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Property profile & analytics
OFF-MARKET
Land

31 Thomas Johnson Dr Frederick, MD 21702

1.06 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 1.06 ac (46,174 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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