Technical
Financial
Distress signals
Property profile

8425 Progress Ct Frederick, MD 21701

OFF-MARKET
Auto shops
Property ID
US40-1174039
36,840 SF 5.58 ac lot Built 2008
Entity Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2008
Construction BRICK
Total area 36,840 SF
Lot 5.58 ac (243,065 SF)
Zoning code M1
APN 02-257602
UPID US40-1174039

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
  • Car Rental Facility
  • Car Dealership

Location

8425 Progress Ct Frederick, MD 21701-5019
Frederick metro Census 751701 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
$4.17M
Blend (final) Blend
$3.90M

Owner & transaction history

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

Zoning & alternative use

M1 · Frederick, MD
Zoning description

not able to meet the criteria applicable in the M1 districts. General retail and residential uses are not appropriate for this zone. MO (Manufacturing/ Office) The M/O district is intended to provide a park-like setting…

General category INDUSTRIAL

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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