Technical
Financial
Distress signals
Property profile

1291 Riverbend Way Frederick, MD 21701

OFF-MARKET
Auto shops
Property ID
US40-0997276
4,424 SF 1.4 ac lot Built 2000
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,424 SF
Lot 1.4 ac (61,071 SF)
Zoning code GC
APN 02-191458
UPID US40-0997276

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
  • Spa & Massage Center
  • Building Supply General Contractor
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

1291 Riverbend Way Frederick, MD 21701-9350
Frederick metro Census 750805 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
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$1.04M

Owner & transaction history

since 2014
5 recorded transactions
2020
Price N/A
2018
Price N/A
2014
$1.9M
1998
$309,702
1969
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
Top alternative use upside
Office building $1.6M +129.3%
Retail stores $1.2M +76.8%
Commercial (general) $1.1M +59.3%

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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