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    Property profile & analytics

    1007 Patrick St Frederick, MD 21701

    • Distribution properties
    • 1,168 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-1389359
    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

    • Outback Steakhouse / American Restaurant / Australian Restaurant

    Property Details for 1007 Patrick St

    Year built
    1946
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.13 lot acres
    Property size
    1,168 SF
    Zone code
    GC
    Property type
    Distribution properties
    APN
    02-065835
    APU
    2065835

    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
    -77.3904
    Latitude
    39.409
    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
    $2,463
    $0.00
    $0.00
    $130,033
    -
    $88,100
    $69,200
    $157,300

    Comparable in this City

    • Value Estimation by Request
      1,344 SF

      215 St

      COM AUTO TRANS/STORAGE • 1,344 SF
      215 St, Frederick, MD 21701-5320
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    • Value Estimation by Request
      2,940 SF

      Wisner St

      COM AUTO TRANS/STORAGE • 2,940 SF
      Wisner St, Frederick, MD 21701
      View Details
    • Value Estimation
      $140,000
      1,840 SF

      236 Dill Ave

      COM AUTO TRANS/STORAGE • 1,840 SF
      236 Dill Ave, Frederick, MD 21701-4906
      View Details
    • Value Estimation by Request
      1,564 SF

      Carroll Pkwy

      COM AUTO TRANS/STORAGE • 1,564 SF
      Carroll Pkwy, Frederick, MD 21701
      View Details
    • Value Estimation by Request
      2,660 SF

      39 Degrange St

      COM AUTO TRANS/STORAGE • 2,660 SF
      39 Degrange St, Frederick, MD 21701
      View Details
    • Value Estimation
      $630,000
      2,222 SF

      236 Dill Ave

      COM AUTO TRANS/STORAGE • 2,222 SF
      236 Dill Ave, Frederick, MD 21701-4906
      View Details

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    • $15 SF/Yr
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    Property Visit Statistics

    • Visits by month
      22.1k
    • Visitors by month
      19.1k
    • Avg Time on site
      57 min
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    1007 Patrick St
    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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