Montgomery County · Commercial sale
13 parcels in Montgomery County sell for $3.14 million
A group of 13 parcels including 948 Exchange Ave, Montgomery County sold for $3,142,500 on September 29, 2026. See the seller and buyer net sheets for.
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- Sale price
- $3,142,500
- Sold
- September 29, 2026
- Property type
- Group of 13 parcels
A group of 13 parcels sold for $3,142,500 on September 29, 2026. The group included 948 Exchange Ave in Montgomery County, according to the Maryland Department of Assessments and Taxation's property records.
The record lists Watkins Mill Development 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 $31,442.38 for the recordation tax (Montgomery County) and $15,712.50 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 $3,078,862. 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 $3,197,965 at closing. That covers the full price and closing costs.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 70973-0369. 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.
