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    Property profile & analytics

    5425 Urbana Pike Frederick, MD 21701

    • Outlet malls
    • 43,256 SF
    • 15.33 lot acres
    For Lease
    View listing
    Value Estimation
    Last Sale
    May 05, 2024
    $30,000,000
    Location Intelligence
    Property ID
    US40-2354374
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sierra / Department Store / Children'S Clothing Store
    • Riverview Plaza / Shopping Mall
    • Old Navy / Children'S Clothing Store / Clothing Store
    • Change Lock Cylinder Frederick / Corporate Office

    Property Details for 5425 Urbana Pike

    Year built
    1998
    Construction
    BRICK
    Lot size
    15.33 lot acres
    Property size
    43,256 SF
    Zone code
    GC MM
    Property type
    Outlet malls
    APN
    28-582536
    APU
    28582536

    Description

    Riverview Plaza, located at 5425 Urbana Pike in Frederick, Maryland (zip code 21701), presents a significant retail leasing opportunity in Frederick County. This multi-tenant commercial property boasts a total of 33,429 square feet, currently entirely vacant and available for lease. The building is comprised of two suites, offering flexible space options to suit various business needs. Businesses seeking a smaller footprint can lease a minimum of 9,260 square feet, while larger tenants can occupy up to 24,169 contiguous square feet. The property's strategic location on Urbana Pike provides excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The entire 33,429 square feet is available for lease, presenting a unique chance for a single large tenant or the possibility of dividing the space to accommodate multiple businesses. This prime retail space in Frederick, MD offers a compelling opportunity for growth and success. Interested parties are encouraged to inquire for further details and leasing information. The property is situated at latitude 39.3850686 and longitude -77.4007126.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.3969
    Latitude
    39.3805
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $159,865
    $0.00
    $0.00
    $13,436,067
    -
    $8,013,300
    $5,529,400
    $13,542,700

    Comparable in this City

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      24,092 SF

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      5604 Buckeystown Pike

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      7400 Guilford Dr

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      $95,000
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      7210 Guilford Rd

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      7210 Guilford Rd, Frederick, MD 21704-5167
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      149,863 SF

      10 Walser Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 149,863 SF
      10 Walser Dr, Frederick, MD 21704-7219
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    • Value Estimation by Request
      114,500 SF

      5517 Urbana Pike

      WHOLESALE OUTLET, DISCOUNT STORE • 114,500 SF
      5517 Urbana Pike, Frederick, MD 21704-7277
      View Details

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    Frederick, MD 21701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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