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Property profile & analytics
OFF-MARKET Estimated value $4,700,000
Retail space

1460 Patrick St B Frederick, MD 21702-4915

13,640 SF 4.19 ac lot Built 2012
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US40-0008355
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2012
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,640 SF
Lot 4.19 ac (182,516 SF)
Zoning code GC
APN 02-057484
UPID US40-0008355
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kreimer's Karate Institute Inc Training Center Sports School
  • MoneyGram Bank Credit Union
  • Divine Athletics Cheer Gym & Fitness Center
  • Scott Academy of martial arts Training Center Sports School
  • MARYLAND TIRE & AUTO LLC Auto Parts Store Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.94M
Blend (final) Blend
$4.70M
Owner & transaction history
Rf Yellow Springs Re LLC · 2 yrs held
Rf Yellow Springs Re LLC
since 2024
Last sale
$4.7M
6 recorded transactions
2024
Price N/A
2023
$4.7M
2010
Price N/A
2010
Price N/A
2006
$2.2M
1969
Price N/A
Zoning & alternative use
GC · Frederick, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 residential dwellings in an MXE development include single family homes, townhouses, or duplexes. The multi-family residential element of the co…

Zone name General Commercial
General category COMMERCIAL
Zone area 1,213.15 ac
Source ARTICLE 4 - ZONING
Top alternative use upside
Restaurant $4.3M +11.9%
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