Property profile

1212 Patrick St Frederick, MD 21703

OFF-MARKET
Warehouses
Property ID
US40-1433815
19,350 SF 1.26 ac lot Built 1984
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,350 SF
Lot 1.26 ac (54,886 SF)
Zoning code GC
APN 02-257777
UPID US40-1433815

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
  • Storage Facility

Location

1212 Patrick St Frederick, MD 21703-3961
Frederick metro Census 750505 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
$2.64M
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$1.89M

Owner & transaction history

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
Top alternative use upside
Auto repair, garage $3.1M +13.6%

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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