127 Patrick St Frederick, MD 21701-5677
- Office buildings
- 3,272 SF
- 0.09 lot acres
Current Use by Public Records
- Haugh & Winters / Lawyer / Attorney Referral Service
- Stern Group / Attorney
- Wise Insurance / Insurance Agency
- Key Title Co / Title Company
Property Details for 127 Patrick St
- Year built
- 1868
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.09 lot acres
- Property size
- 3,272 SF
- Zone code
- DB
- Property type
- Office buildings
- APN
- 02-036029
- APU
- 2036029
Description
This exceptional two-story office space at 127 Patrick Street, Unit E-1, Frederick, MD, offers an unparalleled location just steps from the Frederick County Courthouse and ample public parking. The property boasts approximately 0.05 acres of land and features two convenient entrances for easy access. Inside, you'll find a well-designed layout including multiple private offices, perfect for individual work or team collaboration. A dedicated conference room facilitates productive meetings, while a separate file room ensures organized record-keeping. A fully equipped kitchen provides a comfortable break area, and two bathrooms add to the convenience. The space is currently furnished and ready for immediate occupancy. The property benefits from road frontage, providing excellent visibility and accessibility. Lease terms are available at a competitive triple net rate. This is an ideal location for businesses seeking a prestigious address and convenient access to the county courthouse and related services. Don't miss this opportunity to secure a highly desirable office space in the heart of Frederick. Inquire today for further details and leasing information.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $955,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $620,000
- 6.5%
- $725,000
- 7%
- $635,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $615,000
- Geo Method
- $735,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $650,000
- Retail
- $615,000
- Mixed-Use
- $610,000
- Hospitality
- $790,000
- Educational
- $690,000
- Residential Income
- $780,000
- Energy
- $615,000
- Income-Based Land
- $650,000
- Food Service
- $775,000
Location Insight
- Map
- Local Demand
- City
- Frederick
- County
- Frederick
- State
- Maryland
- Longitude
- -77.4079
- Latitude
- 39.4143
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
