Property profile

815 N Prince Frederick Blvd Prince Frederick, MD 20678

FOR LEASE
Drive through restaurants
Property ID
US40-0849468
2,501 SF 2.07 ac lot Built 2021
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional multi-tenant medical office building, located at 815 N. Prince Frederick Boulevard in Prince Frederick, Maryland, offers a fantastic opportunity for medical professionals seeking a prominent location. The property boasts a total of 5,707 square feet, with two available suites ranging from 1,356 to 1,496 contiguous square feet. A significant 2,852 square feet is currently vacant, presenting a unique chance to establish or expand your practice. The building sits on a generous 2.07-acre lot and provides ample parking with 85 spaces for patients and staff. Its strategic location at a signalized intersection ensures high visibility and convenient access via Solomons Island Road. The property benefits from its placement within a thriving retail area, drawing from the main regional market, and enjoys close proximity to Calvert Health Medical Center and Calvert Area Schools, guaranteeing a strong patient base. The property is zoned TC - Town Center, reflecting its prime commercial location. This is an ideal opportunity to secure a well-situated medical office space in a rapidly growing area of Calvert County. The minimum divisible space is 1,356 square feet.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2021
Construction BRICK
Total area 2,501 SF
Lot 2.07 ac (90,169 SF)
Zoning code TC
APN 02-118645
UPID US40-0849468

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

815 N Prince Frederick Blvd Prince Frederick, MD 20678
Prince Frederick metro Census 860701 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2019
1 recorded transaction
2019
$1.7M

Zoning & alternative use

TC · Prince Frederick, MD

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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