Realmo Analytics

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Property profile

1003 Patrick St Frederick, MD 21702

OFF-MARKET
Retail space
Property ID
US40-1076490
12,960 SF 0.98 ac lot Built 1991
Last sale Oct 2019 · $22,800,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Frederick County Square is a multi-tenant retail shopping center comprising approximately 227,000 square feet of gross building area. The property is located in the “Golden Mile” area along Route 40 in Frederick, Maryland, and is arranged to include major anchor tenants and in-line retail spaces within the shopping center environment. Identified anchors include Lidl, Ollie’s, Harbor Freight, and Wawa, along with an additional shadow anchor.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$1.27M
Assessed land$736k
Assessed improvement$533k
Effective rate1.86%

Value estimate

· Oct 2026
$1.39M
$1.25M – $1.53M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$280/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$155 – $435
Qualifying comparables4

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?
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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply38.0
Wholesale Shop34.5
Realty agency32.8

Location

1003 Patrick St Frederick, MD 21702-3939
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales 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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1215 Patrick, Frederick, MD 21702-3905 $7,350,000 Aug 2024 59,352 SF
1460 Patrick, Frederick, MD 21702-4915 $4,700,000 Mar 2024 13,640 SF
1000 Key, Frederick, MD 21702-4056 $2,989,950 Nov 2020 11,150 SF
102 Baughmans, Frederick, MD 21702-4011 $2,225,000 May 2019 2,765 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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