Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    23543 FREDERICK Rd Clarksburg, MD 20871

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,350,000

    3.21 acre land parcel suitable for various commercial/residential uses.

    Type:Land
    Lot size:
    3.21 Acres
    Added:
    Apr 28, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 28 at 3:34 pm

    Property Features for 23543 FREDERICK Rd

    General Information

    Standard status
    Active
    Lot size
    3.21 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Fei Wang

    Listing agent Fei Wang

    Listing office CapStar Properties

    Listing date Apr 28, 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 CapStar Properties

    Overview

    Commercial/Residential Land on Frederick Rd

    This 3.21-acre land parcel is suitable for commercial and residential development. The property, located on Frederick Road (MD Rt 355), has a maximum Floor Area Ratio (FAR) of 104,871 square feet, divided into R=69,914 SF and C=34,957 SF. The zoning is CRT-0.75; C- 0.25; R-0.5; H-65T, with an overlay zone of Clarksburg East Environmental. Open space accounts for over 80% of the lot area, and impervious surface is less than 15% of the lot area. Permitted uses include residential options such as single-unit, two-unit (duplex), townhouse, multi-unit, and residential care facilities. Civic and institutional uses include day care centers and religious assemblies. Commercial uses include restaurants, clinics and dental offices, medical and dental laboratories, offices, research and development facilities, structured parking, conference centers, health clubs and facilities, and retail/service establishments. Intended uses for the property include adult day care, independent and assisted senior living, and a doctor’s office. The location has a walk score of 50, indicating it is car-dependent, and a bike score of 38, indicating it is somewhat bikeable.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarksburg
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.2849242
    Latitude
    39.2437188

    Nearby Similar for Sale

    • $160,000

      Clarksburg Land Near I-270

      0.65-acre lot near I-270, Clarksburg Town Center, and outlets.
      14208 LEWISDALE Road, CLARKSBURG, MD 20871
      View Details
    • $1,399,900
      4,574 SF

      Updated Horse Farm with IndoorRing

      Updated horse farm with indoor riding ring and spacious residence.
      26410 Haines Rd, CLARKSBURG, MD 20871
      View Details
    • $1,750,000

      Commercial Land on MD-355

      2.64 acres of commercial land in rapidly growing Clarksburg.
      23529 Frederick Rd, CLARKSBURG, MD 20871
      View Details
    • $2,350,000

      Commercial and Residential Land Opportunity

      3.21 acre land parcel suitable for various commercial uses.
      23543 Frederick Road, Clarksburg, MD 20871
      View Details
    • $160,000

      Prime Clarksburg Location Land Parcel

      0.65-acre lot near I-270, Clarksburg Town Center, and outlets.
      14208 Lewisdale Rd, CLARKSBURG, MD 20871
      View Details
    • $449,990

      Condo in 55+ Community

      Comfortable one-bedroom condo with community amenities in Clarksburg.
      13240 PETREL ST #106, CLARKSBURG, MD 20871,
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.21 acre land parcel suitable for various commercial/residential uses.
    Where is this commercial land located?
    The property is located at 23543 FREDERICK Rd Clarksburg, MD.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: Versatile Zoning: CRT‑0.75; C‑0.25; R‑0.5; H‑65T allows for a wide range of uses.; High Development Potential: FAR max of 104,871 SF provides significant development capacity.; Large Lot Size: 3.21 acres offers ample space.
    (703) 475-3142
    We can help!
    Listing Contact
    Fei Wang
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!