$24 SF/Yr 5,512 SF available

470 W Patrick St, Frederick, MD 21701
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$18k

Tax billed · 2023

Assessed value$1.01M

Effective rate1.80%

Value estimate

· Nov 2026

$810k

$729k – $891k

Submarket $/SF estimate$520k

NOI build-up

Gross scheduled income$171k

Vacancy & credit loss−$36k

Operating expenses−$34k

NOI · 420,762.50% cap applied$101k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

420,762.50%

$101k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

DB (Downtown Commercial / Residential) The DB district is intended to encourage the development of the Center City's commercial areas. It...

General categoryCOMMERCIAL

JurisdictionFREDERICK

Location intelligence

Which uses thrive at this corner?

Best fit: Building Supply

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Building Supply30.8

Wholesale Shop25.3

Auto Parts Store20.3

470 W Patrick St Frederick, MD 21701

County assessor Recorded deeds · 4 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 · 14 properties nearby

Address Sale price Sold Size

27 7th, Frederick, MD 21701-4689 $800,000 Aug 2023 3,315 SF

804 Toll House, Frederick, MD 21701-4519 $256,372 Apr 2023 1,871 SF

808 Toll House, Frederick, MD 21701-4519 $395,000 Jun 2022 1,775 SF

900 Toll House, Frederick, MD 21701-4547 $1,370,000 Mar 2021 5,188 SF

700 Montclaire, Frederick, MD 21701-4577 $450,000 Jan 2021 4,008 SF

15 7th, Frederick, MD 21701-4501 $600,000 Mar 2019 3,850 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

Value Estimation
$790,000

3,315 SF

27 7th St

MEDICAL BUILDING

27 7th St, Frederick, MD 21701-4689

View Details
Value Estimation
$185,000

2,091 SF

814 Toll House Ave

MEDICAL BUILDING

814 Toll House Ave, Frederick, MD 21701-4519

View Details
Value Estimation
$350,000

3,850 SF

15 7th St

MEDICAL BUILDING

15 7th St, Frederick, MD 21701-4501

View Details
Value Estimation
$450,000

4,008 SF

700 Montclaire Ave

MEDICAL BUILDING

700 Montclaire Ave, Frederick, MD 21701-4577

View Details
Value Estimation
$255,000

1,871 SF

804 Toll House Ave

MEDICAL BUILDING

804 Toll House Ave, Frederick, MD 21701-4519

View Details
Value Estimation
$385,000

1,775 SF

808 Toll House Ave

MEDICAL BUILDING

808 Toll House Ave, Frederick, MD 21701-4519

View Details

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Configured with five offices, a conference room, open cubicle areas, and shared restrooms.

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Similar Nearby for Lease

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Remodeled Medical Office Space

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1,621 sqft

Medical Office Suites with Plumbing

Multiple suites feature existing casework, with an exterior ramp serving the second floor.

915 Toll House Ave, Frederick, MD 21701

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470 W Patrick St Frederick, MD 21701