Technical
Financial
Distress signals
Property profile

1427 Patrick St Frederick, MD 21702

OFF-MARKET
Auto shops
Property ID
US40-1050176
4,250 SF 0.83 ac lot Built 1977
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1977
Construction STEEL FRAME
Total area 4,250 SF
Lot 0.83 ac (36,154 SF)
Zoning code GC
APN 02-030799
UPID US40-1050176

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
  • Car Dealership
  • Car Dealership
  • Car Wash
  • Auto Repair Shop

Location

1427 Patrick St Frederick, MD 21702-9061
Frederick metro Census 750507 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2012
2 recorded transactions
2017
Price N/A
2012
$775,000

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

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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