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46 B Thomas Johnson Dr Frederick, MD 21702

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For Sale
$3,950,000

Free-Standing 2-Story Medical Building For Sale

Property size:
20,000 SF
Lot size:
1.89 Acres
Added:
May 13, 2025
Days on Market:
344
Last Refresh:
Mar 16 at 9:06 am

Property Features for 46 B Thomas Johnson Dr

General Information

Standard status
Active
Property type
Medical Office Space, Office properties & Spaces
Size
20,000 SF
Elevators
N/A
Lot size
1.89 Acres

Building Details

Year Built
2002
Buildings
1
Stories
2

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Listing Contact
Deniz Senyurt

Listing agent Deniz

Listing office

Listing date May 13, 2025


Overview

Two-Story Medical Building For Sale

This two-story, free-standing medical building is located in the Frederick Medical Corridor. The first floor is occupied by Maryland Oncology Hematology, an affiliate of the US Oncology Network. The property includes a 10,000 square foot vacant unit, originally built as a radiology center. The property has 104 parking spots and is situated on a 1.89-acre lot. The location is adjacent to Route 15, providing visibility to 11,000 vehicles daily, and is near the John Hopkins Community Physicians. The surrounding area has a population of 66,136 within a 10-minute drive, with a median household income of $87,432 and a median net worth of $212,274. The property is located within the $187 million medical healthcare market. A new roof was installed in 2023. The property generates $303,918 per year NOI in 2024 with 3% annual escalation, with a proforma NOI of $498,000 per year. Operating expenses are shared 50-50 between tenants. The property is suitable for religious, daycare, health club, pharmacy, and drug store uses.
Location Intelligence

Current Use by Public Records

Medical Office Space

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Map

City
Frederick
County
Frederick
State
Maryland
Longitude
-77.4561
Latitude
39.478

FAQs

What type of property is this?
Medical Office Space - Free-Standing 2-Story Medical Building For Sale
Where is this medical office space located?
The property is located at 46 B Thomas Johnson Dr Frederick, MD.
What is the asking price?
The asking price for this property is $3,950,000.
More about this property
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