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Financial
Distress signals
Property profile

585 Himes Ave Frederick, MD 21703

OFF-MARKET
Office buildings
Property ID
US40-0267701
209,184 SF 25.94 ac lot Built 1965
Last sale Oct 2021 · $20,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$10.47M
Assessed land$5.09M
Assessed improvement$5.39M
Effective rate0.04%

Value estimate

· Oct 2026
$22.09M
$19.88M – $24.29M
Submarket $/SF estimate$30.02M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$456/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$144 – $860

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PB
PB (Professional Business) The purpose of this zone is to provide land for office, medical office and research and development with retai...
General categoryCOMMERCIAL
JurisdictionFREDERICK

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply39.0
Wholesale Shop32.3
Realty agency25.0

Location

585 Himes Ave Frederick, MD 21703-6106
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Technology, Frederick, MD 21703 $5,000,000 Jul 2022 32,263 SF
5325 Spectrum, Frederick, MD 21703-7339 $5,200,000 Aug 2021 40,388 SF
321 Ballenger Ctr, Frederick, MD 21703-4565 $8,250,000 Jul 2021 86,000 SF
7485 New Horizon, Frederick, MD 21703-8388 $43,000,000 Mar 2020 75,400 SF
7445 Technology, Frederick, MD 21703 $43,000,000 Mar 2020 37,712 SF
5280 Corporate, Frederick, MD 21703-8502 $16,491,000 Dec 2018 213,234 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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