Property profile

1207 Patrick St Frederick, MD 21702

OFF-MARKET
Turn key restaurants
Property ID
US40-0950577
4,044 SF 0.52 ac lot Built 1976
Entity Owned Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1976
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,044 SF
Lot 0.52 ac (22,651 SF)
Zoning code GC
APN 02-103982
UPID US40-0950577

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
  • Restaurant Take-out & Catering

Location

1207 Patrick St Frederick, MD 21702-3905
Frederick metro Census 750508 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2026
3 recorded transactions
2026
$1.5M
2011
Price N/A
2002
Price N/A

Zoning & alternative use

GC · Frederick, MD
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 resi…

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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