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Financial
Distress signals
Property profile

197 Thomas Johnson Dr Frederick, MD 21702

OFF-MARKET
Medical Office Space
Property ID
US40-1000720
10,165 SF 0.92 ac lot Built 1986
Last sale Jun 2017 · $2,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This single-story, 1,549-square-foot medical office suite is located at 197 Thomas Johnson Drive in Frederick, Maryland, within the Thomas Johnson Medical submarket. The property is part of a larger 10,165-square-foot building situated on a 0.92-acre lot and offers excellent visibility and high traffic counts due to its location adjacent to the Weis Markets Shopping Center. The building features 60 parking spaces and is zoned GC. The suite is immediately available and represents a rare…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$46k
Tax billed · 2023
Assessed value$2.53M
Assessed land$346k
Assessed improvement$2.19M
Effective rate1.81%

Value estimate

· Oct 2026
$1.60M
$1.44M – $1.76M
Submarket $/SF estimate$1.37M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GC
A. All uses permitted in the GC General Commercial District, and B. Multi-family residential dwellings which may be permitted provided th...
General categoryCOMMERCIAL
JurisdictionFREDERICK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.7
Law Firm18.8
Wholesale Shop18.7

Location

197 Thomas Johnson Dr Frederick, MD 21702-4314
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
82 Thomas Johnson, Frederick, MD 21702-4348 $1,607,500 Jan 2025 5,995 SF
130 Thomas Johnson, Frederick, MD 21702-4419 $2,800,000 Dec 2022 12,988 SF
195 Thomas Johnson, Frederick, MD 21702-5156 $2,355,000 Mar 2022 10,873 SF
71 Thomas Johnson, Frederick, MD 21702-4301 $1,975,000 Sep 2020 8,152 SF
52 Thomas Johnson, Frederick, MD 21702-4501 $1,650,000 Jun 2019 7,237 SF
194 Thomas Johnson, Frederick, MD 21702-4679 $5,889,000 Jun 2019 25,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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