Property profile

5425 Urbana Pike Frederick, MD 21701

FOR LEASE
Outlet malls
Property ID
US40-2354374
43,256 SF 15.33 ac lot Built 1998
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

Riverview Plaza, located at 5425 Urbana Pike in Frederick, Maryland (zip code 21701), presents a significant retail leasing opportunity in Frederick County. This multi-tenant commercial property boasts a total of 33,429 square feet, currently entirely vacant and available for lease. The building is comprised of two suites, offering flexible space options to suit various business needs. Businesses seeking a smaller footprint can lease a minimum of 9,260 square feet, while larger tenants can occupy up to 24,169 contiguous square feet. The property's strategic location on Urbana Pike provides excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The entire 33,429 square feet is available for lease, presenting a unique chance for a single large tenant or the possibility of dividing the space to accommodate multiple businesses. This prime retail space in Frederick, MD offers a compelling opportunity for growth and success. Interested parties are encouraged to inquire for further details and leasing information. The property is situated at latitude 39.3850686 and longitude -77.4007126.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1998
Construction BRICK
Total area 43,256 SF
Lot 15.33 ac (667,775 SF)
Zoning code GC MM
APN 28-582536
UPID US40-2354374

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
  • Department Store
  • Shopping Center & Mall
  • Clothing & Fashion Store
  • Corporate Office

Location

5425 Urbana Pike Frederick, MD 21701
Frederick metro Census 751003 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
$18.83M
Blend (final) Blend
$26.28M

Owner & transaction history

since 2024
Last sale
$30.0M
7 recorded transactions
2024
$30.0M
2024
Price N/A
2007
$22.1M
2000
$12.3M
1999
$20.8M
1999
$850,000
1998
Price N/A

Zoning & alternative use

GC MM · Frederick, MD

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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More about this property
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