Frederick Office/Warehouse Space
For Sale
Contact for pricing
1319 Bucheimer Rd, Frederick, MD
8,405 SF office/warehouse with drive-in bay door and parking.
Property Size8,405 SF
Lot Size0.57 Acres
Price / SF$208.21
Days on Market466
Property Features for 1319 Bucheimer Rd
General Information
Standard status
Active
Size
8,405 SF
Lot size
0.57 Acres
Property subtype
OFFICE
Listing Agency:
Jay Clogg Realty Group, Inc.
(301) 340-9400
Listed By:
Neil Draddy · License #517997
Source:
Moodyscre
Added: May 5, 2025
Changed: Aug 10
Last Checked: Aug 12 at 11:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jay Clogg Realty Group, Inc.
Investment Insights
Based on property information with market context.
This property features approximately 8,405 square feet of office and warehouse space on a lot of about 25,000 square feet. The warehouse portion offers roughly 6,000 square feet with an 18-foot clear height. The layout includes multiple private offices, a reception area, and a kitchen. One drive-in bay door is present, with the possibility of installing a second. There are 15 parking spaces available, supplemented by street parking. Real estate taxes for the period from July 1, 2024, to June 30, 2025, are $14,469.02 annually. The property is located in Frederick, MD.
Key Highlights
- Approx. 8,405 SF of office/warehouse on a 25,000 SF lot.
- Features approx. 6,000 SF of 18’ clear warehouse space.
- Multiple private offices, reception area, and kitchen.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,841
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,576,820
$1.6M
Cap Rate 7%
$1,126,300
$1.1M
Cap Rate 9%
$876,011
$876.0K
Market Conditions
NOI Build-Up for 8,405 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$98.7K $11.74/SF
− Vacancy
−$5.9K −$0.70/SF
EGI
$92.8K $11.04/SF
− OpEx
−$13.9K −$1.66/SF
NOI
$78.8K $9.38/SF
Area
Frederick County, MD
Vacancy
6.00%
Lease Rate
$11.74 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,576,820
Cap Rate 7%
$1,126,300
Cap Rate 9%
$876,011
Alternative Uses
Best Use
Warehouse
$1.13M
$985.5K – $1.31M
NOI $78,841 @ 7.0% cap · market cap 4.51%
Second Best
Industrial
$927.5K
$811.6K – $1.08M
NOI $64,928 @ 7.0% cap · market cap 3.71%
Theoretical Best
Specialty Retail
$3.11M
$2.73M – $3.63M
NOI $218,012 @ 7.0% cap · market cap 12.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- East Frederick Self Storage — 100 Storage Way, Frederick, MD 21701
- MARC Service Center — 7900 Reichs Ford Rd, Frederick, MD 21704
- Frederick Car Storage — 800 E South St, Frederick, MD 21701
- CubeSmart Self Storage — 811 E South St, Frederick, MD 21701
- Trending Motorsports Techniques — 900 E Patrick St, Frederick, MD 21701
Frequently Asked Questions
What type of property is this?
Warehouse - 8,405 SF office/warehouse with drive-in bay door and parking.
Where is this warehouse located?
The property is located at 1319 Bucheimer Rd Frederick, MD.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Approx. 8,405 SF of office/warehouse on a 25,000 SF lot.; Features approx. 6,000 SF of 18’ clear warehouse space.; Multiple private offices, reception area, and kitchen.
