Property profile

51 Market St Frederick, MD 21701

OFF-MARKET
Turn key restaurants
Property ID
US40-0793538
5,396 SF 0.09 ac lot Built 2005
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,396 SF
Lot 0.09 ac (3,751 SF)
Zoning code DB
APN 02-235528
UPID US40-0793538

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
  • Restaurant

Location

51 Market St Frederick, MD 21701-5524
Frederick metro Census 750200 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
$1.27M
Blend (final) Blend
$995k

Owner & transaction history

since 2025
7 recorded transactions
2026
Price N/A
2025
$3.2M
2023
Price N/A
2018
Price N/A
2002
$150,000
2001
$18,000
1969
Price N/A

Zoning & alternative use

DB · Frederick, MD
Zoning description

DB (Downtown Commercial / Residential) The DB district is intended to encourage the development of the Center City's commercial areas. It allows most office and retail activities as well as high density residential uses.…

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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