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Property profile

129 Patrick St D7 Frederick, MD 21701

OFF-MARKET
Other office properties
Property ID
US40-0013635
1,281 SF 0.03 ac lot Built 1985
Last sale Mar 2006 · $290,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Office Unit 10 at 129 W Patrick Street is located in downtown Frederick within the central business district. The building features brick construction, with a construction date of 1985, and the unit includes central air. The property provides access to parking lot facilities and is situated within walking distance of the Frederick County Courthouse, with nearby downtown restaurants, shops, and service amenities, as well as access to public parking and major commuter routes. The space is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$295k
Effective rate1.81%

Value estimate

· Oct 2026
$280k
$252k – $308k
AI approach$280k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$363/SF
ZIP average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$205 – $634
Qualifying comparables16

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DB
DB (Downtown Commercial / Residential) The DB district is intended to encourage the development of the Center City's commercial areas. It...
General categoryCOMMERCIAL
JurisdictionFREDERICK

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility9.3
Shoe Repair8.8
Optical Shop8.4

Location

129 Patrick St, Unit D7 Frederick, MD 21701-5551
County assessor Recorded deeds · 2 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
233 Patrick, Frederick, MD 21701-6934 $285,000 May 2024 1,176 SF
357 Patrick, Frederick, MD 21701-4871 $575,000 Dec 2023 1,248 SF
359 Patrick, Frederick, MD 21701-4871 $575,000 Dec 2023 1,326 SF
408 Patrick, Frederick, MD 21701-4858 $440,000 Sep 2023 1,320 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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