Property profile

305 Ballenger Ctr Dr Frederick, MD 21703

OFF-MARKET
Drive through restaurants
Property ID
US40-1186539
2,210 SF 0.68 ac lot Built 2000
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2000
Construction WOOD
Total area 2,210 SF
Lot 0.68 ac (29,798 SF)
Zoning code GC
APN 02-230763
UPID US40-1186539

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
  • Restaurant Take-out & Catering
  • Restaurant

Location

305 Ballenger Ctr Dr Frederick, MD 21703-6978
Frederick metro Census 751003 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.14M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.23M

Owner & transaction history

since 2022
Last sale
$2.4M
2 recorded transactions
2022
$2.4M
2000
$250,000

Zoning & alternative use

GC · Frederick, MD
Zoning description

A. All uses permitted in the GC General Commercial District, and B. Multi-family residential dwellings which may be permitted provided the requirements set forth in (d)(1) below are met. Under no circumstances shall resi…

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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