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    Property profile & analytics

    305 Ballenger Ctr Dr Frederick, MD 21703-6978

    • Drive through restaurants
    • 2,210 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    $2,260,000
    Last Sale
    Mar 28, 2022
    $2,431,652
    Location Intelligence
    Property ID
    US40-1186539
    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

    • Tb / Fast Food Restaurant
    • Taco Bell / Fast Food Restaurant / Mexican Restaurant

    Property Details for 305 Ballenger Ctr Dr

    Year built
    2000
    Construction
    WOOD
    Lot size
    0.68 lot acres
    Property size
    2,210 SF
    Zone code
    GC
    Property type
    Drive through restaurants
    APN
    02-230763
    APU
    2230763

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,230,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,300,000
      6.5%
      $2,550,000
      7%
      $2,590,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,675,000
      Geo Method
      $2,075,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,015,000
      Retail
      $2,350,000
      Mixed-Use
      $2,030,000
      Hospitality
      $2,655,000
      Educational
      $2,055,000
      Residential Income
      $2,200,000
      Energy
      $2,325,000
      Income-Based Land
      $2,625,000
      Food Service
      $2,740,000

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4369
    Latitude
    39.3966
    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
    $14,385
    $385,200
    $394,300
    $779,500
    -
    $385,200
    $394,300
    $779,500

    Comparable in this City

    • Value Estimation by Request
      3,340 SF

      301 Ballenger Ctr Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,340 SF
      301 Ballenger Ctr Dr, Frederick, MD 21703-6978
      View Details
    • Value Estimation
      $3,705,000
      3,247 SF

      5583 Spectrum Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,247 SF
      5583 Spectrum Dr, Frederick, MD 21703-8350
      View Details
    • Value Estimation by Request
      3,574 SF

      1350 Patrick St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,574 SF
      1350 Patrick St, Frederick, MD 21703-3850
      View Details
    • Value Estimation by Request
      2,304 SF

      1086 Patrick St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,304 SF
      1086 Patrick St, Frederick, MD 21703-3963
      View Details
    • Value Estimation by Request
      8,996 SF

      996 Patrick St

      RESTAURANT • 8,996 SF
      996 Patrick St, Frederick, MD 21703-4066
      View Details
    • Value Estimation by Request
      5,509 SF

      5605 Spectrum Dr

      RESTAURANT • 5,509 SF
      5605 Spectrum Dr, Frederick, MD 21703-8301
      View Details

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    Similar Nearby for Lease

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      Office space featuring modern amenities in a convenient location.
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      Retail pad sites with excellent visibility and access.
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      Retail space available in Frederick, Maryland shopping center.
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      Retail Space Near I-270

      Retail space in fast-growing Frederick, Maryland near Westview Promenade.
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      61-acre business park; flexible spaces available.
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    • $20 SF/Yr
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      Retail Space with Ample Parking

      Multi-tenanted retail space with easy highway access and parking.
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      View Details

    Property Visit Statistics

    • Visits by month
      403
    • Visitors by month
      12.0k
    • Avg Time on site
      10 min
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    Frederick, MD 21703-6978
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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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