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Property profile & analytics
FOR SALE
Warehouses
4537 Metropolitan Ct, Frederick, MD 21704
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1293394
For Sale
1 / 8
$8,500,000
4537 Metropolitan Ct, Frederick, MD 21704
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Construction
BRICK
Total area
3,200 SF
Lot
3.98 ac (173,369 SF)
Zoning code
LI
APN
01-021192
UPID
US40-1293394
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
-
Heritage Range Gun Club
-
Heritage Fingerprinting Frederick Gun Club Gun Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.50M
Owner & transaction history
Precision Point Real Estate LLC · 1 yrs held
Precision Point Real Estate LLC
since 2024
Last sale
$8.5M
7 recorded transactions
Zoning & alternative use
LI · 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
$8,500,000
ML approach
$8,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.50M
Range $7.65M – $9.35M · ±10% · vs last sale $8.50M (Oct 1 2024)
Last sale anchor
$8.50M
Oct 1 2024
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
$2,656 / 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
$47,483
Tax year 2023
Assessed value
$3,955,200
Assessed 2024
Previous assessed
$3,955,200
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$570,400
Assessed improvement
$3,384,800
Land market value
$570,400
Improvement market value
$3,384,800
Total market value
$3,955,200
Applied tax rate
1.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
2008
Construction
BRICK
Heating
SPACE
Stories
1
Units
2
Total area
3,200 SF
Lot
3.98 ac (173,369 SF)
Zoning code
LI
APN
01-021192
UPID
US40-1293394
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
LI · Frederick, MD
Zoning LI · permitted uses
LI · 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.
Building & site characteristics
From public records
Year built
2008
Construction
BRICK
Heating
SPACE
Stories
1
Units
2
Lot
3.98 ac
Current owner
From public records · entity-resolved
Precision Point Real Estate LLC
Entity
Mailing address
12422 FALCONBRIDGE DR, NORTH POTOMAC, MD 20878-3477
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Nov 25, 2024
—
Precision Point Real Estate LLC
—
Deed
related
$3,122,000 · Business Finance Group INC
Oct 1, 2024
$8,500,000
Precision Point Real Estate LLC
Heritage Frederick Property LLC
Deed
$4,359,000 · Capital Bank NA
Mar 29, 2017
—
Heritage-frederick Prop LLC
—
Deed
related
$4,000,000 · Revere Bk
Jan 24, 2014
$2,050,000
Heritage-frederick Prop LLC
Frederick Twg LP
Grant Deed
—
—
—
Frederick-twg
—
Deed Of Trust
related
$2,800,000 · Mercantile Potomac Bank
—
—
Heritage-frederick Property
—
Deed Of Trust
related
$2,999,900 · Susquehanna Bk
—
—
Heritage-frederick Property
—
Deed Of Trust
related
$300,000 · Susquehanna Bk
—
—
Heritage-frederick Prop LLC
—
Deed Of Trust
related
$4,000,000 · Revere Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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