Financial
Distress signals
Property profile

331 Aviation Way Frederick, MD 21701

OFF-MARKET
Other industrial properties
Property ID
US40-1742821
55,118 SF 4.66 ac lot Built 2024
Last sale Aug 2007 · $5,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 5,652-square-foot condominium unit (Unit Six) within a sprinklered condominium building totaling 55,002 square feet, located at 331 Aviation Way. The overall site covers 4.66 acres and is zoned M1 (Light Industrial) with an (AO) Airport Overlay Zone, positioned across from Frederick Airport. The building is fire-sprinklered, and the Unit Six configuration does not currently include installed restrooms, allowing for customization to suit future use. Walk and transit amenities

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2024$4.26M
Effective rate0.31%

Value estimate

· Sep 2026
$7.36M
$6.62M – $8.10M
CAP approach$6.55M
Submarket $/SF estimate$5.48M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$245/SF
Submarket average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$141 – $590

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M1
JurisdictionFREDERICK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.8
Law Firm12.4
Spa & Massage11.2

Location

331 Aviation Way Frederick, MD 21701-5147
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
500 Monocacy, Frederick, MD 21701-5720 $3,835,000 Jun 2025 57,311 SF
Maxwell, Frederick, MD 21701 $7,200,000 Oct 2022 8,875 SF
Frederick, MD 21701-5239 $1,400,000 Aug 2022 19,890 SF
329 2nd, Frederick, MD 21701-6583 $1,250,000 Jun 2022 7,968 SF
550 Highland, Frederick, MD 21701-5756 $16,000,000 May 2022 167,609 SF
1845 Brookfield, Frederick, MD 21701-8700 $6,350,000 May 2022 50,248 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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