Property profile

500 Pearson Cir Frederick, MD 21702

OFF-MARKET
Apartment buildings
Property ID
US40-1624244
72,341 SF 95.75 ac lot Built 2016
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (100+ UNITS)
Year built 2016
Construction FRAME
Total area 72,341 SF
Lot 95.75 ac (4,170,870 SF)
Zoning code IST
APN 02-241595
UPID US40-1624244

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Retirement Community

Location

500 Pearson Cir Frederick, MD 21702-3396
Frederick metro Census 751301 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.43M

Owner & transaction history

since 2022
5 recorded transactions
2022
Price N/A
2014
Price N/A
2002
$675,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IST · Frederick, MD
Zoning description

IST (Institutional) The purpose of this floating district is to provide for public, private or non - profit owned areas when the public is invited or permitted to congregate. This includes hospitals, houses of worship, s…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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