Property profile

603 Patrick St Frederick, MD 21701

OFF-MARKET
Office buildings
Property ID
US40-0009169
138 SF 0.4 ac lot Built 1946
Entity Owned 13-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1946
Construction WOOD
Total area 138 SF
Lot 0.4 ac (17,500 SF)
Zoning code RO
APN 02-119463
UPID US40-0009169

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
  • Alternative Medicine Practice Acupuncture

Location

603 Patrick St Frederick, MD 21701-4089
Frederick metro Census 750600 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
$330k

Owner & transaction history

since 2013
7 recorded transactions
2018
Price N/A
2013
$345,000
2009
$699,000
2004
$995,000
2000
$175,000
1969
Price N/A
1969
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 603 Patrick St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message