Property profile

7408 Shockley Dr Frederick, MD 21704

OFF-MARKET
Turn key restaurants
Property ID
US40-1781940
10,349 SF 3.92 ac lot Built 1996
Individually Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1996
Construction BRICK
Total area 10,349 SF
Lot 3.92 ac (170,755 SF)
Zoning code GC
APN 28-544790
UPID US40-1781940

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
  • Restaurant

Location

7408 Shockley Dr Frederick, MD 21704-8362
Frederick metro Census 751003 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
$2.57M
Blend (final) Blend
$2.03M

Owner & transaction history

since 2022
Last sale
$28,950
1 recorded transaction
2022
$28,950

Zoning & alternative use

GC · Frederick, MD
Zoning description

A. All uses permitted in the GC General Commercial District, and B. Multi-family residential dwellings which may be permitted provided the requirements set forth in (d)(1) below are met. Under no circumstances shall resi…

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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