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    Property profile & analytics

    24024 Frederick Rd Clarksburg, MD 20871-9718

    • Industrial properties
    • 1.70 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US40-1739692
    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

    • Pleasants Construction Inc / Recycling Center / Real Estate Developer
    • Pleasant Excavating Co / Excavating Contractor
    • AllGood Sweep - Air Duct Cleaning / Cleaners
    • Environmental Alternatives, LLC / Waste Management Service / Container Service

    Property Details for 24024 Frederick Rd

    Lot size
    1.70 lot acres
    Zone code
    IM2.5
    Property type
    Industrial properties
    APN
    02-01596078
    APU
    201596078

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $290,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $295,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $365,000
      Retail
      $360,000
      Mixed-Use
      $260,000
      Hospitality
      $265,000
      Educational
      $305,000
      Residential Income
      $280,000
      Energy
      $345,000
      Income-Based Land
      $310,000
      Food Service
      $320,000

    Location Insight

    • Map
    • Local Demand
    City
    Clarksburg
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.3
    Latitude
    39.2519
    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
    2022
    $4,967
    $263,000
    $0.00
    $263,000
    -
    $263,000
    $0.00
    $263,000

    Comparable in this City

    • Value Estimation
      $950,000
      1.58 Acres

      Frederick Rd

      INDUSTRIAL (GENERAL) • 1.58 Acres
      Frederick Rd, Clarksburg, MD 20871
      View Details
    • Value Estimation by Request
      7.64 Acres

      Milestone Ctr Ct

      INDUSTRIAL (GENERAL) • 7.64 Acres
      Milestone Ctr Ct, Clarksburg, MD 20871
      View Details
    • Value Estimation by Request
      6.19 Acres

      13000 Shawnee Ln

      INDUSTRIAL (GENERAL) • 6.19 Acres
      13000 Shawnee Ln, Clarksburg, MD 20871-9411
      View Details
    • Value Estimation by Request
      72,000 SF

      22525 Gtwy Ctr Dr

      INDUSTRIAL PARK • 72,000 SF
      22525 Gtwy Ctr Dr, Clarksburg, MD 20871-2003
      View Details
    • Value Estimation by Request
      2.15 Acres

      22300 Comsat Dr

      INDUSTRIAL (GENERAL) • 2.15 Acres
      22300 Comsat Dr, Clarksburg, MD 20871-9469
      View Details
    • Value Estimation by Request
      84,800 SF

      22515 Gtwy Ctr Dr

      INDUSTRIAL PARK • 84,800 SF
      22515 Gtwy Ctr Dr, Clarksburg, MD 20871-2003
      View Details

    Similar Nearby for Sale

    • $800,000

      Clarksburg Specialty Property For Sale

      Specialty property available for purchase in Clarksburg, Maryland.
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      Clarksburg Specialty Property For Sale

      Specialty property available in Clarksburg, Maryland.
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    • $950,000
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      Clarksburg Commercial Development Land

      Prime 0.59-acre lot, high visibility.
      23318 Frederick Rd, Clarksburg, MD 20871
      View Details
    • $685,000

      Clarksburg Specialty Property For Sale

      Specialty property available in Clarksburg, Maryland.
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      Clarksburg Specialty Property For Sale

      Specialty property available for purchase in Clarksburg, Maryland.
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      Clarksburg Specialty Property For Sale

      Specialty property available for purchase in Clarksburg, Maryland.
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    Similar Nearby for Lease

    • Contact for pricing
      4,291 SF

      Clarksburg Flex/Industrial/Office Space Available

      Flex, industrial, and office space available for lease.
      22516 Gateway Center Dr, Clarksburg, MD 20871
      View Details
    • $12 SF/Yr
      60,680 SF

      Clarksburg Warehouse Space Available

      60,680 sq ft warehouse space for lease.
      22530 Gateway Center Dr, Clarksburg, MD 20871
      View Details
    • $1,932 /Mo

      Route 355 Frontage Opportunity

      Office or retail space with building signage on Route 355.
      1896 Urbana Pike, Clarksburg, MD 20871
      View Details
    • $800 /Mo

      Professional Office Suite in Clarksburg

      Affordable office space with convenient access and on-site parking.
      23310 Frederick Rd Unit, Clarksburg, MD 20871
      View Details
    • Contact for pricing
      830 SF

      Retail Space Near I-270

      Retail space with direct access to I-270 and Rt 355.
      23203-23213 Stringtown Rd, Clarksburg, MD 20871
      View Details
    • Contact for pricing
      1,058 SF

      Retail Space Near I-270

      Retail space with direct access to I-270.
      23233 Stringtown Rd, Clarksburg, MD 20871
      View Details
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    24024 Frederick Rd
    Clarksburg, MD 20871-9718
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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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