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Freestanding Office/Medical Building For Sale

195 THOMAS JOHNSON Dr, Frederick, MD 21702

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For Sale

$3,250,000

10,600 SF office/medical building with on-site parking and natural light.

Type:Commercial

Property size:

10,600 SF

Price / SF:

$306/SF

Listing Contact

Ashleigh Laura Sutton Rossi

Real Estate License ID: 659717

HighLights

Freestanding 10,600 SF building offers independence and prominent visibility.
Approximately 5,000 SF recently updated for medical/professional office use.
Onsite parking available.
Flexible layout suits medical, dental, professional office, or daycare use.
Excellent walk score (94) indicates convenient access to amenities.
High bike score (81) promotes eco‑friendly commuting.

Learn more

For Sale

$3,250,000

10,600 SF office/medical building with on-site parking and natural light.

Type:Commercial

Property size:

10,600 SF

Price / SF:

$306/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 4:07 pm

Property Features for 195 THOMAS JOHNSON Dr

General Information

Standard status: Active
Size: 10,600 SF
Property subtype: Commercial

Building Details

Year Built: 1979

We can help!

Listing Contact

Ashleigh Laura Sutton Rossi

Listing agent Ashleigh Laura Sutton Rossi License #659717

Listing office MacRo, Ltd.

Listing date Apr 24, 2026

Source Elliman

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 MacRo, Ltd.

HighLights

Freestanding 10,600 SF building offers independence and prominent visibility.
Approximately 5,000 SF recently updated for medical/professional office use.
Onsite parking available.
Flexible layout suits medical, dental, professional office, or daycare use.
Excellent walk score (94) indicates convenient access to amenities.
High bike score (81) promotes eco‑friendly commuting.

Overview

This freestanding 10,600 square foot building is suitable for office or medical use. Approximately 5,000 square feet has been recently updated for medical or professional office use. The flexible layout is ideal for medical, dental, professional office, or daycare users seeking a standalone building with excellent visibility. On-site parking is available. The property benefits from natural light. The property will be available on 2/28/2026. The location has a walk score of 94, indicating it is a walker's paradise. The bike score is 81, indicating it is very bikeable. The transit score is 34, indicating some transit options are available.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$371.4k	$35.04
− Vacancy	−$37.9k	−$3.57
EGI	$333.5k	$31.47
− OpEx	−$133.4k	−$12.59
NOI	$200.1k	$18.88

10,600 SF · lease $35.04/SF/yr · vacancy 10.20% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$2.86M

$2.50M – $3.34M (±1% cap)

NOI $200,123 @ 7.0% cap · market cap 6.16%

Second Best

Office B

$2.77M

$2.43M – $3.24M (±1% cap)

NOI $194,198 @ 7.0% cap · market cap 5.98%

Theoretical Best

Specialty Retail

$3.93M

$3.44M – $4.58M (±1% cap)

NOI $274,947 @ 7.0% cap · market cap 8.46%

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

Location Intelligence

Current Use by Public Records

M&T Bank Mortgage ... Bank Dr. Naaz Ajaz ... Pediatrician Maryland Vision Institute ... Ophthalmologist Doctor's Optical Ophthalmologist Eye Physician & Surgeon Ophthalmologist

Suggested Use

Similar Places Nearby

Yellow Springs Veterinary Clinic — 25 Thomas Johnson Dr, Frederick, MD 21702
Yellow Springs Veterinary Clinic: Barbour Randy DVM — 25 Thomas Johnson Dr, Frederick, MD 21702
Ruppert Geof DVM — 25 Thomas Johnson Dr, Frederick, MD 21702
Kluchurosky Michelle DVM — 25 Thomas Johnson Dr, Frederick, MD 21702

Location Insight

Map
Local Demand

City: Frederick
County: Frederick
State: Maryland
Longitude: -77.4087505
Latitude: 39.4401216

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For sale
Medical Office Space
MD
Frederick
21702
195 THOMAS JOHNSON Dr

What type of property is this?

Medical Office Space - 10,600 SF office/medical building with on-site parking and natural light.

Where is this medical office space located?

The property is located at 195 THOMAS JOHNSON Dr Frederick, MD.

What is the asking price?

The asking price for this property is $3,250,000.

What are key features of this property?

This property features: Freestanding 10,600 SF building offers independence and prominent visibility.; Approximately 5,000 SF recently updated for medical/professional office use.; Onsite parking available.