6,771,100 Land $1,264,200 Building $5,506,900 | |
| 2022 | $16,763.00 |
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