Property profile

223 Main St Frostburg, MD 21532

OFF-MARKET
Medical Office Space
Property ID
US40-0412790
2,825 SF 0.21 ac lot Built 1962
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1962
Construction BRICK
Total area 2,825 SF
Lot 0.21 ac (9,075 SF)
Zoning code C2
APN 12-012462
UPID US40-0412790

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

223 Main St Frostburg, MD 21532-1522
Frostburg metro Census 1700 CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2024
Last sale
$345,000
5 recorded transactions
2024
$345,000
2013
$275,000
2002
$110,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Frostburg, MD
Zoning description

To provide for a wide range of commercial uses serving local and regional markets as well as travelers on local highways.

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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