Financial
Distress signals
Property profile

7415 Grove Rd Frederick, MD 21704

FOR LEASE
Other warehouses
Property ID
US40-1225284
7,200 SF 0.99 ac lot Built 1966
Last sale Apr 2022 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is located next to FSK Mall and is positioned along access routes 70 and 355. It is suitable for retail, auto, or industrial uses, and it sits within a surrounding retail area that includes Lowe’s directly adjacent, with additional nearby retailers and services such as Walmart, Costco, and Onelife Fitness. The site is approximately 2 miles from the Brickworks development, which includes a Whole Foods.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$669k
Effective rate1.25%

Value estimate

· Sep 2026
$1.38M
$1.24M – $1.51M
CAP approach$1.04M
NOI build-up
Gross scheduled income$129k
Vacancy & credit loss−$8k
Operating expenses−$36k
NOI · 849,740.00% cap applied$85k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$139/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$95 – $211

Cap rate analysis

How does the asset earn?
849,740.00%
$85k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GC
A. All uses permitted in the GC General Commercial District, and B. Multi-family residential dwellings which may be permitted provided th...
General categoryCOMMERCIAL
JurisdictionFREDERICK

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store11.5
Garden Center10.2
Storage Facility10.1

Location

7415 Grove Rd Frederick, MD 21704
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4537 Metropolitan, Frederick, MD 21704-9452 $8,500,000 Oct 2024 3,200 SF
7435 Grv, Frederick, MD 21704-7217 $9,000,000 May 2024 2,656 SF
1539 Tilco Dr, Frederick, MD 21704-6724 $800,000 Jan 2024 4,348 SF
1513 Tilco, Frederick, MD 21704-6659 $2,200,000 Sep 2022 7,200 SF
4539 Metropolitan, Frederick, MD 21704-9452 $3,000,000 Nov 2021 9,720 SF
7307 Grv, Frederick, MD 21704-7215 $6,500,000 Oct 2019 13,905 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message