Property profile

64 Thomas Johnson Dr Frederick, MD 21702

OFF-MARKET
Office buildings
Property ID
US40-0724548
59,700 SF 4.86 ac lot Built 2003
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2003
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 59,700 SF
Lot 4.86 ac (211,702 SF)
Zoning code GC
APN 02-115662
UPID US40-0724548

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
  • Corporate Office Business Park
  • High School Daycare Center
  • Charitable Organization Social Service Agency

Location

64 Thomas Johnson Dr Frederick, MD 21702-4734
Frederick metro Census 750701 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.11M
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.17M
Blend (final) Blend
$7.22M

Owner & transaction history

since 2023
Last sale
$7.5M
4 recorded transactions
2023
$7.5M
2021
$5.4M
1998
$1.9M
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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