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    Property profile & analytics

    20 Patrick St Frederick, MD 21701-6952

    • Theaters & concert halls
    • 17,334 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-1256265
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Weinberg Center for the Arts / Performing Arts Theater
    • Citifinancial / Loan Agency
    • Frederick, MD / Tourist Attraction
    • 72 Film Fest / Festival

    Property Details for 20 Patrick St

    Year built
    1923
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    17,334 SF
    Zone code
    DB
    Property type
    Theaters & concert halls
    APN
    02-192608
    APU
    2192608

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4117
    Latitude
    39.4137
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,125
    $0.00
    $0.00
    $2,438,033
    -
    $0.00
    $3,001,300
    $3,001,300

    Comparable in this City

    • Value Estimation by Request
      2,501 SF

      5 2nd St

      THEATER (MOVIE) • 2,501 SF
      5 2nd St, Frederick, MD 21701-5361
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    • Value Estimation by Request
      45,594 SF

      1288 Riverbend Way

      SKATING RINK, ICE SKATING, ROLLER SKATING • 45,594 SF
      1288 Riverbend Way, Frederick, MD 21701-9350
      View Details
    • Value Estimation by Request
      8,028 SF

      8529 Liberty Rd

      COUNTRY CLUB • 8,028 SF
      8529 Liberty Rd, Frederick, MD 21701-3218
      View Details
    • Value Estimation
      $3,915,000
      30,150 SF

      10 College Ter

      BOWLING ALLEY • 30,150 SF
      10 College Ter, Frederick, MD 21701-4909
      View Details
    • Value Estimation by Request
      73,054 SF

      813 South St

      Commercial real estate • 73,054 SF
      813 South St, Frederick, MD 21701
      View Details
    • Value Estimation by Request
      4.15 Acres

      Bond St

      VACANT COMMERCIAL LAND • 4.15 Acres
      Bond St, Frederick, MD 21701
      View Details

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      Residential Lots For Sale

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    Similar Nearby for Lease

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    • $12 SF/Yr
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      Frederick Retail Space For Lease

      300,000 sq ft of retail space available for lease.
      1301 Patrick St, Frederick, MD 21701
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    • $12 SF/Yr
      8,700 SF

      Frederick Warehouse with Office Space

      8,700 SF warehouse with air-conditioned office space for lease.
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    Property Visit Statistics

    • Visits by month
      8.5k
    • Visitors by month
      7.5k
    • Avg Time on site
      92 min
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    20 Patrick St
    Frederick, MD 21701-6952
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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