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Property profile & analytics
OFF-MARKET Estimated value $1,200,000
Commercial real estate

103 Frederick Rd Thurmont, MD 21788-1866

9,234 SF 3.34 ac lot Built 1970
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US40-1802041
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Construction WOOD FRAME
Total area 9,234 SF
Lot 3.34 ac (145,490 SF)
Zoning code GB
APN 15-325720
UPID US40-1802041
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.00M
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.20M
Owner & transaction history
Criswell Family LLC · 11 yrs held
Criswell Family LLC
since 2015
4 recorded transactions
2015
$559,000
2001
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
GB · Thurmont, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Support Structures: Permitted in the TB, GB, I, OI & OS Districts B. Co-location on existing Towers: Permitted in all districts. C. New Towers: Permitted in the I, OI, and OS Districts. §4.3.4 APPLICATION REQUIREMENTS AND PROCESS A. Site plan approval by the Planning & Zoning Commission for the wireless telecommunication facility including access, equipment,…

Zone name General Business
General category COMMERCIAL
Zone area 110.36 ac
Top alternative use upside
Auto repair, garage $1.5M +0.7%
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