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Property profile & analytics
OFF-MARKET Estimated value $12,505,000
Office buildings

5300 Spectrum Dr Frederick, MD 21703-7366

50,738 SF 7.76 ac lot Built 1985
Individually Owned 4-yr Hold Free & Clear
Property ID
US40-0952773
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 50,738 SF
Lot 7.76 ac (338,026 SF)
Zoning code GC
APN 28-551657
UPID US40-0952773
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
  • Daly Computer inc Corporate Office
  • DALY Computers, Inc. Corporate Office
  • FedEx Drop Box Postal Service Courier Service
  • Key Fob Replacement Frederick MD Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$15.26M
Comparable Approach Comparable
$8.68M
Blend (final) Blend
$12.51M
Owner & transaction history
State Of Maryland · 4 yrs held
State Of Maryland
since 2022
Last sale
$37,550
3 recorded transactions
2022
$37,550
2017
$4.3M
1969
Price N/A
Zoning & alternative use
GC · Frederick, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

A. All uses permitted in the GC General Commercial District, and B. Multi-family residential dwellings which may be permitted provided the requirements set forth in (d)(1) below are met. Under no circumstances shall residential dwellings in an MXE development include single family homes, townhouses, or duplexes. The multi-family residential element of the co…

Zone name General Commercial
General category COMMERCIAL
Zone area 1,213.15 ac
Source ARTICLE 4 - ZONING
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