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    Property profile & analytics

    1505 Garrett Dr Frederick, MD 21702-3799

    • Turn key restaurants
    • 6,009 SF
    • 1.27 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-0763594
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bob Evans / Family Restaurant / Breakfast Restaurant

    Property Details for 1505 Garrett Dr

    Year built
    1995
    Construction
    WOOD
    Lot size
    1.27 lot acres
    Property size
    6,009 SF
    Zone code
    GC
    Property type
    Turn key restaurants
    APN
    02-195739
    APU
    2195739

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4678
    Latitude
    39.422
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,444
    $716,200
    $470,200
    $1,186,400
    -
    $716,200
    $470,200
    $1,186,400

    Comparable in this City

    • Value Estimation by Request
      4,670 SF

      1806 Rosemont Ave

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      1806 Rosemont Ave, Frederick, MD 21702-8218
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    • Value Estimation by Request
      2,584 SF

      1830 Rosemont Ave

      RESTAURANT • 2,584 SF
      1830 Rosemont Ave, Frederick, MD 21702-8218
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    • Value Estimation
      $2,255,000
      6,345 SF

      7611th Willow Rd

      RESTAURANT • 6,345 SF
      7611th Willow Rd, Frederick, MD 21702-2547
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      5,085 SF

      1005 Patrick St

      RESTAURANT • 5,085 SF
      1005 Patrick St, Frederick, MD 21702-3903
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    • Value Estimation
      $710,000
      2,700 SF

      1812 Rosemont Ave

      RESTAURANT • 2,700 SF
      1812 Rosemont Ave, Frederick, MD 21702-8218
      View Details
    • Value Estimation by Request
      4,044 SF

      1207 Patrick St

      RESTAURANT • 4,044 SF
      1207 Patrick St, Frederick, MD 21702-3905
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      3,424 SF

      Frederick Retail Space For Lease

      Prime Frederick location, 3,424 sq ft restaurant space.
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      4,790 SF restaurant pad site with drive-thru available.
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      Retail space available in a well-located, anchored shopping center.
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      227,000 SF

      Frederick County Retail Center

      Prime Frederick retail space available.
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    • Contact for pricing
      227,382 SF

      Frederick County Retail Center

      Prime Frederick location, multiple suites available.
      1003 Patrick St, Frederick, MD 21702
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    • $1,350 /Mo

      Retail Space For Rent

      Retail space available for lease.
      184 Thomas Johnson Dr, Frederick, MD 21702
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    Property Visit Statistics

    • Visits by month
      40.5k
    • Visitors by month
      27.5k
    • Avg Time on site
      13 min
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    1505 Garrett Dr
    Frederick, MD 21702-3799
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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