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    Property profile & analytics
    OFF-MARKET Estimated value $945,000
    Turn key restaurants

    111 Walkers Vlg Way, Walkersville, MD 21793-8147

    2,435 SF 6.21 ac lot Built 1986
    Entity Owned ~ Est. High Equity
    Property ID
    US40-0834543
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • EL RANCHO RESTAURANT Restaurant
    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
    Walkers Village Investments LLC
    Walkers Village Investments LLC
    since 2025
    6 recorded transactions
    2025
    2019
    2015
    2005
    2002
    $7.9M
    1969
    Zoning & alternative use
    B2 · Walkersville, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $770,000 +1.4%
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