Retail and Office Business
3535 Urbana Pike Frederick, MD 21704
New
3535 Urbana Pike, Frederick, MD, 21704
$2,500,000
For Sale
$2,500,000
Business and retail suites with strong signage on Urbana Pike near easy access to I-270 and backing to the Village of Urbana.
Property Size5,878 SF
Price / SF$425.31
Days on Market3
Property Features for 3535 Urbana Pike
General Information
- Standard status
- Active
- Size
- 5,878 SF
Building Details
- Year Built
- 1950
Listing agency
Keller Williams Realty Centre
(301) 524-2887
Listed by
Robert J Krop · License #35299
Source
Kandorre
Added: Jul 20 Updated: Jul 21 at 1:24PM Checked: Jul 21 at 1:24PM
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 Keller Williams Realty Centre
Investment Insights
Based on property information with market context.
This offering features professional business and retail suites at 3535 Urbana Pike in Frederick, Maryland. The property is set up for flexible occupancy within Village Commercial zoning, which allows for a large number of uses. Signage is positioned directly on Urbana Pike for street-facing visibility.
The location provides convenient access to I-270 and sits right off MD-355, supporting straightforward customer and client access. The property also backs to the Villages of Urbana.
For buyers evaluating multi-use commercial space, this configuration combines business and retail suite options with frontage signage on Urbana Pike and zoning flexibility under the Village Commercial designation.
The location provides convenient access to I-270 and sits right off MD-355, supporting straightforward customer and client access. The property also backs to the Villages of Urbana.
For buyers evaluating multi-use commercial space, this configuration combines business and retail suite options with frontage signage on Urbana Pike and zoning flexibility under the Village Commercial designation.
Key Highlights
- Business and retail suites near Urbana Pike (US‑355) with strong signage on 355
- Professional Business and Retail suites in Urbana with convenient access to I‑270
- Property backs to the Villages of Urbana
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $182.0k | $30.96 |
| − Vacancy | −$38.4k | −$6.53 |
| EGI | $143.6k | $24.43 |
| − OpEx | −$35.9k | −$6.11 |
| NOI | $107.7k | $18.32 |
5,878 SF · lease $30.96/SF/yr · vacancy 21.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.54M
$1.35M – $1.79M
NOI $107,688 @ 7.0% cap · market cap 4.31%
Second Best
Retail
$914.7K
$800.3K – $1.07M
NOI $64,027 @ 7.0% cap · market cap 2.56%
Theoretical Best
Specialty Retail
$2.18M
$1.91M – $2.54M
NOI $152,466 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sierra Construction
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Business and retail suites with strong signage on Urbana Pike near easy access to I-270 and backing to the Village of Urbana.
Where is this office units located?
The property is located at 3535 Urbana Pike Frederick, MD.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Business and retail suites near Urbana Pike (US‑355) with strong signage on 355; Professional Business and Retail suites in Urbana with convenient access to I‑270; Property backs to the Villages of Urbana
