Auto Repair Facility with
For Sale
Contact for pricing
499 W PATRICK STREET, Frederick, MD 21701
Garage space, vehicle access, and administrative areas accommodate automotive service operations.
Property Size2,095 SF
Price / SF$4.77
Days on Market11
Property Features for 499 W PATRICK STREET
General Information
Standard status
Active
Size
2,095 SF
Total Parking Spaces
70
Property subtype
Commercial
Additional Details
Automotive Uses
auto repair, detailing
Real Estate Included
Yes
Amenities
offices
Building Details
Year Built
1963
Listing Agency:
Keller Williams Realty
(703) 679-1700
Listed By:
Angelo D Gaydardzhiev · License #644746
(703) 543-9566
Source:
Cummingsrealtors
Added: Oct 20
Changed: Oct 29
Last Checked: Oct 28 at 7:01AM
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
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Investment Insights
Based on property information with market context.
Located at 499 W Patrick Street in Frederick, Maryland, this automotive repair property combines garage space with two on-site offices. Its configuration supports vehicle-related work such as repairs, maintenance, and detailing, with space for administrative functions at the same location.
The site includes 70 parking spaces and vehicle access. Built in 1963, the property brings service, office, and parking components together for an automotive operation.
The site includes 70 parking spaces and vehicle access. Built in 1963, the property brings service, office, and parking components together for an automotive operation.
Key Highlights
- Automotive repair property with garage space and vehicle access
- Two on‑site offices
- 70 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,184
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,680
$323.7K
Cap Rate 7%
$231,200
$231.2K
Cap Rate 9%
$179,822
$179.8K
Market Conditions
NOI Build-Up for 2,095 SF
Gross rent
$24.6K $11.74/SF
− Vacancy
−$1.5K −$0.70/SF
EGI
$23.1K $11.04/SF
− OpEx
−$6.9K −$3.31/SF
NOI
$16.2K $7.72/SF
Area
Frederick County, MD
Vacancy
6.00%
Lease Rate
$11.74 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,680
Cap Rate 7%
$231,200
Cap Rate 9%
$179,822
Alternative Uses
Best Use
Retail
$326.0K
$285.3K – $380.3K
NOI $22,820 @ 7.0% cap · market cap 228.20%
Second Best
Industrial
$231.2K
$202.3K – $269.7K
NOI $16,184 @ 7.0% cap · market cap 161.84%
Theoretical Best
Specialty Retail
$776.3K
$679.3K – $905.7K
NOI $54,341 @ 7.0% cap · market cap 543.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,104
Businesses Nearby
106k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 43%
McDonald's
Dining
30,779 visits/mo
0.5 miles
Dollar Tree
Shops & Services
26,933 visits/mo
0.4 miles
Dunkin' Donuts
Dining
9,747 visits/mo
0.4 miles
Exxon
Shops & Services
7,747 visits/mo
0.5 miles
Waffle House
Dining
7,271 visits/mo
0.3 miles
Demographics for 21701, MD
39,629
Population
18,914
Households
2.1
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
39.7 sq mi
ZIP Area
998
Density / Sq Mi
$102,306
Median Household Income
$59,381
Median Earnings
$1,607
Median Rent
$404,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- The Lube Center — 421 S Jefferson St, Frederick, MD 21701
- Reed's Auto Clinic Llc — 305 Braddock Ave, Frederick, MD 21701
- AUTOWORX — 525 Pearl St, Frederick, MD 21701
- Automotive Repair & Fabrication Martin Customs — 525 Pearl St, Frederick, MD 21701
- Transmission Repair Group — 305 Braddock Ave, Frederick, MD 21701
Frequently Asked Questions
What type of property is this?
Auto shop - Garage space, vehicle access, and administrative areas accommodate automotive service operations.
Where is this auto shop located?
The property is located at 499 W PATRICK STREET Frederick, MD.
What are key features of this property?
This property features: Automotive repair property with garage space and vehicle access; Two on‑site offices; 70 parking spaces
