Property profile

408 Patrick St Frederick, MD 21701

OFF-MARKET
Commercial land
Property ID
US40-0994347
630 SF 0.04 ac lot Built 1959
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1959
Total area 630 SF
Lot 0.04 ac (1,826 SF)
Zoning code DB
APN 02-049759
UPID US40-0994347

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

408 Patrick St Frederick, MD 21701-5730
Frederick metro Census 772200 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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$115k

Owner & transaction history

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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