Property profile

1007 Patrick St Frederick, MD 21702

OFF-MARKET
Turn key restaurants
Property ID
US40-1766242
6,224 SF 0.26 ac lot Built 1993
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1993
Total area 6,224 SF
Lot 0.26 ac (11,326 SF)
Zoning code GC
APN 02-604198
UPID US40-1766242

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1007 Patrick St Frederick, MD 21702-3903
Frederick metro Census 750504 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$655k
Blend (final) Blend
$660k

Owner & transaction history

Zoning & alternative use

GC · Frederick, MD
Zoning description

A. All uses permitted in the GC General Commercial District, and B. Multi-family residential dwellings which may be permitted provided the requirements set forth in (d)(1) below are met. Under no circumstances shall resi…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1007 Patrick St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message