Property profile

1811 Monocacy Blvd Frederick, MD 21701

OFF-MARKET
Commercial land
Property ID
US40-1712166
1.52 ac lot
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity presents a single available pad site, spanning two acres, located at 1811 Monocacy Boulevard in Frederick County. The property is situated within the established Liberty Road retail core, benefiting from high visibility and significant traffic flow. This prime location offers excellent accessibility, positioned on a signalized intersection at Riverbend Way and Monocacy Boulevard. The site is ideal for build-to-suit (BTS) development or immediate occupancy, catering to a variety of retail uses. A key advantage is the presence of a substantial anchor tenant, a 135,000 square foot At Home store, which draws significant customer traffic to the immediate area. This established retail environment provides a strong foundation for success, ensuring high visibility and a robust customer base for any new business. The property's two-acre size allows for considerable flexibility in development plans, accommodating a range of retail concepts and building sizes. This is a rare opportunity to secure a prominent location in a thriving retail center. The site's strategic placement and the presence of a major anchor tenant make this an exceptional investment prospect for those seeking a high-impact retail presence in Frederick County. The property is available for sale or lease, offering flexibility to suit individual business needs.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.52 ac (66,211 SF)
Zoning code GC
APN 02-219204
UPID US40-1712166

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
  • Bank Credit Union
  • Bakery Specialty Food Shop
  • Physician
  • Home Decor Store Department Store

Location

1811 Monocacy Blvd Frederick, MD 21701-4728
Frederick metro Census 750805 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$920k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$965k

Owner & transaction history

since 2020
Last sale
$986,145
4 recorded transactions
2020
$986,145
2019
$17.2M
2018
$7.7M
1999
$3.6M

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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