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    Property profile & analytics

    5824 Ballenger Crk Pike Frederick, MD 21703-7030

    • Community centers
    • 40,826 SF
    • 8.63 lot acres
    OFF-MARKET
    Value Estimation
    $9,025,000
    Last Sale
    Dec 08, 2022
    $9,500,000
    Location Intelligence
    Property ID
    US40-1282590
    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

    • Car Key Fredrick MD / Corporate Office

    Property Details for 5824 Ballenger Crk Pike

    Year built
    1996
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    8.63 lot acres
    Property size
    40,826 SF
    Zone code
    PUD
    Property type
    Community centers
    APN
    23-455935
    APU
    23455935

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $8,720,000

    • CAP approach

      CAP return
      Estimation
      6%
      $9,930,000
      6.5%
      $9,910,000
      7%
      $10,235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,550,000
      Geo Method
      $10,775,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $10,500,000
      Retail
      $10,280,000
      Mixed-Use
      $10,220,000
      Hospitality
      $10,475,000
      Educational
      $8,755,000
      Residential Income
      $10,910,000
      Energy
      $8,650,000
      Income-Based Land
      $9,935,000
      Food Service
      $8,160,000

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4397
    Latitude
    39.3935
    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
    $86,233
    $2,819,400
    $4,402,200
    $7,221,600
    -
    $2,819,400
    $4,402,200
    $7,221,600

    Comparable in this City

    • Value Estimation
      $7,820,000
      13,203 SF

      Crestwood Blvd

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      Crestwood Blvd, Frederick, MD 21703
      View Details
    • Value Estimation by Request
      11,283 SF

      4959 Westview Dr, Unit 4969

      MINI-MALL • 11,283 SF
      4959 Westview Dr, Frederick, MD 21703-7369
      View Details
    • Value Estimation by Request
      6,061 SF

      5213 Presidents Ct

      MINI-MALL • 6,061 SF
      5213 Presidents Ct, Frederick, MD 21703-8403
      View Details
    • Value Estimation by Request
      37,800 SF

      1306 Patrick St

      MINI-MALL • 37,800 SF
      1306 Patrick St, Frederick, MD 21703-4833
      View Details
    • Value Estimation by Request
      22,400 SF

      1170 Patrick St

      MINI-MALL • 22,400 SF
      1170 Patrick St, Frederick, MD 21703-3965
      View Details
    • Value Estimation by Request
      5,208 SF

      5595 Spectrum Dr

      MINI-MALL • 5,208 SF
      5595 Spectrum Dr, Frederick, MD 21703-8350
      View Details

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    Similar Nearby for Lease

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      21,262 SF

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      Retail space available in Frederick, Maryland shopping center.
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      Retail space in fast-growing Frederick, Maryland near Westview Promenade.
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    • $20 SF/Yr
      6,200 SF

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      Multi-tenanted retail space with easy highway access and parking.
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    • $24 SF/Yr
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      Office space featuring modern amenities in a convenient location.
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      Retail Pad Sites Available

      Retail pad sites with excellent visibility and access.
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    • Contact for pricing
      519,954 SF

      Arcadia Business Park: Premier Spaces

      61-acre business park; flexible spaces available.
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      View Details
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    Frederick, MD 21703-7030
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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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