Jefferson Sta Blvd Frederick, MD 21703
- Land
Current Use by Public Records
- Land
Property Details for 0 Jefferson Sta Blvd
- Property type
- Land
Description
This exceptional opportunity presents two prime pad sites (Lots A & D) totaling 3.52 acres within the thriving Jefferson Technology Park in Frederick, Maryland (zip code 21703). Located on Jefferson Station Blvd, these graded lots boast stubbed utilities, ensuring a seamless and efficient development process. Conceptually planned for 34,268 square feet of inline, neighborhood retail, these sites are ideally suited for a variety of uses, including daycare centers and other retail establishments catering to the burgeoning residential community. The surrounding area features a completed 825-unit residential component, including the 228-unit Jefferson Place Apartments and the under-construction 235-unit Harrington Terrace. New construction townhomes are selling rapidly, creating a strong demand for retail services. Further enhancing the area's appeal is a planned 500,000 square foot life science campus slated to begin construction in 2024, and the adjacent Jefferson Distribution Park, which will bring over 1,000 new jobs within walking distance. This translates to a substantial workforce and residential population, creating a high-demand market for retail space. Current market rents for new construction retail in Frederick County are in the low $40s per square foot, with end caps featuring drive-thru capabilities commanding rents as high as $60 per square foot. The property's convenient access to US 340/15 provides excellent visibility and accessibility. This is a rare opportunity to capitalize on the significant growth and development within this dynamic community.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Frederick
- County
- Frederick
- State
- Maryland
- Longitude
- -77.4488
- Latitude
- 39.3966