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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Specialty properties
300 4th St, Frederick, MD 21701-5708
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-0054462
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1940
Construction
BRICK
Total area
7,304 SF
Lot
0.45 ac (19,816 SF)
Zoning code
GC
APN
02-046172
UPID
US40-0054462
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
C Edward Winpigler Inc General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
300 East 4th Street LLC · 2 yrs held
300 East 4th Street LLC
since 2024
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
GC · Frederick, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.3M
+98.7%
Restaurant
$1.3M
+97.0%
Auto repair, garage
$1.0M
+50.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Frederick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frederick submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$850,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$670,000
Current use
RETAIL STORES
$1,330,000
Change: +99% · Conversion: Difficult
RESTAURANT
$1,315,000
Change: +97% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,005,000
Change: +51% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$830,000
Change: +24% · Conversion: Difficult
WAREHOUSE, STORAGE
$815,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $850k (Jun 7 2024)
Last sale anchor
$850k
Jun 7 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$116 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,140
Tax year 2023
Assessed value
$591,867
Assessed 2023
Previous assessed
$591,867
+0.0% YoY
Effective rate
1.88%
On assessed value
Land market value
$246,100
Improvement market value
$565,700
Total market value
$811,800
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1940
Construction
BRICK
Heating
FORCED AIR
Stories
2
Units
1
Total area
7,304 SF
Lot
0.45 ac (19,816 SF)
Zoning code
GC
APN
02-046172
UPID
US40-0054462
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
GC · Frederick, MD
Zoning GC · permitted uses
GC · Frederick, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Frederick. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$670,000
RETAIL STORES
Est. value
$1.3M
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$830,000
WAREHOUSE, STORAGE
Est. value
$815,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1940
Construction
BRICK
Heating
FORCED AIR
Stories
2
Units
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
300 East 4th Street LLC
Entity
Mailing address
300 E 4TH ST FREDERICK
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2024
$850,000
300 East 4th Street LLC
4th Street Properties LLC
Deed
$680,000 · Nymeo FCU
Jan 14, 2020
—
4th Street Properties LLC
—
Deed
related
$325,000 · Christine Limparis
Aug 15, 2018
$500,000
Shawn R Winpigler SR
Winpigler,charles E JR & Hubert L
Grant Deed
related
$500,000 · Pnc Bk
Sep 5, 2017
—
Talon Properties LLC
—
Deed
related
$398,895 · Sandy Spring Bk
May 3, 2016
—
4th Street Properties LLC
Haley P Tate
Deed
—
Apr 28, 2016
$465,000
Haley P Tate
Jeffersonian Patriotic Club In
Grant Deed
—
—
—
4th Street Properties LLC
—
Deed Of Trust
related
$325,000 · Christine Limparis
—
—
Patriotic Club In Jeffersonian
—
Deed Of Trust
related
$200,000 · Walter W King Plumbing & Heati
—
—
Jeffersonian Democratic Club INC
—
Deed Of Trust
related
$50,000 · Farmers & Mechanics Bank
—
—
Patriotic Club In Jeffersonian
—
Deed Of Trust
related
$25,000 · Pnc Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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