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    Property profile & analytics

    Franklinville Rd Thurmont, MD 21788

    • Commercial land
    • 2.43 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 13, 2021
    $3,950,000
    Location Intelligence
    Property ID
    US40-1632739
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for Franklinville Rd

    Year built
    1900
    Lot size
    2.43 lot acres
    Zone code
    GC
    Property type
    Commercial land
    APN
    15-341823
    APU
    15341823

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Thurmont
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4012
    Latitude
    39.6418
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,325
    $198,400
    $0.00
    $198,400
    -
    $198,400
    $0.00
    $198,400

    Comparable in this City

    • Value Estimation by Request
      0.60 Acres

      Main St

      VACANT COMMERCIAL LAND • 0.60 Acres
      Main St, Thurmont, MD 21788
      View Details
    • Value Estimation by Request
      0.48 Acres

      Frederick Rd

      VACANT COMMERCIAL LAND • 0.48 Acres
      Frederick Rd, Thurmont, MD 21788
      View Details
    • Value Estimation by Request
      0.40 Acres

      Water St

      VACANT COMMERCIAL LAND • 0.40 Acres
      Water St, Thurmont, MD 21788
      View Details
    • Value Estimation by Request
      0.08 Acres

      Sunny Close Way

      VACANT COMMERCIAL LAND • 0.08 Acres
      Sunny Close Way, Thurmont, MD 21788
      View Details
    • Value Estimation by Request
      0.26 Acres

      Blue Mtn Rd

      VACANT COMMERCIAL LAND • 0.26 Acres
      Blue Mtn Rd, Thurmont, MD 21788
      View Details
    • Value Estimation by Request
      0.33 Acres

      Catoctin Furnace Rd

      VACANT COMMERCIAL LAND • 0.33 Acres
      Catoctin Furnace Rd, Thurmont, MD 21788
      View Details

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      6.55 Acres

      229 Tippin Dr, Thurmont, MD 21788

      Retail properties • 6.55 Acres
      229 Tippin Dr, Thurmont, MD 21788
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    • $395,000

      Thurmont Specialty Property For Sale

      Specialty property available for purchase in Thurmont, Maryland.
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    Similar Nearby for Lease

    • $3,000 /Mo

      Land Lease in Thurmont, MD

      Land lease available for retail or office use.
      229 Tippin Dr, Thurmont, MD 21788
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    • $15 SF/Yr

      Retail Space on Main Street

      Retail units available for lease in vibrant Thurmont area.
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    • Contact for pricing
      18,000 SF

      Prime Thurmont Retail Space

      Freestanding building, 3 suites available, high visibility.
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      View Details
    • $2.00 SF/Yr

      Flexible Commercial Space in Thurmont

      2,700 SF space ideal for retail, studio, or office.
      202 E Main St, Thurmont, MD 21788
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    • $600 /Mo

      Shared Office Space For Rent

      Shared office space with amenities in downtown Thurmont.
      60 Water St, Thurmont, MD 21788
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    • Contact for pricing
      33,555 SF

      Thurmont Plaza Retail Center

      Prime Thurmont retail space, multiple units available.
      224 Church St, Thurmont, MD 21788
      View Details
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    Franklinville Rd
    Thurmont, MD 21788
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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