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    5316 New Design Rd Frederick, MD 21701
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    Property profile & analytics

    5316 New Design Rd, Frederick, MD 21701

    View on Map

    • Grocery and convenience stores
    • 45,120 SF
    • 14.19 lot acres
    Retail Space for Lease For Lease
    $7,400,000

    Retail Space for Lease

    Retail property available for lease in Frederick, Maryland.

    5316 New Design Road, Frederick, MD 21701
    View Listing
    Property ID
    US40-1282398
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Giant Pharmacy / Pharmacy
    • Giant Gas Station / Gas Station
    • Giant Food / Grocery & Convenience Store / Food Market
    • LibertyX Bitcoin ATM / Atm
    • higi / Medical Clinic

    Property Details for 5316 New Design Rd

    Year built
    1997
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    14.19 lot acres
    Zone code
    PUD
    Property type
    Grocery and convenience stores
    APN
    28-585322
    APU
    28585322

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 18, 2017 $4,989,345 Ballenger Creek Partners LLC R & R Frederick Assocs I Ltd Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $8,190,000
      6.5%
      $7,560,000
      7%
      $7,020,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,386,000
      Market price range: $1.41M - $7.94M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $11,755,000
      INDUSTRIAL (GENERAL)
      $11,065,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4222
    Latitude
    39.3809
    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
    $128,649
    $3,951,600
    $6,924,900
    $10,876,500
    -
    $3,951,600
    $6,924,900
    $10,876,500
    View Listing
    More about this property
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