Property profile

69 Thomas Johnson Dr Frederick, MD 21702

OFF-MARKET
Medical Office Space
Property ID
US40-1117535
26,920 SF 2.76 ac lot Built 2000
Entity Owned 27-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 26,920 SF
Lot 2.76 ac (120,198 SF)
Zoning code PB
APN 02-189984
UPID US40-1117535

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
  • Agriculture
  • Government

Location

69 Thomas Johnson Dr Frederick, MD 21702-4856
Frederick metro Census 750701 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$935k
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.06M
Blend (final) Blend
$1.50M

Owner & transaction history

since 1999
4 recorded transactions
2019
Price N/A
1999
$661,240
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PB · Frederick, MD
Zoning description

PB (Professional Business) The purpose of this zone is to provide land for office, medical office and research and development with retail and service uses as secondary uses only. The intent of this designation is to pre…

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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