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Property profile & analytics
OFF-MARKET Estimated value $1,540,000
Retail space

1046 Patrick St Frederick, MD 21703-3907

11,866 SF 1.3 ac lot Built 2001
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US40-0889326
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,866 SF
Lot 1.3 ac (56,601 SF)
Zoning code GC
APN 02-017040
UPID US40-0889326
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
Current use
Occupant on record · Public records
  • FedEx Office Print & Ship Center Courier Service Postal Service
  • Rush My Passport Travel Agency
  • T-Mobile Authorized Retailer Telecommunications Service Data Center
  • Closet & Beyond Frederick - Custom Closets & Cabinets Interior Design Home Decor Store
  • Digital Investigations Law Firm Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.99M
Comparable Approach Comparable
$2.06M
Blend (final) Blend
$1.54M
Owner & transaction history
Tdgsr 1046 W Patrick LLC · 10 yrs held
Tdgsr 1046 W Patrick LLC
since 2016
7 recorded transactions
2019
Price N/A
2016
$4.2M
2014
$3.6M
2012
$3.6M
2000
$1.0M
1998
$500,000
1997
Price N/A
Zoning & alternative use
GC · Frederick, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 residential dwellings in an MXE development include single family homes, townhouses, or duplexes. The multi-family residential element of the co…

Zone name General Commercial
General category COMMERCIAL
Zone area 1,213.15 ac
Source ARTICLE 4 - ZONING
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