Entity Owned Property summary
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 opportunity for medical professionals seeking a prominent location in a thriving medical cluster. The building is classified as Class C and has no elevators. This freestanding building presents a unique opportunity for a variety of uses, including retail and office space, in addition to medical. The minimum divisible space is 1,549 square feet, which is also the maximum contiguous space available. The property is located in Frederick County, Maryland, zip code 21701.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GC · Frederick, MDA. 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GC in Frederick, MD.
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