Property profile

1800 Monocacy Blvd Frederick, MD 21701

FOR LEASE
Strip malls
Property ID
US40-1761291
14,136 SF 3.8 ac lot Built 2020
Entity Owned 15-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is part of Monocacy Center, a retail strip center in North Frederick. It provides 14,280 square feet of retail space in total, with 11,804 square feet identified as available, and the center includes unit sizes that support leased retail occupancy. The retail center is anchored by Dunkin’ Donuts and is configured as street-facing retail intended for commercial use, with opportunities for customer access, visibility, and on-site signage. The site is located near other retail and dining destinations in the Frederick area, including the Shops at Monocacy, Clemson Corner, and Market Square.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2020
Total area 14,136 SF
Lot 3.8 ac (165,528 SF)
Zoning code GC
APN 02-256851
UPID US40-1761291

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
  • Gym & Fitness Center
  • Cafe & Coffee Shop
  • Corporate Office

Location

1800 Monocacy Blvd Frederick, MD 21701
Frederick metro WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
$739k
Blend (final) Blend
$675k

Owner & transaction history

since 2011
4 recorded transactions
2019
Price N/A
2011
$820,000
2006
$975,000
2005
$500,000

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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More about this property
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