Montgomery County · Commercial sale
153 parcels in Derwood sell for $24.4 million
A group of 153 parcels including 7501 Standish Pl, Derwood sold for $24,400,000 on September 3, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $24,400,000
- Sold
- September 3, 2026
- Property type
- Group of 153 parcels
A group of 153 parcels, including 7501 Standish Pl in Derwood, sold for $24,400,000 on September 3, 2026, according to Maryland Department of Assessments and Taxation property records.
The record lists IP DSC Moco Metro Park LLC as the seller.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Montgomery County?
By our estimate, the seller's two largest charges, not counting prorations, were $272,715 for the recordation tax (Montgomery County) and $122,000 for the county transfer tax (Montgomery County). Who pays what follows Montgomery County custom.
How much did the seller net?
By our estimate, the seller netted about $23,898,260. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $24,866,600 at closing. That covers the full price and closing costs.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 70902-0040. Property details: Montgomery County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
