702 GRAND UNION BLVD
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Location
702 GRAND UNION BLVD
Mblu
86/ A/ 2/ /
Acct#
20152120
Owner
FR ASSEMBLY SQUARE LLC
Assessment
$3,979,200
PID
111348
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,519,600$2,459,600$3,979,200

Owner of Record
OwnerFR ASSEMBLY SQUARE LLC
Co-OwnerC/O FEDERAL REALTY INVEST. TRUST
Address909 ROSE AVE. SUITE 200
NORTH BETHESDA, MD 20852
Sale Price$43,900,000
Certificate
Book & Page 44736/0139
Sale Date03/03/2005
Instrument1O

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
FR ASSEMBLY SQUARE LLC$43,900,000 44736/01391O03/03/2005

Building Information
Building 1 : Section 1
Year Built: 2012
Living Area: 4,700
Replacement Cost: $1,663,686
Building Percent Good: 90
Replacement Cost
Less Depreciation:
$1,497,300
Building Attributes
FieldDescription
Style:Branch Bank
ModelIndustrial
GradeAverage
Stories:1
Occupancy2.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Ceram Clay Til
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UsePROF BLDG
Total Rooms2
Total Bedrms0
Total Baths4
Extra Kitch' 
1st Floor Use: 
Heat/ACHEAT/AC SPLIT
Frame TypeMASONRY
Baths/PlumbingEXTENSIVE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsABOVE AVERAGE
Wall Height16.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
AOFOffice, (Average) 2,350 2,350
BASFirst Floor 2,350 2,350
   4,700 4,700

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR2WET/CONCEALED4500.00 S.F.$16,2001

Land
Land Use
Use Code3410
DescriptionBANK BLDG  
ZoneASMD
Neighborhood3003
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.46
Frontage
Depth
Assessed Value$2,459,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SGN1SIGN 1 SIDE NO LIGHTS  96.00 S.F.&HGT$6,1001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$1,519,600$2,459,600$3,979,200
2025$1,453,900$2,342,800$3,796,700
2024$1,453,900$2,342,800$3,796,700

Regarding Parcel: Mblu : 86/ A/ 2/ / Location : 702 GRAND UNION BLVD

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