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    Property profile & analytics

    1003 Patrick St Frederick, MD 21702

    • Retail space
    • 12,960 SF
    • 0.98 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US40-1076490
    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

    • Ollie's Bargain Outlet / Mattress Store / Discount Store
    • UPS Access Point location / Shipping And Mailing Service / Mailing Service
    • Patrick Street Goodwill Retail Store and Donation Center / Non-Profit Organization
    • ZIPS Cleaners / Dry Cleaner / Tailor
    • Gogigo Korean BBQ - Frederick,MD / Korean Barbecue Restaurant / Barbecue Restaurant

    Property Details for 1003 Patrick St

    Year built
    1991
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.98 lot acres
    Property size
    12,960 SF
    Zone code
    GC
    Property type
    Retail space
    APN
    02-046288
    APU
    2046288

    Description

    This exceptional retail opportunity, Frederick County Square, presents 227,000 square feet of prime commercial space located at 1003 W Patrick St, Frederick, MD 21702, in Frederick County. The property is a multi-tenant community center offering five individual suites, with a range of sizes perfect for a variety of businesses. Currently, there are 15,784 square feet of vacant space available, divisible into units as small as 1,542 square feet, and offering contiguous spaces up to 6,006 square feet. This allows for flexibility to accommodate businesses of various scales and needs. The property's strategic location in Frederick, Maryland, provides excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. The building's design and layout are conducive to a thriving retail environment, making it an ideal location for businesses seeking to establish or expand their presence in a vibrant and growing community. This is a rare opportunity to secure retail space in a well-established center with significant potential for growth and success. Contact us today to learn more about leasing opportunities and explore the possibilities for your business at Frederick County Square.

    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
    -77.4419
    Latitude
    39.4174
    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
    $23,572
    $736,300
    $533,200
    $1,269,500
    -
    $736,300
    $533,200
    $1,269,500

    Comparable in this City

    • Value Estimation by Request
      7,076 SF

      6905 Baltimore National Pike

      RETAIL STORES (PERSONAL SERVICES) • 7,076 SF
      6905 Baltimore National Pike, Frederick, MD 21702-3610
      View Details
    • Value Estimation
      $1,060,000
      1,425 SF

      1440 Patrick St

      RETAIL STORES (PERSONAL SERVICES) • 1,425 SF
      1440 Patrick St, Frederick, MD 21702-3750
      View Details
    • Value Estimation by Request
      1,360 SF

      1818 Rosemont Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,360 SF
      1818 Rosemont Ave, Frederick, MD 21702-8218
      View Details
    • Value Estimation
      $4,650,000
      13,640 SF

      1460 Patrick St, Unit B

      RETAIL STORES (PERSONAL SERVICES) • 13,640 SF
      1460 Patrick St, Frederick, MD 21702-4915
      View Details
    • Value Estimation by Request
      12,000 SF

      50 Mccain Dr

      RETAIL STORES (PERSONAL SERVICES) • 12,000 SF
      50 Mccain Dr, Frederick, MD 21702-3967
      View Details
    • Value Estimation
      $290,000
      3,305 SF

      285 Montevue Ln

      RETAIL STORES (PERSONAL SERVICES) • 3,305 SF
      285 Montevue Ln, Frederick, MD 21702-8211
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1,542 SF

      Retail Space in Renovated Center

      Retail space available in a well-located, anchored shopping center.
      107 Baughmans Ln, Frederick, MD 21702
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      4,770 SF

      Freestanding Building on Golden Mile

      4,770 SF retail building with high visibility and signage.
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      3,424 SF

      Frederick Retail Space For Lease

      Prime Frederick location, 3,424 sq ft restaurant space.
      1275 Patrick St, Frederick, MD 21702
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    • Contact for pricing
      227,000 SF

      Frederick County Retail Center

      Prime Frederick retail space available.
      1003 Patrick St, Frederick, MD 21702
      View Details
    • Contact for pricing
      227,382 SF

      Frederick County Retail Center

      Prime Frederick location, multiple suites available.
      1003 Patrick St, Frederick, MD 21702
      View Details
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    1003 Patrick St
    Frederick, MD 21702
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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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