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    Property profile & analytics

    4950 Westview Dr Frederick, MD 21703-7001

    • Hotels
    • 86,950 SF
    • 3.50 lot acres
    OFF-MARKET
    Value Estimation
    $14,640,000
    Last Sale
    Jan 03, 2020
    $17,570,000
    Location Intelligence
    Property ID
    US40-1871990
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Homewood Suites by Hilton Frederick / Extended Stay Hotel
    • Perkins pancake house, Elkhart, in / Breakfast Restaurant

    Property Details for 4950 Westview Dr

    Year built
    2015
    Construction
    FRAME
    Lot size
    3.50 lot acres
    Property size
    86,950 SF
    Zone code
    MXD
    Property type
    Hotels
    APN
    01-590563
    APU
    1590563

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $13,695,000

    • CAP approach

      CAP return
      Estimation
      6%
      $15,480,000
      6.5%
      $15,545,000
      7%
      $18,230,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $16,405,000
      Geo Method
      $17,975,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $14,575,000
      Retail
      $19,135,000
      Mixed-Use
      $19,190,000
      Hospitality
      $16,510,000
      Educational
      $14,510,000
      Residential Income
      $19,355,000
      Energy
      $17,440,000
      Income-Based Land
      $19,460,000
      Food Service
      $18,555,000

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4154
    Latitude
    39.3688
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $106,116
    $1,829,500
    $7,070,700
    $8,900,200
    -
    $1,829,500
    $7,070,700
    $8,900,200

    Comparable in this City

    • Value Estimation by Request
      84,295 SF

      7226 Corporate Ct

      HOTEL • 84,295 SF
      7226 Corporate Ct, Frederick, MD 21703-8386
      View Details
    • Value Estimation by Request
      45,400 SF

      337 Ballenger Ctr Dr

      HOTEL • 45,400 SF
      337 Ballenger Ctr Dr, Frederick, MD 21703-7095
      View Details
    • Value Estimation by Request
      72,772 SF

      5230 Westview Dr

      HOTEL • 72,772 SF
      5230 Westview Dr, Frederick, MD 21703-8327
      View Details
    • Value Estimation by Request
      72,938 SF

      5050 Westview Dr

      HOTEL • 72,938 SF
      5050 Westview Dr, Frederick, MD 21703-8473
      View Details
    • Value Estimation by Request
      47,661 SF

      5220 Westview Dr

      HOTEL • 47,661 SF
      5220 Westview Dr, Frederick, MD 21703-8327
      View Details
    • Value Estimation by Request
      44,232 SF

      5240 Westview Dr

      HOTEL • 44,232 SF
      5240 Westview Dr, Frederick, MD 21703-8327
      View Details

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    Similar Nearby for Lease

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      High-quality office space with excellent access to major routes.
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      Land for Lease Frederick

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    • $24 SF/Yr
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      Office space featuring modern amenities in a convenient location.
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    4950 Westview Dr
    Frederick, MD 21703-7001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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