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Property summary
This exceptional retail pad site, located at 500 W Patrick St, Frederick, MD 21701, presents a rare opportunity for businesses seeking high visibility and a thriving location. Zoned Downtown Business (DB), this single-tenancy pad site is ideal for retail or restaurant use. The property boasts unparalleled access to the vibrant heart of Downtown Frederick, a bustling area known for its unique boutiques, diverse dining options, and rich cultural experiences. Its proximity to scenic parks,… including the Carroll Creek Promenade, offers a desirable work-life balance. Furthermore, the site benefits from its close proximity to key attractions such as the Delaplaine Arts Center, the National Museum of Civil War Medicine, and the Frederick Fairgrounds, ensuring high foot traffic and exposure. Frederick's significant growth over the past decade, ranking among the highest in the Washington, DC MSA, makes this an exceptional investment opportunity in a rapidly expanding market. The cross street is W South Street. This property offers an unparalleled chance to establish a successful business within a dynamic and amenity-rich environment. The site's strategic location and zoning make it perfectly suited for a variety of retail or restaurant concepts.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 8 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 7,880 SF
- Lot area
- 0.95 ac
- Year built
- 1961
- Stories
- 2
- APN
- 02-135132
- Zoning
- DB
- Assessed value · 2023
- $1,005,700
- Annual tax · 2023
- $18,829
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $18,829
- Selected cap rate
- Retail Stores
- Commercial (general) · current use
- Industrial (general)
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Frederick market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
DB (Downtown Commercial / Residential) The DB district is intended to encourage the development of the Center City's commercial areas. It allows most office and retail activities as well as high density residential uses.…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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