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Property profile & analytics
OFF-MARKET Estimated value $2,170,000
Retail space

7540 Market St Frederick, MD 21701-4307

7,288 SF 1.83 ac lot Built 1943
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US40-2138978
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1943
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,288 SF
Lot 1.83 ac (79,715 SF)
Zoning code GC
APN 02-140055
UPID US40-2138978
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
  • M 'N' M Frederick (Bike/Boat/Book/etc) Store
  • Clagett Realty, LLC : Richard Brown Real Estate Agency
  • Farmbrook HOA Insurance Agency
  • home association lakes at country place Association Or Organization
  • Main Farm Homeowners Association Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.04M
Blend (final) Blend
$2.17M
Owner & transaction history
Fh North Market Street LLC · 5 yrs held
Fh North Market Street LLC
since 2021
Last sale
$2.2M
7 recorded transactions
2024
Price N/A
2021
$2.2M
2017
Price N/A
2009
Price N/A
2009
Price N/A
2009
Price N/A
1999
$58,500
Zoning & alternative use
GC · Frederick, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 residential dwellings in an MXE development include single family homes, townhouses, or duplexes. The multi-family residential element of the co…

Zone name General Commercial
General category COMMERCIAL
Zone area 1,213.15 ac
Source ARTICLE 4 - ZONING
Top alternative use upside
Office building $2.6M +29.7%
Restaurant $2.3M +11.9%
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