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    1 Wormans Mill Ct Frederick, MD 21701

    • Industrial properties
    • 1,603 SF
    • 0.04 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $340,000
    Last Sale
    Jun 17, 2021
    $254,300
    Location Intelligence
    Property ID
    US40-0896288
    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

    • Federline Products / Manufacturer
    • Yogamour Yoga & Healing Arts Center / Yoga Studio
    • Audio Design Solutions / Video Conferencing Equipment Supplier / Video Conferencing Service
    • Hypnosis Frederick / Hypnotherapy Service
    • Frederick County Teachers Association / Non-Profit Organization

    Property Details for 1 Wormans Mill Ct

    Year built
    1989
    Lot size
    0.04 lot acres
    Property size
    1,603 SF
    Zone code
    M1
    Property type
    Industrial properties
    APN
    02-170949
    APU
    2170949

    Description

    This exceptional 4,767 square foot flex space, encompassing units 12 and 13 at 1 Wormans Mill Ct in Frederick, Maryland, presents a rare opportunity. The property is zoned MI and offers a single-tenant occupancy, ideal for a variety of businesses. Features include one loading dock and one drive-in door, catering to efficient logistics. Its strategic location within the Clemson Corner lifestyle center, just south of a new Wegmans and Lowe's, ensures high visibility and accessibility. The property benefits from its proximity to a new Super Walmart-anchored shopping center and enjoys frontage on Route 355, off Route 26, providing excellent exposure to a high-traffic area. This hard-to-find industrial mixed-use condo building is situated in a highly desirable area, surrounded by new townhomes, a health center, and national retailers, making it an attractive investment for businesses seeking a blend of retail, office, and industrial functionality. The property's versatile nature, combined with its prime location and convenient amenities, makes it an exceptional opportunity for businesses seeking a strategic foothold in a thriving market. The property type is classified as Retail, Office, and Industrial.

    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
    -77.3977
    Latitude
    39.4417
    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
    $3,068
    $50,400
    $117,900
    $168,300
    -
    $50,400
    $117,900
    $168,300

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      INDUSTRIAL (GENERAL) • 2.04 Acres
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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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