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Financial
Distress signals
Property profile

224 N Church St Thurmont, MD 21788

FOR LEASE
Retail space
Property ID
US40-0315155
6,520 SF 3.14 ac lot Built 1971
Last sale Oct 2021 · $4,815,000
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.
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Market Trends Soon
224 N Church St, Thurmont, MD 21788 For Lease 1 / 4
Contact for pricing 6,048 SF available
224 N Church St, Thurmont, MD 21788
View Listing

Property summary

AI-generated overview

The property is a retail suite located in a strip mall in Thurmont, Maryland, within an established neighborhood retail center. The center includes on-site customer parking and an active mix of retail and service tenants, including both national and local businesses. The specific size, layout, and interior features of the individual suite are not provided, but the building is configured for retail use within the strip mall setting.

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.

Debts

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?
$48k
Tax billed · 2023
Assessed value$3.14M
Assessed land$482k
Assessed improvement$2.66M
Effective rate1.52%

Value estimate

· Oct 2026
$6.02M
$5.41M – $6.62M
AI approach$6.21M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$223/SF
County average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$84 – $366

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GB
Support Structures: Permitted in the TB, GB, I, OI & OS Districts B. Co-location on existing Towers: Permitted in all districts. C. New T...
General categoryCOMMERCIAL
JurisdictionFREDERICK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.4
Parking Facility10.9
HVAC Service10.9

Location

224 N Church St Thurmont, MD 21788
County assessor Recorded deeds · 5 transfers 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9 Main, Thurmont, MD 21788 $187,500 Dec 2024 3,936 SF
131 Frederick, Thurmont, MD 21788-1813 $2,237,121 May 2022 6,831 SF
21 Main, Thurmont, MD 21788-2007 $218,000 Jan 2022 6,930 SF
140 Frederick, Thurmont, MD 21788-1865 $2,325,000 Nov 2021 15,000 SF
15 Main, Thurmont, MD 21788-2007 $550,000 May 2021 8,144 SF
202 Main, Thurmont, MD 21788-2060 $1,490,000 Nov 2019 2,552 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

Comparable nearby

  • Value Estimation
    $2,110,000
    6,831 SF
    131 Frederick Rd
    RETAIL STORES (PERSONAL SERVICES)
    131 Frederick Rd, Thurmont, MD 21788-1813
    View Details
  • Value Estimation
    $750,000
    6,890 SF
    27 Water St
    RETAIL STORES (PERSONAL SERVICES)
    27 Water St, Thurmont, MD 21788-1913
    View Details
  • Value Estimation
    $620,000
    8,144 SF
    15 Main St
    RETAIL STORES (PERSONAL SERVICES)
    15 Main St, Thurmont, MD 21788-2007
    View Details
  • Value Estimation
    $440,000
    4,535 SF
    428 Church St
    CONVENIENCE STORE
    428 Church St, Thurmont, MD 21788-1643
    View Details
  • Value Estimation
    $1,070,000
    9,500 SF
    14802 Franklinville Rd
    RETAIL STORES (PERSONAL SERVICES)
    14802 Franklinville Rd, Thurmont, MD 21788-1108
    View Details
  • Value Estimation
    $515,000
    4,340 SF
    11 Water St
    RETAIL STORES (PERSONAL SERVICES)
    11 Water St, Thurmont, MD 21788-1913
    View Details
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