Property profile

328 Patrick St Frederick, MD 21701

OFF-MARKET
Office buildings
Property ID
US40-1020997
1,444 SF 0.16 ac lot Built 1880
Individually Owned 25-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1880
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,444 SF
Lot 0.16 ac (7,126 SF)
Zoning code DB
APN 02-043556
UPID US40-1020997

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
  • Insurance Agency
  • Home Health Care Service Assisted Living Facility
  • Construction Company
  • Tax Preparation

Location

328 Patrick St Frederick, MD 21701-4889
Frederick metro Census 750300 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$230k

Owner & transaction history

since 2000
7 recorded transactions
2000
$144,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
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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