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Property profile & analytics
OFF-MARKET Estimated value $865,000
Retail space

1513 Patrick St Frederick, MD 21702-3732

5,875 SF 1.06 ac lot Built 1960
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US40-0973781
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction WOOD
Total area 5,875 SF
Lot 1.06 ac (46,080 SF)
Zoning code GC
APN 02-032104
UPID US40-0973781
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
  • SMH Auto Sales Car Dealership
  • Friends In Frederick Parkinson's Disease Support Group Association Or Organization
  • Barbara Fritchie Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$985k
Comparable Approach Comparable
by Request
Blend (final) Blend
$865k
Owner & transaction history
Gs Management LLC · 7 yrs held
Gs Management LLC
since 2018
7 recorded transactions
2023
Price N/A
2021
Price N/A
2019
Price N/A
2019
Price N/A
2018
$890,000
2005
Price N/A
2002
$516,000
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
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