Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5 Hillcrest Dr Ste B202 Frederick, MD 21703-6269

    • Office Properties & Spaces
    • 980 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US40-1448284
    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

    • Jessica Garrison, Northrop Realty, A Long & Foster Company / Real Estate Agent
    • Maryland Family Visitation / Social Services Organization
    • Rich Phillips, Northrop Realty / Real Estate Agent
    • Khadeja Family Practice: Khadeja Baidoo, CRNP / Nurse Practitioner / Medical Group
    • Employment Law Center of Maryland / Legal Aid Office / Legal Services

    Property Details for 5 Hillcrest Dr Ste B202

    Year built
    1988
    Lot size
    0.02 lot acres
    Property size
    980 SF
    Zone code
    GC
    Property type
    Office Properties & Spaces
    APN
    02-156008
    APU
    2156008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $260,000
      6.5%
      $255,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $235,000
      Geo Method
      $275,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $245,000
      Mixed-Use
      $235,000
      Hospitality
      $225,000
      Educational
      $260,000
      Residential Income
      $245,000
      Energy
      $220,000
      Income-Based Land
      $280,000
      Food Service
      $290,000

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4461
    Latitude
    39.4175
    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
    $2,949
    $53,300
    $108,400
    $161,700
    -
    $53,300
    $108,400
    $161,700

    Comparable in this City

    • Value Estimation by Request
      519,954 SF

      85 At Arcadia Dr

      Life science properties • 519,954 SF
      85 At Arcadia Dr, Frederick, MD 21703
      View Details
    • Value Estimation
      $1,485,000
      1,531 SF

      6550 Mercantile Dr E Ste, Unit 106

      CONDOMINIUM OFFICES • 1,531 SF
      6550 Mercantile Dr E Ste, Frederick, MD 21703-7656
      View Details
    • Value Estimation
      $3,480,000
      3,511 SF

      5300 Westview Dr Ste, Unit 306

      CONDOMINIUM OFFICES • 3,511 SF
      5300 Westview Dr Ste, Frederick, MD 21703-8374
      View Details
    • Value Estimation
      $435,000
      976 SF

      3 Hillcrest Dr, Unit 976

      CONDOMINIUM OFFICES • 976 SF
      3 Hillcrest Dr, Frederick, MD 21703-6116
      View Details
    • Value Estimation
      $280,000
      2,127 SF

      610 Solarex Ct, Unit 200

      CONDOMINIUM OFFICES • 2,127 SF
      610 Solarex Ct, Frederick, MD 21703-8624
      View Details
    • Value Estimation
      $240,000
      819 SF

      5 Hillcrest Dr Ste B200

      CONDOMINIUM OFFICES • 819 SF
      5 Hillcrest Dr Ste B200, Frederick, MD 21703-6269
      View Details

    Similar Nearby for Sale

    • $700,000
      2.29 Acres

      Frederick Commercial Land - 2.29 Acres

      Prime Commercial Land, High Visibility, Excellent Location
      7091 Corporate Dr, Frederick, MD 21703
      View Details
    • $700,000

      Commercial Land Near Shopping Center

      Land suitable for retail, restaurant, or office development.
      7091 Corporate Dr, Frederick, MD 21703
      View Details
    • $430,000

      Frederick Specialty Property For Sale

      Specialty property available for purchase in Frederick, Maryland.
      6202 Davinci St, Frederick, MD 21703
      View Details
    • $799,000

      Frederick Specialty Property For Sale

      Specialty property available for purchase in Frederick, Maryland.
      5642 Jefferson Blvd, Frederick, MD 21703
      View Details
    • $469,000

      Frederick Specialty Property For Sale

      Specialty property available for purchase in Frederick, Maryland.
      7214 Black Creek Ln, Frederick, MD 21703
      View Details
    • $339,999

      Frederick Specialty Property For Sale

      Specialty property available for purchase in Frederick, Maryland.
      7043 Basswood Rd, Frederick, MD 21703
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      519,954 SF

      Arcadia Business Park: Premier Spaces

      61-acre business park; flexible spaces available.
      85 At Arcadia Dr, Frederick, MD 21703
      View Details
    • $4,995,000
      20,000 SF

      Versatile Flex/Warehouse Facility

      20,000 SF flex/warehouse facility in Frederick, Maryland.
      4102 Harvard Pl, Frederick, MD 21703
      View Details
    • Contact for pricing
      11,656 SF

      Premier Office Space in Frederick

      High-quality office space with excellent access to major routes.
      5280 Corporate Dr, Frederick, MD 21703
      View Details
    • $24 SF/Yr
      38,167 SF

      Modern Office Space with Amenities

      Office space featuring modern amenities in a convenient location.
      5202 Presidents Ct, Frederick, MD 21703
      View Details
    • $16 SF/Yr

      Frederick Medical/Office Space Available

      3,648 SF medical/office space for lease in Frederick, MD.
      604 Solarex Ct, Frederick, MD 21703
      View Details
    • Contact for pricing
      2,667 SF

      Frederick Office Space Available

      Office space available for rent in Frederick, Maryland.
      5291 Corporate Dr, Frederick, MD 21703
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5 Hillcrest Dr Ste B202
    Frederick, MD 21703-6269
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.