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    5613 Spectrum Dr Frederick, MD 21703

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    For Lease
    Contact for pricing

    High-profile redevelopment or repurpose opportunity near Francis Scott Key Mall.

    Property size:
    4,890 SF
    Lot size:
    1.78 Acres

    Property Features for 5613 Spectrum Dr

    General Information

    Size
    4,890 SF
    Lot size
    1.78 Acres

    Source: Segall Group Agent Jonathan "Jon" Garritt

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

    Overview

    Redevelopment Opportunity Near Francis Scott Key Mall

    A high-profile redevelopment opportunity or repurpose of an existing 4890 square foot building is available along the ring road of Francis Scott Key Mall. The site is well positioned among national retail synergy and offers outstanding access and visibility to Urbana Pike.
    Insight Report Location Intelligence

    Current Use by Public Records

    Applebee's Grill + Bar Restaurant

    Suggested Use

    Restaurant Law Firm Dental Office Building Supply Realty agency Spa & Massage Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4027412
    Latitude
    39.3843478

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    FAQs

    What type of property is this?
    Retail space - High-profile redevelopment or repurpose opportunity near Francis Scott Key Mall.
    Where is this retail space located?
    The property is located at 5613 Spectrum Dr Frederick, MD.
    What are key features of this property?
    This property features: - High-profile redevelopment opportunity; - Repurpose of existing building is possible; - Located along the ring road of Francis Scott Key Mall
    (443) 223-0662
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    5613 Spectrum Dr Frederick, MD 21703
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    Frederick, MD 21703
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    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
    5613 Spectrum Dr Frederick, MD 21703
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