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Property profile & analytics
OFF-MARKET
Estimated value
$1,065,000
Motels
420 Prospect Blvd, Frederick, MD 21701-6400
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US40-0740045
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1985
Construction
BRICK
Total area
48,852 SF
Lot
2.67 ac (116,305 SF)
Zoning code
GC
APN
02-129108
UPID
US40-0740045
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Deeper Life Bible Church Church
-
Best Western Historic Frederick Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.07M
Owner & transaction history
Pansuriya Hospitality LLC · 10 yrs held
Pansuriya Hospitality LLC
since 2015
7 recorded transactions
Zoning & alternative use
GC · Frederick, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Frederick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frederick submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,110,000
Current use
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$22 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$76,815
Tax year 2023
Assessed value
$4,216,867
Assessed 2023
Previous assessed
$3,444,700
+22.4% YoY
Effective rate
1.82%
On assessed value
Land market value
$1,163,000
Improvement market value
$4,598,200
Total market value
$5,761,200
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
1985
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
119
Total area
48,852 SF
Lot
2.67 ac (116,305 SF)
Zoning code
GC
APN
02-129108
UPID
US40-0740045
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
GC · Frederick, MD
Zoning GC · permitted uses
GC · Frederick, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Frederick. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.1M
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
119
Lot
2.67 ac
Current owner
From public records · entity-resolved
Pansuriya Hospitality LLC
Entity
Mailing address
680 OLD WESTMINSTER RD, WESTMINSTER, MD 21157-7709
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2019
—
Pansuriya Hospitality LLC
—
Deed
related
$918,000 · Farmers & Merchants Nat'l Bk
May 17, 2016
—
Pansuriya Hospitality LLC
—
Deed
related
$1,730,000 · Chesapeake Busn Fin
Aug 25, 2015
$3,500,000
Pansuriya Hospitality LLC
Frederick Lodging LLC
Grant Deed
$3,200,000 · Farmers & Merchants Nat'l Bk
Sep 13, 2005
$2,675,000
Frederick Lodging LLC
E.l. Frederick INC.
Deed
$4,335,000 · Farmers & Mechanics Bank
—
—
Pansuriya Hospitality LLC
—
Deed Of Trust
related
$918,000 · Farmers & Merchants Nat'l Bk
—
—
Pansuriya Hospitality LLC
—
Deed Of Trust
related
$1,730,000 · Chesapeake Busn Fin
—
—
E L Fred INC
—
Deed Of Trust
related
$182,000 · Suntrust Bank NA
—
—
Frederick Lodging LLC
—
Deed Of Trust
related
$4,335,000 · Pnc Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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