Property profile

501 7th St Frederick, MD 21701

OFF-MARKET
Medical Office Space
Property ID
US40-2243101
27,488 SF 2.02 ac lot Built 1957
Entity Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1957
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 27,488 SF
Lot 2.02 ac (87,991 SF)
Zoning code PB
APN 02-019787
UPID US40-2243101

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
  • Physician
  • Physician
  • Physician
  • Physician
  • Physician

Location

501 7th St Frederick, MD 21701-4586
Frederick metro Census 750801 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.56M

Owner & transaction history

since 2005
2 recorded transactions
2005
$4.6M
2005
Price N/A

Zoning & alternative use

PB · Frederick, MD
Zoning description

PB (Professional Business) The purpose of this zone is to provide land for office, medical office and research and development with retail and service uses as secondary uses only. The intent of this designation is to pre…

General category COMMERCIAL

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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