Property profile

1475 TANEY AVE Frederick, MD 21702

OFF-MARKET
Medical Building
Property ID
US40-0110398
19,944 SF 1.22 ac lot Built 1984
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Property summary

AI-generated overview

The property is a medical office facility totaling approximately 3,021 square feet located at 1475 Taney Avenue in Frederick, Maryland, within the Thomas Johnson Drive medical corridor and near a Walgreens pharmacy. The building is positioned along the north side of Frederick and provides convenient access to Routes 15 and major interstate connections including I-70 and I-270, as well as to Fort Detrick and the Frederick Health Campus and Hospital. The facility is configured for medical office use and offers potential for tenant customization, with features that include on-site management, surface parking for visitors and staff, and common area improvements that had been completed. The site is designed to support medical services in an established healthcare-oriented retail/office setting.

Property profile

Verified
Property type Medical Building
Year built 1984
Total area 19,944 SF
Lot 1.22 ac (53,143 SF)
APN 02-129280
UPID US40-0110398

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
  • Pediatrician Medical Clinic
  • Dental Office
  • Physician Medical Clinic
  • Physician
  • Pediatrician Medical Clinic

Location

1475 TANEY AVE Frederick, MD 21702
Frederick metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
Last sale
$2.5M
2 recorded transactions
2024
$2.5M
2020
Price N/A
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