Property profile

828 Patrick St Frederick, MD 21701

OFF-MARKET
Specialty properties
Property ID
US40-1454171
10,440 SF 3 ac lot Built 1900
Individually Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,440 SF
Lot 3 ac (130,680 SF)
Zoning code IST
APN 02-046423
UPID US40-1454171

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
  • Fishing Club
  • Charitable Organization Social Service Agency
  • Volunteer Organization Community Center

Location

828 Patrick St Frederick, MD 21701-3117
Frederick metro Census 772200 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
$1.22M
Blend (final) Blend
$1.23M

Owner & transaction history

4 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IST · Frederick, MD
Zoning description

IST (Institutional) The purpose of this floating district is to provide for public, private or non - profit owned areas when the public is invited or permitted to congregate. This includes hospitals, houses of worship, s…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Retail stores $1.9M +98.7%
Restaurant $1.9M +97.0%
Auto repair, garage $1.4M +50.6%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 828 Patrick St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message