Second-Level Office
3536 WORTHINGTON BOULEVARD #201, Frederick, MD 21704
For Sale
Contact for pricing
Interior commercial suite with double-door entry and shared parking in the Villages of Urbana town center.
Property Size900 SF
Price / SF$1.50
Days on Market98
Property Features for 3536 WORTHINGTON BOULEVARD #201
General Information
Standard status
Size
Property subtype
Additional Details
Floor
Highway Access
Building Details
Year Built
Listing Agency:
Libra Realty, LLC
(301) 972-5588
Listed By:
Xinsheng Zhao Sr. · License #524105
(202) 413-4468
Source:
Cummingsrealtors
Added: Aug 3
Changed: Nov 6
Last Checked: Nov 8 at 6:23AM
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 Libra Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 900 SF interior office unit occupies the second level of a commercial townhouse at the Villages of Urbana town center. Built in 2015, the space has double-door entrances and a layout suited to office, retail, spa, or classroom use as described in the property information.
The property is near a shopping center, bank, and restaurant, with access to I-270 and Road 355. Shared parking is available for customers, staff, and visitors. The unit is located at 3536 Worthington Boulevard #201 in Frederick, Maryland.
The property is near a shopping center, bank, and restaurant, with access to I-270 and Road 355. Shared parking is available for customers, staff, and visitors. The unit is located at 3536 Worthington Boulevard #201 in Frederick, Maryland.
Key Highlights
- 900 SF second‑level office unit in a commercial townhouse
- Double‑door entrances provide direct access to the interior suite
- Built in 2015
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,803
Suggested Prices Based on Cap Rates
Cap Rate 5%
$196,060
$196.1K
Cap Rate 7%
$140,043
$140.0K
Cap Rate 9%
$108,922
$108.9K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$14.4K $15.96/SF
− Vacancy
−$359 −$0.40/SF
EGI
$14.0K $15.56/SF
− OpEx
−$4.2K −$4.67/SF
NOI
$9.8K $10.89/SF
Area
Frederick County, MD
Vacancy
2.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$196,060
Cap Rate 7%
$140,043
Cap Rate 9%
$108,922
Alternative Uses
Best Use
Office B
$235.6K
$206.1K – $274.8K
NOI $16,489 @ 7.0% cap · market cap 1,221.41%
Second Best
Retail
$140.0K
$122.5K – $163.4K
NOI $9,803 @ 7.0% cap · market cap 726.15%
Theoretical Best
Specialty Retail
$333.5K
$291.8K – $389.1K
NOI $23,345 @ 7.0% cap · market cap 1,729.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
Explore this area
Business Placement
Demographics for 21704, MD
19,275
Population
6,230
Households
3.1
Avg Household Size
37
Median Age
58%
College-Educated
96%
High-School Grad
26.6 sq mi
ZIP Area
725
Density / Sq Mi
$164,457
Median Household Income
$82,145
Median Earnings
$2,395
Median Rent
$585,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office Units in Frederick, MD
Properties on Market for Office Units in Frederick
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Interior commercial suite with double-door entry and shared parking in the Villages of Urbana town center.
Where is this office unit located?
The property is located at 3536 WORTHINGTON BOULEVARD #201 Frederick, MD.
What are key features of this property?
This property features: 900 SF second‑level office unit in a commercial townhouse; Double‑door entrances provide direct access to the interior suite; Built in 2015
