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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Banks
5211 Presidents Ct Frederick, MD 21703-8403
Entity Owned
12-yr Hold
Free & Clear
Property ID
US40-1587407
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2008
Construction
WOOD
Total area
3,631 SF
Lot
1.27 ac (55,321 SF)
Zoning code
MXD
APN
28-587929
UPID
US40-1587407
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Fulton Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$596k
Blend (final)
Blend
$595k
Owner & transaction history
Frall Developers INC · 12 yrs held
Frall Developers INC
since 2013
5 recorded transactions
Zoning & alternative use
MXD · Frederick, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$825,000
+77.6%
Office building
$565,000
+22.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Frederick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frederick submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$465,000
Current use
COMMERCIAL (GENERAL)
$825,000
Change: +78% · Conversion: Difficult
OFFICE BUILDING
$565,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$380,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$164 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$42,550
Tax year 2023
Assessed value
$3,623,400
Assessed 2023
Previous assessed
$3,623,400
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$968,100
Assessed improvement
$2,655,300
Land market value
$968,100
Improvement market value
$2,655,300
Total market value
$3,623,400
Applied tax rate
28.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
3,631 SF
Lot
1.27 ac (55,321 SF)
Zoning code
MXD
APN
28-587929
UPID
US40-1587407
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXD · Frederick, MD
Zoning MXD · permitted uses
MXD · Frederick, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Frederick. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$465,000
COMMERCIAL (GENERAL)
Est. value
$825,000
OFFICE BUILDING
Est. value
$565,000
MEDICAL BUILDING
Est. value
$380,000
FINANCIAL BUILDING Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
Frall Developers INC
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 659, MOUNT AIRY, MD 21771-0659
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2023
—
Frall Developers INC
—
Deed
related
$1,800,000 · Orrstown Bank
Sep 3, 2013
$3,900,000
Frall Developers INC
Jcr Westvier Corner Investors LLC
Deed
—
Apr 15, 2013
$7,900,000
Jcr Westview Corner Invtrs LLC
Fsp-presidents Court LLC
Grant Deed
$5,970,000 · Eagle Bank
Aug 31, 2010
—
Fsp-presidents Court LLC
—
Deed Of Trust
related
$7,000,000 · Chevy Chase Savings Bank
—
—
Fsp-presidents Court LLC
—
Deed Of Trust
related
$7,025,000 · Eagle Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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