Technical
Financial
Distress signals
Property profile

1009 Patrick St Frederick, MD 21702

OFF-MARKET
Banks
Property ID
US40-0613020
4,000 SF 0.3 ac lot Built 1986
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,000 SF
Lot 0.3 ac (13,068 SF)
Zoning code GC
APN 02-604199
UPID US40-0613020

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
  • Department Store

Location

1009 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
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

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
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