Property profile

321 Ballenger Ctr Dr Frederick, MD 21703

OFF-MARKET
Office buildings
Property ID
US40-2336047
86,000 SF 6.41 ac lot Built 2002
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2002
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 86,000 SF
Lot 6.41 ac (279,220 SF)
Zoning code M-O
APN 02-232464
UPID US40-2336047

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
  • Loan Service Bank
  • Insurance Agency
  • Insurance Agency
  • Insurance Agency
  • Insurance Agency

Location

321 Ballenger Ctr Dr Frederick, MD 21703-4565
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
$10.56M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.87M
Blend (final) Blend
$12.14M

Owner & transaction history

since 2021
Last sale
$8.3M
6 recorded transactions
2021
$8.3M
2019
Price N/A
2019
$6.2M
2005
$8.5M
2001
$1.9M
1969
Price N/A

Zoning & alternative use

M-O · Frederick, MD

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 321 Ballenger Ctr Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message