Property profile

318 Patrick St Frederick, MD 21701

OFF-MARKET
Commercial real estate
Property ID
US40-0801372
620 SF 0.1 ac lot Built 1880
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1880
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 620 SF
Lot 0.1 ac (4,481 SF)
Zoning code DB
APN 02-066947
UPID US40-0801372

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
  • Nail Salon

Location

318 Patrick St Frederick, MD 21701-4889
Frederick metro Census 750300 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
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2019
2 recorded transactions
2019
$150,000
2018
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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