Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4845 Governors Way Frederick, MD 21704

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $16 SF/Yr ($17,381 /Mo)

    Flex space with ample parking and building signage available.

    Property size:
    13,036 SF
    Lot size:
    5.48 Acres

    Property Features for 4845 Governors Way

    General Information

    Size
    13,036 SF
    Lot size
    5.48 Acres

    Source: Avison Young | Suburban Maryland Agent Tom Truxillo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Frederick Flex Space Available

    This flex space property features a significant glass line and provides ample, free surface parking with 240 spaces. Building signage is available. The property benefits from an ideal location off of I-270 and Route 85. Nearby amenities include Westview Promenade, Westview Corner, Francis Scott Key Mall, Riverview Plaza, Key Plaza, Frederick Crossing and Evergreen Square. The property offers 13,036 square feet of industrial and flex space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dynamic Rugs Inc Wholesaler BaneBio Laboratory Equipment Supplier RSI Manufacturer Dunbar Armored Security Service

    Suggested Use

    Restaurant Dental Office Law Firm Building Supply Spa & Massage Auto Repair Shop Wholesale Shop Clothing Store Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Capital Food Services, Francis Food Company

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4111505
    Latitude
    39.3667345

    Nearby Similar for Lease

    • $18 SF/Yr
      871 SF

      Downtown Frederick Office Space Available

      Spacious office suite in a prime downtown Frederick location.
      5 S Market St Unit, Frederick, MD 21701
      View Details
    • $1,200 /Mo
      83,200 SF

      Frederick Medical Office Suite Available

      Medical office suite for lease in Frederick, Maryland.
      286 Montevue Ln, Frederick, MD 21702
      View Details
    • $650 /Mo
      83,200 SF

      Frederick Medical Office Space Available

      Medical office space for lease in Frederick, Maryland.
      286 Montevue Ln, Frederick, MD 21702
      View Details
    • $20 SF/Yr
      1,742 SF

      Downtown Frederick Office Space

      Charming office building in historic Downtown Frederick.
      22 2Nd St E, Frederick, MD 21701
      View Details
    • $3,875 /Mo
      19,602 SF

      Urbana Pike Retail/Office Space

      Professional suites off 355 in Urbana, available in 2023.
      3535 Urbana Pike, Frederick, MD 21704
      View Details
    • $5,935 /Mo
      19,602 SF

      Urbana Pike Retail/Office Space

      Retail and office suites available for lease in Frederick, MD.
      3535 Urbana Pike, Frederick, MD 21704
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space with ample parking and building signage available.
    Where is this flex space located?
    The property is located at 4845 Governors Way Frederick, MD.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Ample, free surface parking with 240 spaces.; - Ideal location off of I-270 and Route 85.; - Great glass line.
    (240) 446-6221
    Request Owner's contact information
    4845 Governors Way Frederick, MD 21704
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4845 Governors Way
    Frederick, MD 21704
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4845 Governors Way Frederick, MD 21704
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.