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Property profile & analytics
OFF-MARKET Estimated value $2,920,000
Retail space

1080 Patrick St Frederick, MD 21703-3972

14,180 SF 10.29 ac lot Built 1988
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US40-0123012
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1988
Construction BRICK
Total area 14,180 SF
Lot 10.29 ac (448,232 SF)
Zoning code GC
APN 02-105101
UPID US40-0123012
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
  • CARE Veterinary Center Veterinary Clinic
  • Infallible Word TV Television Studio Media Distribution
  • Dr. Adam Smith Alternative Medicine Practice
  • Western Union Bank Credit Union
  • Green Goods (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.38M
Comparable Approach Comparable
$2.50M
Blend (final) Blend
$2.92M
Owner & transaction history
Bsv Patrick Street LLC · 19 yrs held
Bsv Patrick Street LLC
since 2006
6 recorded transactions
2024
Price N/A
2021
Price N/A
2018
Price N/A
2006
$7.0M
1969
Price N/A
1969
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
Top alternative use upside
Restaurant $4.4M +11.9%
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