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    Property profile & analytics

    23 Thomas Johnson Dr Frederick, MD 21702

    • Grocery and convenience stores
    • 5,982 SF
    • 1.32 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-2315938
    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

    • PNC ATM / Atm
    • Sheetz / Wine Store / Car Wash

    Property Details for 23 Thomas Johnson Dr

    Year built
    2021
    Lot size
    1.32 lot acres
    Property size
    5,982 SF
    Zone code
    M1
    Property type
    Grocery and convenience stores
    APN
    02-242648
    APU
    2242648

    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
    -77.4062
    Latitude
    39.4596
    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
    $41,318
    $632,300
    $1,604,000
    $2,236,300
    -
    $632,300
    $1,604,000
    $2,236,300

    Comparable in this City

    • Value Estimation by Request
      3,510 SF

      7729 Sundays Ln

      CONVENIENCE STORE • 3,510 SF
      7729 Sundays Ln, Frederick, MD 21702-2131
      View Details
    • Value Estimation by Request
      2,585 SF

      1501 Patrick St

      CONVENIENCE STORE • 2,585 SF
      1501 Patrick St, Frederick, MD 21702-3732
      View Details
    • Value Estimation by Request
      5,525 SF

      1001 Patrick St

      CONVENIENCE STORE • 5,525 SF
      1001 Patrick St, Frederick, MD 21702-3903
      View Details
    • Value Estimation by Request
      4,616 SF

      1600 Rosemont Ave

      CONVENIENCE STORE • 4,616 SF
      1600 Rosemont Ave, Frederick, MD 21702-4137
      View Details
    • Value Estimation by Request
      31,971 SF

      2060 Yellow Spgs Rd

      GROCERY, SUPERMARKET • 31,971 SF
      2060 Yellow Spgs Rd, Frederick, MD 21702-2313
      View Details
    • Value Estimation by Request
      49,728 SF

      199 Thomas Johnson Dr

      GROCERY, SUPERMARKET • 49,728 SF
      199 Thomas Johnson Dr, Frederick, MD 21702-4314
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1,542 SF

      Retail Space in Renovated Center

      Retail space available in a well-located, anchored shopping center.
      107 Baughmans Ln, Frederick, MD 21702
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    • $1,350 /Mo

      Retail Space For Rent

      Retail space available for lease.
      184 Thomas Johnson Dr, Frederick, MD 21702
      View Details
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      4,770 SF

      Freestanding Building on Golden Mile

      4,770 SF retail building with high visibility and signage.
      1328 W Patrick St, Frederick, MD 21702
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      3,424 SF

      Frederick Retail Space For Lease

      Prime Frederick location, 3,424 sq ft restaurant space.
      1275 Patrick St, Frederick, MD 21702
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      227,000 SF

      Frederick County Retail Center

      Prime Frederick retail space available.
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    • Contact for pricing
      227,382 SF

      Frederick County Retail Center

      Prime Frederick location, multiple suites available.
      1003 Patrick St, Frederick, MD 21702
      View Details

    Property Visit Statistics

    • Visits by month
      93.0k
    • Visitors by month
      43.7k
    • Avg Time on site
      11 min
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    23 Thomas Johnson Dr
    Frederick, MD 21702
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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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