Entity Owned Property summary
AI-generated overview
Walkersville Shopping Center presents a unique investment opportunity in a thriving Frederick County location. This 91,530 square foot, multi-tenant retail center, built in 1986 and extensively renovated in 2023, sits on 6.2 acres of land and boasts 16 suites. Currently, 1,790 square feet of retail space is available, ideal for a restaurant or bank. The center benefits from a prime location near Fort Detrick and a US Military base, enjoying convenient access to major highways including Interstate 70, and Routes 15, 26, 49, and 340. This grocery-anchored center is part of a rapidly growing area, experiencing substantial new residential development, providing excellent exposure to a large customer base. The center features ample parking and a large, mixed-use retail environment with national tenants. The proximity to Frederick, MD, one of Maryland's fastest-growing cities, further enhances its investment potential. This family-friendly shopping center offers a strong foundation for future growth and profitability. The available space provides the perfect blend of location, accessibility, and a well-maintained facility.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1986
Construction
BRICK
Total area
2,435 SF
Lot
6.21 ac (270,290 SF)
Zoning code
B2
APN
26-494559
UPID
US40-0834543
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$945k
Owner & transaction history
since 2025
6 recorded transactions
Zoning & alternative use
B2 · Walkersville, MD
Top alternative use upside
Office building
$770,000
+1.4%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$945k
Value range
$851k – $1.04M
±10% around blend
Estimated value / SF
$388 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$851k
blend $945k
$1.04M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,435 SF
Lot area
6.21 ac
Year built
1986
Stories
1
APN
26-494559
Zoning
B2
Assessed value
$9,714,233
Annual tax
$129,005
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.30M
Range $369k – $1.30M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$945k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 27 sales
$313
+24%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $388/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+1%
vs current-use indication
Restaurant · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$9.71M
Move the market yield to see immediate price impact.
Value / SF
$3,989
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$612k
$12.24M
$8.74M
$6.80M
$680k
$13.60M
$9.71M
$7.56M
$748k
$14.96M
$10.69M
$8.31M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$129,005
Tax year 2023
Assessed value
$9,714,233
Assessed 2023
Previous assessed
$9,701,100
+0.1% YoY
Effective rate
1.33%
On assessed value
Land market value
$2,160,500
Improvement market value
$7,580,000
Total market value
$9,740,500
Applied tax rate
11.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1986
Construction
BRICK
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
3
Total area
2,435 SF
Lot
6.21 ac (270,290 SF)
Zoning code
B2
APN
26-494559
UPID
US40-0834543
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
B2 · Walkersville, MDZoning B2 · permitted uses
B2 · Walkersville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
6.21 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B2
Jurisdiction
Walkersville, MD
Recorded code
B2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B2 in Walkersville, MD.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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