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Property profile & analytics
OFF-MARKET Estimated value $1,385,000
Retail space

1106 Patrick St Frederick, MD 21703-3962

8,904 SF 1.15 ac lot Built 1989
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US40-0679414
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1989
Construction STEEL FRAME
Total area 8,904 SF
Lot 1.15 ac (50,094 SF)
Zoning code GC
APN 02-111527
UPID US40-0679414
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
  • AutoZone Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.49M
Comparable Approach Comparable
$919k
Blend (final) Blend
$1.39M
Owner & transaction history
Watch Hill Planters Development V L · 1 yrs held
Watch Hill Planters Development V L
since 2024
1 recorded transaction
2024
$2.3M
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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