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Property profile & analytics
FOR LEASE
Community centers

1275 W Patrick St Frederick, MD 21702

18,620 SF 12.13 ac lot Built 1972
Entity Owned 22-yr Hold Absentee Owner Free & Clear
Property ID
US40-0163675
Property summary
AI-generated overview

This exceptional retail space, totaling 3,424 square feet, is ideally situated at 1275 W Patrick St in Frederick, Maryland, zip code 21702. Currently entirely vacant, this property presents a unique opportunity for a restaurant or similar establishment seeking a prominent location in Frederick County. The entire building is available for lease, offering ample space for a large-scale operation or the potential to be subdivided (subject to landlord approval). The property is classified as retail, specifically suited for restaurant use. Its location within Frederick offers high visibility and accessibility, making it an attractive proposition for businesses aiming to capture a significant market share. The address is easily accessible from major roadways, ensuring convenient access for both customers and staff. This is a turnkey opportunity for a business looking to establish or expand its presence in a thriving Maryland market. Interested parties are encouraged to inquire for lease terms and conditions. The property is located in Frederick County, Maryland. The building's total square footage is 3,424 square feet, with the entire space currently available for lease.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 18,620 SF
Lot 12.13 ac (528,458 SF)
Zoning code GC
APN 02-046814
UPID US40-0163675
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
  • Boost Mobile Mobile Phone Store Electronics & Wireless Store
  • Petco Grooming Pet Grooming Service
  • Western Union Bank Credit Union
  • ATM Atm
  • Petco Vaccination Clinic Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.94M
Owner & transaction history
FREDERICK SHOPPERS WORLD LLC
FREDERICK SHOPPERS WORLD LLC
Zoning & alternative use
GC · Frederick, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.0M +69.0%
Warehouse, storage $1.9M +67.6%
Industrial (general) $1.9M +66.0%
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