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Property profile & analytics
OFF-MARKET Estimated value $2,420,000
Office buildings

430 Pne Ave Frederick, MD 21701-5764

3,075 SF 2.67 ac lot Built 1940
Entity Owned 3-yr Hold Free & Clear
Property ID
US40-1749947
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,075 SF
Lot 2.67 ac (116,305 SF)
Zoning code IST
APN 02-046261
UPID US40-1749947
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.95M
Blend (final) Blend
$2.42M
Owner & transaction history
Krietz Properties LLC · 3 yrs held
Krietz Properties LLC
since 2022
Last sale
$3.0M
1 recorded transaction
2022
$3.0M
Zoning & alternative use
IST · Frederick, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

IST (Institutional) The purpose of this floating district is to provide for public, private or non - profit owned areas when the public is invited or permitted to congregate. This includes hospitals, houses of worship, schools, government offices and facilities, and other similar facilities. See §409. MXE (Mixed Employment) The purpose of this floating distr…

Zone name Institutional
General category CIVIC_INSTITUTIONAL
Zone area 4.82 ac
Source ARTICLE 4 - ZONING
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