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    7589 Shields Dr Frederick, MD 21704

    Sponsored
    For Lease
    Contact for pricing

    5.2 Acres, Two Spaces Available

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 5.2-acre pad site, located at 7589 Shields Dr in Frederick, Maryland, presents a remarkable opportunity for retail development. The property is zoned for commercial use and offers two available spaces, ideal for multiple tenants seeking high-visibility locations. Situated in Frederick County, zip code 21704, this land boasts a strategic location with excellent access to major roadways, ensuring high traffic volume and strong potential for customer reach. The expansive lot size provides ample space for building construction and ample parking, catering to the needs of both businesses and their customers. The property's classification as a retail pad site makes it particularly attractive for businesses seeking high-traffic locations with excellent visibility. This is a rare opportunity to acquire a substantial parcel of land in a thriving commercial area. The property's location in Frederick, MD offers access to a robust local economy and a strong consumer base. With its convenient access and ample space, this site is perfectly positioned for success. Serious inquiries are encouraged to explore the possibilities of this prime retail location. The property is currently available for lease. Further details regarding zoning and development possibilities are available upon request. Don't miss this chance to secure a prominent location for your business in a rapidly growing market.

    Property Features for 7589 Shields Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    0 SF
    Space
    Available Space 2
    Size
    0 SF

    HighLights

    • High‑traffic corner location at Urbana Pike (MD Route 355) and Shields Drive, boasting 22,460 average weekday vehicles daily.
    • Ground lease opportunity for retail space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Evergreen Point Village Mobile Home Park

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4052864
    Latitude
    39.387882

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    FAQs

    What type of property is this?
    Land - 5.2 Acres, Two Spaces Available
    Where is this land located?
    The property is located at 7589 Shields Dr Frederick, MD.
    What are key features of this property?
    This property features: High-traffic corner location at Urbana Pike (MD Route 355) and Shields Drive, boasting 22,460 average weekday vehicles daily.; Ground lease opportunity for retail space.;
    Request Owner's contact information
    7589 Shields Dr Frederick, MD 21704
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    Frederick, MD 21704
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    Realmo Value Estimation

    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.

    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.

    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
    7589 Shields Dr Frederick, MD 21704
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