Property summary
This exceptional 4,767 square foot flex space, encompassing units 12 and 13 at 1 Wormans Mill Ct in Frederick, Maryland, presents a rare opportunity. The property is zoned MI and offers a single-tenant occupancy, ideal for a variety of businesses. Features include one loading dock and one drive-in door, catering to efficient logistics. Its strategic location within the Clemson Corner lifestyle center, just south of a new Wegmans and Lowe's, ensures high visibility and accessibility. The property benefits from its proximity to a new Super Walmart-anchored shopping center and enjoys frontage on Route 355, off Route 26, providing excellent exposure to a high-traffic area. This hard-to-find industrial mixed-use condo building is situated in a highly desirable area, surrounded by new townhomes, a health center, and national retailers, making it an attractive investment for businesses seeking a blend of retail, office, and industrial functionality. The property's versatile nature, combined with its prime location and convenient amenities, makes it an exceptional opportunity for businesses seeking a strategic foothold in a thriving market. The property type is classified as Retail, Office, and Industrial.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production Facility
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Gym & Fitness Center
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Electronics & Wireless Store Big Box & Wholesale Store
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Alternative Medicine Practice
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Charitable Organization Social Service Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
not able to meet the criteria applicable in the M1 districts. General retail and residential uses are not appropriate for this zone. MO (Manufacturing/ Office) The M/O district is intended to provide a park-like setting…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M1 · Frederick, MDnot able to meet the criteria applicable in the M1 districts. General retail and residential uses are not appropriate for this zone. MO (Manufacturing/ Office) The M/O district is intended to provide a park-like setting…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
not able to meet the criteria applicable in the M1 districts. General retail and residential uses are not appropriate for this zone. MO (Manufacturing/ Office) The M/O district is intended to provide a park-like setting…
What can be built and operated here — officially.
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