Property profile

24 Market St Frederick, MD 21701

OFF-MARKET
Office buildings
Property ID
US40-1238497
4,178 SF 0.05 ac lot Built 1890
Entity Owned 27-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1890
Construction BRICK
Total area 4,178 SF
Lot 0.05 ac (2,150 SF)
Zoning code DB
APN 02-067935
UPID US40-1238497

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
  • Advocacy Group
  • Restaurant

Location

24 Market St Frederick, MD 21701-8200
Frederick metro Census 750200 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.53M
Blend (final) Blend
$375k

Owner & transaction history

since 1999
5 recorded transactions
2017
Price N/A
1999
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

DB · Frederick, MD
Zoning description

DB (Downtown Commercial / Residential) The DB district is intended to encourage the development of the Center City's commercial areas. It allows most office and retail activities as well as high density residential uses.…

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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