813 South St Frederick, MD 21701
This exceptional 1.6-acre pad site, located at the signalized intersection of Monocacy Boulevard and E. South Street in Frederick, MD, presents a remarkable opportunity for developers and investors. Boasting 73,054 square feet of developable land, this property offers unparalleled visibility due to its strategic location near Interstate 70. The site is already graded and prepared for construction, significantly reducing development time and costs. Its proximity to Historic Downtown Frederick further enhances its appeal, providing access to a thriving community and established infrastructure. The surrounding area is experiencing significant growth in both retail and residential sectors, creating a robust market for a variety of commercial uses. Potential uses include, but are not limited to, banking facilities, quick-service restaurants with drive-thrus, full-service restaurants, coffee shops, convenience stores, flexible-use spaces, automotive businesses, and light industrial operations. The easy access from both eastbound and westbound I-70 ensures high traffic volume and convenient access for customers and employees. This prime location and prepared site represent a rare opportunity to establish a successful business in a rapidly developing area. The asking price for this exceptional property is $1,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.