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    4950 Westview Dr Frederick, MD 21703-7001
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    Property profile & analytics

    4950 Westview Dr, Frederick, MD 21703-7001

    View on Map

    • Hotels
    • 86,950 SF
    • 3.50 lot acres
    Off-Market
    Last Sale Jan 3, 2020
    $17,570,000
    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.

    Value Estimations
    $13,595,000
    Show details
    Cap Rate Potential
    4.3%
    Hotels
    Location Intelligence

    Current Use by Public Records

    • Homewood Suites by Hilton Frederick / Hotel & Motel / Vacation Rental
    • Perkins pancake house, Elkhart, in / Restaurant

    Property Details for 4950 Westview Dr

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

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 3, 2020 $17,570,000 Executive Way Hospitality I LLC Central Pa Equities 18 LLC Deed $13.9M · Revere Bank
    Apr 22, 2019 — Central Pa Equities 18 LLC — Deed · related $10.6M · Revere Bank
    Apr 17, 2019 — Central Pa Equities 18 LLC — Deed · related $12M · Peoplesbank
    Oct 25, 2018 $1,525,000 Central Pa Equities 18 LLC Wvs Parcel 102 F LLC Grant Deed —
    Jul 16, 2018 — Central Pa Equities 20 LLC — Deed · related $9.1M · Revere Bk
    Jun 30, 2014 $1,525,000 Central Pa Equities 18 LLC Wvs Parcel 102 F LLC Special Warranty Deed —
    — — Central Pa Equities 20 LLC — Deed Of Trust · related $9.1M · Revere Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $13,695,000
      ML approach
      $10,085,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $9,810,000
      6.5%
      $9,055,000
      7%
      $8,410,000
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $19,710,000
      RESTAURANT
      $15,675,000
      OFFICE BUILDING
      $13,540,000
      MEDICAL BUILDING
      $9,130,000
      AUTO REPAIR, GARAGE
      $8,855,000
      RETAIL STORES
      $8,340,000

    Get a detailed, property-specific estimation — fast and free


    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
    More about this property
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