Technical
Financial
Distress signals
Property profile

1302 Patrick St Frederick, MD 21701

OFF-MARKET
Drive through restaurants
Property ID
US40-0780886
3,890 SF 1.01 ac lot Built 1999
Entity Owned 26-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1999
Construction WOOD
Total area 3,890 SF
Lot 1.01 ac (44,020 SF)
Zoning code GC
APN 02-225999
UPID US40-0780886

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
  • Restaurant

Location

1302 Patrick St Frederick, MD 21701-3104
Frederick metro Census 772200 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.56M
Blend (final) Blend
$1.23M

Owner & transaction history

since 1999
4 recorded transactions
2021
Price N/A
2019
Price N/A
2018
Price N/A
1999
$475,000

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 $1.4M +15.9%

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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