Property profile

8415 Progress Thru 8425th Dr Frederick, MD 21701

OFF-MARKET
Industrial properties
Property ID
US40-2282188
75,240 SF 12.55 ac lot Built 2001
Entity Owned 19-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 2001
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 75,240 SF
Lot 12.55 ac (546,678 SF)
Zoning code MXE
APN 02-232391
UPID US40-2282188

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8415 Progress Thru 8425th Dr Frederick, MD 21701
Frederick metro Census 751701 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$30.04M

Owner & transaction history

since 2007
6 recorded transactions
2026
Price N/A
2018
Price N/A
2007
$2.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MXE · Frederick, MD
Top alternative use upside
Office building $27.3M +47.9%
Restaurant $23.5M +27.6%
Retail stores $21.0M +14.0%

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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