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    Property profile & analytics

    71 Thomas Johnson Dr Frederick, MD 21702-4301

    • Medical offices
    • 8,152 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    $1,620,000
    Last Sale
    Sep 02, 2020
    $1,975,000
    Location Intelligence
    Property ID
    US40-1411702
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Arthritis Treatment Center / Medical Clinic
    • Dr. Guada Respicio Duque / Internist / Practitioner Service Location
    • Ashley Beall / Internist / Practitioner Service Location

    Property Details for 71 Thomas Johnson Dr

    Year built
    1994
    Construction
    BRICK
    Lot size
    1.14 lot acres
    Property size
    8,152 SF
    Zone code
    PB
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    02-189992
    APU
    2189992

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,540,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,120,000
      6.5%
      $1,985,000
      7%
      $1,795,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,695,000
      Geo Method
      $1,940,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,890,000
      Retail
      $1,775,000
      Mixed-Use
      $1,910,000
      Hospitality
      $2,120,000
      Educational
      $1,605,000
      Residential Income
      $2,065,000
      Energy
      $1,900,000
      Income-Based Land
      $1,980,000
      Food Service
      $1,995,000

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4046
    Latitude
    39.4498
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $35,250
    $341,700
    $1,609,800
    $1,951,500
    -
    $341,700
    $1,609,800
    $1,951,500

    Comparable in this City

    • Value Estimation by Request
      8,494 SF

      81 Thomas Johnson Ct

      MEDICAL BUILDING • 8,494 SF
      81 Thomas Johnson Ct, Frederick, MD 21702-4674
      View Details
    • Value Estimation by Request
      48,600 SF

      1560 Opossumtown Pike

      MEDICAL BUILDING • 48,600 SF
      1560 Opossumtown Pike, Frederick, MD 21702-4337
      View Details
    • Value Estimation by Request
      25,000 SF

      194 Thomas Johnson Dr

      MEDICAL BUILDING • 25,000 SF
      194 Thomas Johnson Dr, Frederick, MD 21702-4679
      View Details
    • Value Estimation by Request
      10,165 SF

      197 Thomas Johnson Dr

      MEDICAL BUILDING • 10,165 SF
      197 Thomas Johnson Dr, Frederick, MD 21702-4314
      View Details
    • Value Estimation by Request
      8,760 SF

      74 Thomas Johnson Dr

      MEDICAL BUILDING • 8,760 SF
      74 Thomas Johnson Dr, Frederick, MD 21702-4501
      View Details
    • Value Estimation
      $10,985,000
      0.49 Acres

      165 Thomas Johnson Dr

      MEDICAL BUILDING • 0.49 Acres
      165 Thomas Johnson Dr, Frederick, MD 21702-4742
      View Details

    Similar Nearby for Sale

    • $3,950,000
      20,000 SF

      Free-Standing 2-Story Medical Building For Sale

      Free-Standing 2-Story Medical Building For Sale
      46 B Thomas Johnson Dr, Frederick, MD 21702
      View Details
    • $479,000

      Luxury Medical Office Ready

      Renovated medical office with luxury finishes and reserved parking.
      75 Thomas Johnson Dr #Suite, Frederick, MD 21702
      View Details
    • $2,750,000
      12,351 SF

      Baltimore Pike Commercial Complex

      Multi-building retail & warehouse opportunity
      6905 Baltimore National Pike, Frederick, MD 21702
      View Details
    • $339,900
      2,089 SF

      Downtown Frederick Office Condo

      Historic District, 2,089 sq ft Office
      129-7 Patrick St, Frederick, MD 21702
      View Details
    • Contact for pricing
      654 SF

      Elevatored Office Building on Thomas Johnson

      Three-level condo offices ranging from 654 SF to 7,751 SF.
      57 Thomas Johnson Dr, Frederick, MD 21702
      View Details
    • $1,250,000

      Commercial Property in Frederick, MD

      Commercial property for sale in Frederick, Maryland.
      65 Thomas Johnson Ct, Frederick, MD 21702
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,234 SF

      Professional Office Space Available

      First floor office space with existing build-out and at-grade entrance.
      7420 Hayward Rd, Frederick, MD 21702
      View Details
    • $3,500 /Mo
      2,614 SF

      Turnkey Medical/Professional Office Condo

      First-floor office condo, ready for medical or professional use.
      176 Thomas Johnson Dr, Frederick, MD 21702
      View Details
    • $3,950,000
      10,000 SF

      Medical Office Space For Lease

      10,000 SF medical office space available for lease.
      46 Thomas Johnson Dr, Frederick, MD 21702
      View Details
    • $16 SF/Yr
      2,117 SF

      Medical Office Space Available

      Office space near Frederick Memorial Hospital and retail.
      141 Thomas Johnson Dr, Frederick, MD 21702
      View Details
    • $16 SF/Yr
      3,488 SF

      Medical Office Space Available

      Second-generation physician's office with excellent visibility and ample parking.
      201 Thomas Johnson Dr, Frederick, MD 21702
      View Details
    • Contact for pricing
      3,479 SF

      Medical/Professional Office Space Available

      Two-story medical and professional office building near Route 15.
      1050 Key Pkwy, Frederick, MD 21702
      View Details
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    Frederick, MD 21702-4301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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