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    Property profile & analytics

    5245 Westview Dr Frederick, MD 21703-8306

    • Individual retail properties
    • 21,243 SF
    • 2.89 lot acres
    OFF-MARKET
    Value Estimation
    $3,190,000
    Last Sale
    Nov 07, 2022
    $3,350,000
    Location Intelligence
    Property ID
    US40-0719922
    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

    • Gold's Gym - Frederick / Gym / Fitness Center
    • True Sports Physical Therapy Frederick / Physical Therapist

    Property Details for 5245 Westview Dr

    Year built
    1999
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.89 lot acres
    Property size
    21,243 SF
    Zone code
    MXD
    Property type
    Individual retail properties
    APN
    28-583583
    APU
    28583583

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,075,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,525,000
      6.5%
      $3,105,000
      7%
      $3,295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,165,000
      Geo Method
      $3,555,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,750,000
      Retail
      $3,315,000
      Mixed-Use
      $3,895,000
      Hospitality
      $3,730,000
      Educational
      $3,850,000
      Residential Income
      $3,560,000
      Energy
      $3,505,000
      Income-Based Land
      $2,805,000
      Food Service
      $3,835,000

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.411
    Latitude
    39.3804
    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
    $44,457
    $0.00
    $0.00
    $3,753,800
    -
    $818,200
    $3,045,000
    $3,863,200

    Comparable in this City

    • Value Estimation by Request
      6,831 SF

      6602 Crestwood Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,831 SF
      6602 Crestwood Blvd, Frederick, MD 21703-5120
      View Details
    • Value Estimation by Request
      4,792 SF

      5833 Ballenger Crk Pike

      CONVENIENCE STORE • 4,792 SF
      5833 Ballenger Crk Pike, Frederick, MD 21703-7004
      View Details
    • Value Estimation by Request
      45,120 SF

      5316 New Design Rd

      GROCERY, SUPERMARKET • 45,120 SF
      5316 New Design Rd, Frederick, MD 21703-7102
      View Details
    • Value Estimation by Request
      5,026 SF

      1160 Patrick St

      RETAIL STORES (PERSONAL SERVICES) • 5,026 SF
      1160 Patrick St, Frederick, MD 21703-3962
      View Details
    • Value Estimation
      $8,765,000
      4,248 SF

      5617 Spectrum Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,248 SF
      5617 Spectrum Dr, Frederick, MD 21703-8301
      View Details
    • Value Estimation by Request
      11,322 SF

      300 Ballenger Ctr Dr

      RETAIL STORES (PERSONAL SERVICES) • 11,322 SF
      300 Ballenger Ctr Dr, Frederick, MD 21703-7096
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      4,000 SF

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      Retail pad sites with excellent visibility and access.
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      View Details
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      Retail space available in Frederick, Maryland shopping center.
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    • $20 SF/Yr
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      Multi-tenanted retail space with easy highway access and parking.
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      View Details
    • Contact for pricing
      4,890 SF

      Redevelopment Opportunity Near Francis Scott Key Mall

      High-profile redevelopment or repurpose opportunity near Francis Scott Key Mall.
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    • $24 SF/Yr
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      Modern Office Space with Amenities

      Office space featuring modern amenities in a convenient location.
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    • 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
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    5245 Westview Dr
    Frederick, MD 21703-8306
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    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
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