Property profile

1042 Patrick St Frederick, MD 21703

OFF-MARKET
Grocery and convenience stores
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Property ID
US40-1448019
2,655 SF 0.35 ac Built 1974
Last sale Apr 2025·$1,040,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$639k
Assessed land$210k
Assessed improvement$429k
Effective rate1.86%

Value estimate

· Nov 2026
$975k
$878k – $1.07M
AI approach$1.11M
CAP approach$1.06M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GC
A. All uses permitted in the GC General Commercial District, and B. Multi-family residential dwellings which may be permitted provided th...
General categoryCOMMERCIAL
JurisdictionFREDERICK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.4
HVAC Service13.0
Wholesale Shop11.7

Location

1042 Patrick St Frederick, MD 21703-3963
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5245 Westview, Frederick, MD 21703-8306 $3,350,000 Nov 2022 21,243 SF
Crestwood, Frederick, MD 21703 $8,400,000 Sep 2022 11,067 SF
4305 Lime Kiln, Frederick, MD 21703-7517 $3,700,000 Dec 2021 1,884 SF
5617 Spectrum, Frederick, MD 21703-8301 $6,650,000 Oct 2021 4,248 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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