140 Thomas Johnson Dr Frederick, MD 21702-4475
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DaVita Frederick At Home Medical Clinic
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Muneeb S. Malik, MD Physician Medical Clinic
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Dr. Tanuja Mishra, MD Physician Medical Clinic
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William H. Johnson, MD Physician Medical Clinic
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Stephanie Comer-Concordia Physician
PB (Professional Business) The purpose of this zone is to provide land for office, medical office and research and development with retail and service uses as secondary uses only. The intent of this designation is to preserve high quality future office lands primarily for office uses. Secondary uses should serve the businesses and employees in the office are…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PB · Frederick, MDPB (Professional Business) The purpose of this zone is to provide land for office, medical office and research and development with retail and service uses as secondary uses only. The intent of this designation is to preserve high quality future office lands primarily for office uses. Secondary uses should serve the businesses and employees in the office area and may include the sales or services such as meals, banks, personal services, day care and business support services. These commercial needs of employment centers should be met in wa ys that do not substantially increase peak hour traffic. NC (Neighborhood Commercial) The purpose of this district is to provide for limited retail uses, personal services and offices in freestanding parcels or small shopping centers to serve residential neighborhoods. This district shall only be applied at appropriate locations: to supply the daily retail and service needs of such neighborhoods; compatible with surrounding land uses and zoning districts; conform to the goals, objectives, policies and loca tional criteria of the Comprehensive Plan; where it will not adversely impact the facilities and services of the City, where it will not set a precedent for the introduction of inappropriate uses into an area; and so as not to encourage non-residential strip development along streets. GC (General Commercial) The purpose of this district is to provide for a variety of retail use and services in free-standing parcels or shopping centers to serve the community's general commercial needs. This district shall only be applied at appropriate locations that conveniently meet these needs; conform to the goals, objectives and policies and locational criteria of the Comprehensive Plan; are compatible with the surrounding land uses and zoning districts; do not adversely impact the facilities and services of the City; do not set a precedent for the introduction of inappropriate uses into an area; and do not encourage non-residential strip development along streets. DR (Downtown Residential) The DR district is intended to provide a mix of single-family and multi- family dwellings. DBO (Downtown Office Commercial) The DBO district is intended for professional and business offices with a limited number of supporting retail commercial activities. High-density residential activities are allowed as well. DB (Downtown Commercial / Residential) The DB district is intended to encourage the development of the Center City's commercial areas. It allows most office and retail activities as well as high density residential uses.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.