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Property profile & analytics
OFF-MARKET
Estimated value
$5,630,000
Commercial land
7200 Bank Ct, Frederick, MD 21703-2852
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-0671616
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1995
Construction
BRICK
Total area
57,581 SF
Lot
11.6 ac (505,296 SF)
Zoning code
ORI
APN
28-578229
UPID
US40-0671616
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
Current use
Occupant on record · Public records
-
McGriff Insurance Services Insurance Agency
-
Gemini Health - Frederick, Maryland Medical Clinic
-
BB&T Financial Advisor
-
BB&T - ATM Atm
-
Amanda Lievendag Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.14M
CAP Approach
CAP
$6.25M
Comparable Approach
Comparable
$7.85M
Blend (final)
Blend
$5.63M
Owner & transaction history
7200 Building Owner LLC · 4 yrs held
7200 Building Owner LLC
since 2022
Last sale
$5.8M
1 recorded transaction
Zoning & alternative use
ORI · Frederick, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Frederick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frederick submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,275,000
ML approach
$5,135,000
CAP Approach
CAP Return
Estimation
6%
$6,765,000
6.5%
$6,245,000
7%
$5,800,000
Blend value · Realmo final
$5.63M
Range $5.07M – $6.19M · ±10% · vs last sale $5.75M (Apr 14 2022)
Last sale anchor
$5.75M
Apr 14 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$98 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$38,355
Tax year 2023
Assessed value
$3,272,600
Assessed 2023
Previous assessed
$3,272,600
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$3,272,600
Land market value
$3,272,600
Total market value
$3,272,600
Applied tax rate
28.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1995
Construction
BRICK
Heating
HOT WATER
Stories
3
Total area
57,581 SF
Lot
11.6 ac (505,296 SF)
Zoning code
ORI
APN
28-578229
UPID
US40-0671616
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
ORI · Frederick, MD
Zoning ORI · permitted uses
ORI · Frederick, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Frederick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Construction
BRICK
Heating
HOT WATER
Stories
3
Lot
11.6 ac
Current owner
From public records · entity-resolved
7200 Building Owner LLC
Entity
Free & Clear · 4 yrs held
Mailing address
900 17TH ST NW STE #1050, WASHINGTON, DC 20006-2528
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2022
$5,750,000
7200 Building Owner LLC
Truist Bank
Special Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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