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    997 Heather Ridge Dr, Unit 3G Frederick, MD 21702

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    For Sale
    $167,000

    Cozy condo unit in North Frederick with investment potential.

    Building Details

    Year built
    1981

    Source: Property Management People, Inc. Agent Alpha Allan Peterson

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

    Overview

    North Frederick Condo Unit

    Located in North Frederick, this condo unit presents an investment opportunity. The property is near Fort Detrick, Hood College, and Frederick Community College. The unit features an open floor plan with a balcony, two bedrooms, one bathroom, and closet space. It offers strategic access to nearby major cities via close proximity to shopping and the highway. Fresh paint, new carpet, and flooring are in process.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply 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
    -77.4134877
    Latitude
    39.4397403

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    FAQs

    What type of property is this?
    Apartment building - Cozy condo unit in North Frederick with investment potential.
    Where is this apartment building located?
    The property is located at 997 Heather Ridge Dr, Unit 3G Frederick, MD.
    What is the asking price?
    The asking price for this property is $167,000.
    What are key features of this property?
    This property features: - Priced UNDER market value, presenting an immediate investment opportunity.; - Ideal location near Fort Detrick, Hood College, and Frederick Community College.; - Income-earning potential as a rental property.
    (301) 732-6378
    Request Owner's contact information
    997 Heather Ridge Dr, Unit 3G Frederick, MD 21702
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    Frederick, MD 21702
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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
    997 Heather Ridge Dr, Unit 3G Frederick, MD 21702
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