Stand-Alone Office
For Sale
$1,600,000
6008 Fair Oaks Dr, Frederick, MD 21703
Second-floor office space is available in a stand-alone building with on-site parking and multiple office rooms.
Property Size7,844 SF
Lot Size0.68 Acres
Price / SF$203.98
Days on Market140
Property Features for 6008 Fair Oaks Dr
General Information
Standard status
Active
Size
7,844 SF
Total Parking Spaces
12
Lot size
0.68 Acres
Zoning
ORI
Additional Details
Heavy Power
Yes
Office Units
5
Building Details
Year Built
2011
Listing Agency:
Mackintosh, Inc.
Listed By:
Nancy A Green · License #512471
(301) 748-3321
Source:
Riverfoxrealty
Added: Jun 3
Changed: Oct 16
Last Checked: Oct 5 at 11:58PM
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 Mackintosh, Inc.
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Investment Insights
Based on property information with market context.
6008 Fair Oaks Drive is a stand-alone office building totaling 7,844 SF on a 29,620 SF lot. The first floor is fully leased with income, while the second floor is available for lease and can accommodate up to 12 parking spaces. The property includes five offices, LED lighting, air conditioning in the work area and office, and a dedicated restroom on the second floor.
The building is situated on a 3/4-acre lot and includes a storage shed. The property is served by 3-phase electric, and it has a large kitchen area. Water service is supported by a well, and wastewater is handled by septic.
For tenants or buyers seeking an office configuration with defined rooming and practical on-site amenities, the available second-floor space offers a straightforward workplace layout, with dedicated restroom facilities and an employee-ready kitchen area. The ORI zoning supports office research and industrial-type activity, providing flexibility for appropriate office uses within the existing building improvements.
The building is situated on a 3/4-acre lot and includes a storage shed. The property is served by 3-phase electric, and it has a large kitchen area. Water service is supported by a well, and wastewater is handled by septic.
For tenants or buyers seeking an office configuration with defined rooming and practical on-site amenities, the available second-floor space offers a straightforward workplace layout, with dedicated restroom facilities and an employee-ready kitchen area. The ORI zoning supports office research and industrial-type activity, providing flexibility for appropriate office uses within the existing building improvements.
Key Highlights
- Stand‑alone building built in 2011 offers 7,844 SF on a 29,620 SF (0.68‑acre) lot
- Second‑floor office space available for lease with up to 12 parking spaces
- ORI (Office Research Industrial) zoning; first floor is fully leased with income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,707
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,874,140
$2.9M
Cap Rate 7%
$2,052,957
$2.1M
Cap Rate 9%
$1,596,744
$1.6M
Market Conditions
NOI Build-Up for 7,844 SF
Gross rent
$242.9K $30.96/SF
− Vacancy
−$51.2K −$6.53/SF
EGI
$191.6K $24.43/SF
− OpEx
−$47.9K −$6.11/SF
NOI
$143.7K $18.32/SF
Area
Frederick County, MD
Vacancy
21.10%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,874,140
Cap Rate 7%
$2,052,957
Cap Rate 9%
$1,596,744
Alternative Uses
Best Use
Office B
$2.05M
$1.80M – $2.40M
NOI $143,707 @ 7.0% cap · market cap 8.98%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.91M
$2.54M – $3.39M
NOI $203,460 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
5
Office units
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Explore this area
Business Placement
Demographics for 21703, MD
41,138
Population
15,773
Households
2.6
Avg Household Size
35
Median Age
43%
College-Educated
92%
High-School Grad
32.0 sq mi
ZIP Area
1,286
Density / Sq Mi
$105,293
Median Household Income
$56,791
Median Earnings
$1,887
Median Rent
$364,300
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor office space is available in a stand-alone building with on-site parking and multiple office rooms.
Where is this office unit located?
The property is located at 6008 Fair Oaks Dr Frederick, MD.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Stand‑alone building built in 2011 offers 7,844 SF on a 29,620 SF (0.68‑acre) lot; Second‑floor office space available for lease with up to 12 parking spaces; ORI (Office Research Industrial) zoning; first floor is fully leased with income
