Entity Owned Property summary
This office space property is located near Frederick Memorial Hospital and other medical offices, with access to Route 15 and Interstate 270. It is situated in an area near retail developments including Clemson Corner and Market Square. The space comprises 2,117 square feet and has been used by medical and related organizations, including tenants such as Dr. Ravi Yalamanchili Neurosurgery, Frederick Foot & Ankle, and Pivot, as well as other organizations such as the American Red Cross.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician Hospital
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Physician
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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 pre…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property 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 pre…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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 pre…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PB in Frederick, MD.
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