Property profile

5621 Spectrum Dr Frederick, MD 21703

OFF-MARKET
Turn key restaurants
Property ID
US40-1649343
13,207 SF 2.58 ac lot Built 1995
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1995
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,207 SF
Lot 2.58 ac (112,385 SF)
Zoning code GC
APN 28-578989
UPID US40-1649343

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
  • Restaurant Buffet

Location

5621 Spectrum Dr Frederick, MD 21703-8301
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
by Request
Blend (final) Blend
$4.59M

Owner & transaction history

since 2025
Last sale
$6.5M
7 recorded transactions
2025
$6.5M
2025
Price N/A
2023
Price N/A
2022
$5.0M
2017
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GC · Frederick, MD
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 resi…

General category COMMERCIAL

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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