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    31 Thomas Johnson Dr Frederick, MD 21702

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    For Lease
    Contact for pricing

    1.06-acre commercial lot, ideal for fast food or bank.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.06-acre commercial land lease presents a remarkable development opportunity in Frederick County, Maryland. Situated at 31 Thomas Johnson Drive, this level lot boasts unparalleled visibility and accessibility, directly benefiting from the newly constructed Route 15 North interchange. The property's strategic location places it within Frederick's thriving commercial hub, surrounded by established businesses such as PNC Bank, SpringHill Suites by Marriott, and a recently opened Sheetz. This prime location ensures high traffic volume and excellent exposure for any commercial venture. The site is suitable for a variety of uses, including fast-food restaurants and banking institutions. Preliminary schematic plans for these uses are available for review. The single-tenant property offers ample parking. This is a rare opportunity to capitalize on the significant growth and development occurring in this rapidly expanding area of Frederick. The property is located in Frederick, MD, zip code 21702, and is part of Frederick County. Don't miss this chance to secure a prominent location in a high-demand market.

    Property Features for 31 Thomas Johnson Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 1.06‑acre commercial lot in Frederick, MD.
    • Ample parking available.
    • $10,000 monthly rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4042955
    Latitude
    39.4580858

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    FAQs

    What type of property is this?
    Land - 1.06-acre commercial lot, ideal for fast food or bank.
    Where is this land located?
    The property is located at 31 Thomas Johnson Dr Frederick, MD.
    What are key features of this property?
    This property features: 1.06-acre commercial lot in Frederick, MD.; Ample parking available.; $10,000 monthly rent.
    Request Owner's contact information
    31 Thomas Johnson Dr Frederick, MD 21702
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    Frederick, MD 21702
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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
    31 Thomas Johnson Dr Frederick, MD 21702
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