Property profile

6450 Mercantile E Dr Frederick, MD 21703

OFF-MARKET
Apartment buildings
Property ID
US40-1635198
16,994 SF 15.54 ac lot Built 2006
Entity Owned 22-yr Hold Absentee Owner
Saved · see the list in your Dashboard

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (100+ UNITS)
Year built 2006
Total area 16,994 SF
Lot 15.54 ac (676,922 SF)
Zoning code PUD
APN 23-457180
UPID US40-1635198

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
  • Apartment Complex Apartment Building

Location

6450 Mercantile E Dr Frederick, MD 21703-7558
Frederick metro Census 751004 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
$2.09M

Owner & transaction history

since 2004
1 recorded transaction
2004
$2.7M

Zoning & alternative use

PUD · Frederick, MD

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 6450 Mercantile E Dr?
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