Property profile

205 Frederick Rd Thurmont, MD 21788

FOR LEASE
Turn key restaurants
Property ID
US40-0452197
4,140 SF 0.94 ac lot Built 1985
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 18,000 square foot freestanding retail and restaurant building presents a unique opportunity in the thriving Thurmont, Maryland community. Located directly across from a Weis grocery store, this property boasts unparalleled visibility and convenient access from US 15 via the Thurmont Boulevard interchange. The single-story building sits on a 3-acre lot and offers ample parking with 95 spaces. Currently, there are three suites available, with a minimum divisible space of 2,430 square feet and a maximum contiguous space of 6,300 square feet. A significant 12,906 square feet is currently vacant, providing flexibility for a variety of uses. The property is zoned GB (General Business) within Frederick County, allowing for diverse redevelopment options. The owner is open to considering a wide range of tenants and redevelopment proposals, making this an ideal location for established businesses or new ventures seeking high-traffic exposure in a growing market. Located approximately 17 miles north of Frederick, this property offers a strategic location for businesses seeking to tap into a strong regional customer base. The substantial lot size and existing infrastructure provide ample room for expansion or modification to suit specific tenant needs.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Construction BRICK
Total area 4,140 SF
Lot 0.94 ac (40,981 SF)
Zoning code GB
APN 15-354801
UPID US40-0452197

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
  • Restaurant
  • Restaurant

Location

205 Frederick Rd Thurmont, MD 21788
Thurmont metro Census 753001 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2018
4 recorded transactions
2021
Price N/A
2018
$2.3M
2007
$685,896
1969
Price N/A

Zoning & alternative use

GB · Thurmont, MD
Zoning description

Support Structures: Permitted in the TB, GB, I, OI & OS Districts B. Co-location on existing Towers: Permitted in all districts. C. New Towers: Permitted in the I, OI, and OS Districts. §4.3.4 APPLICATION REQUIREMENTS AN…

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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