Technical
Financial
Distress signals
Property profile

118 Market St Frederick, MD 21701

OFF-MARKET
Turn key restaurants
Property ID
US40-0908713
2,015 SF 0.28 ac lot Built 1925
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1925
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,015 SF
Lot 0.28 ac (12,023 SF)
Zoning code DB
APN 02-092557
UPID US40-0908713

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
  • Research Institute
  • Agricultural Service
  • Business Service Center Advocacy Group
  • Charitable Organization Social Service Agency
  • Private College

Location

118 Market St Frederick, MD 21701-5527
Frederick metro Census 772200 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$380k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2023
Price N/A
2021
Price N/A
2019
Price N/A
2007
$540,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

DB · Frederick, MD
Zoning description

DB (Downtown Commercial / Residential) The DB district is intended to encourage the development of the Center City's commercial areas. It allows most office and retail activities as well as high density residential uses.…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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