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Property profile & analytics
OFF-MARKET Estimated value $1,815,000
Banks

7091 Corporate Dr Frederick, MD 21703

3,298 SF 3.61 ac lot Built 2006
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US40-0898007
Property summary
AI-generated overview

This exceptional 2.29-acre commercial land parcel is ideally situated in Frederick, Maryland, at 7091 Corporate Drive, zip code 21703. The property boasts a highly visible location near the signalized intersection of New Design Road and Corporate Drive, ensuring maximum exposure for any business. Its strategic placement offers immediate access to a thriving suburban trade area. Adjacent to established businesses such as Patriot Federal Credit Union and the Kingsbrook Crossing Shopping Center (anchored by Giant Food), this site benefits from significant foot and vehicle traffic. The property's proximity to the Ballenger Creek Nature Trail adds to its appeal and provides a desirable amenity for potential customers and employees. With no existing buildings, this blank canvas presents a unique opportunity for developers and businesses seeking to establish a new presence in a high-demand area. The asking price for this exceptional commercial land is $700,000. The property is zoned for a variety of uses, including retail, restaurant, and office spaces, making it a versatile option for a wide range of commercial ventures. This is an immediate opportunity to acquire a prime commercial site in a rapidly growing area. The property is offered for sale by owner.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2006
Construction WOOD
Total area 3,298 SF
Lot 3.61 ac (157,252 SF)
Zoning code PUD
APN 28-585314
UPID US40-0898007
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.82M
Owner & transaction history
Patriot Federal Credit Union · 2 yrs held
Patriot Federal Credit Union
since 2024
2 recorded transactions
2024
Price N/A
2021
$2.1M
Zoning & alternative use
PUD · Frederick, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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