Property profile

601 Patrick St Frederick, MD 21701

OFF-MARKET
Warehouses
Property ID
US40-2325697
1,600 SF 0.41 ac lot Built 2001
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Construction BRICK
Total area 1,600 SF
Lot 0.41 ac (18,000 SF)
Zoning code RO
APN 02-057565
UPID US40-2325697

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

601 Patrick St Frederick, MD 21701-4027
Frederick metro Census 750600 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2004
2 recorded transactions
2016
Price N/A
2004
$1.2M

Zoning & alternative use

RO · Frederick, MD
Zoning description

RO (Residential - Office) The RO district is intended to provide for the option of converting dwellings to professional office uses in predominantly low and medium density residential areas where neither commercial zonin…

General category MIXED_USE

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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