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Property profile & analytics
OFF-MARKET
Commercial land
Urbana Pkwy, Frederick, MD 21704
Individually Owned
3-yr Hold
Free & Clear
Property ID
US40-1735951
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1900
Lot
28.36 ac (1,235,362 SF)
Zoning code
MXD
APN
07-199503
UPID
US40-1735951
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
State Of Maryland · 3 yrs held
State Of Maryland
since 2022
7 recorded transactions
Zoning & alternative use
MXD · Frederick, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Frederick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frederick submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,687
Tax year 2023
Assessed value
$741,200
Assessed 2023
Previous assessed
$992,800
-25.3% YoY
Effective rate
1.17%
On assessed value
Assessed land
$741,200
Land market value
$741,200
Total market value
$741,200
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1900
Heating
NONE
Lot
28.36 ac (1,235,362 SF)
Zoning code
MXD
APN
07-199503
UPID
US40-1735951
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXD · Frederick, MD
Zoning MXD · permitted uses
MXD · Frederick, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Frederick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Lot
28.36 ac
Current owner
From public records · entity-resolved
State Of Maryland
Individual
Free & Clear · 3 yrs held
Mailing address
506 MAIN ST #300, GAITHERSBURG, MD 20878-5768
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2022
—
State Of Maryland
Urbana Investment Properties II LLC
Deed
—
Jun 16, 2021
$522,915
Alexis Peralta
Nvr INC
Deed
$496,769 · Nvr Mortgage Finance INC
May 24, 2021
$1,192,612
Dan Ryan Builders Mid Atlantic LLC
Urbana Investment Properties II LLC
Deed
—
Mar 24, 2021
$804,470
Lay Serey
Nvr INC
Deed
$603,352 · Nvr Mortgage Finance INC
Jan 4, 2021
$212,500
Nvr INC
Urbana Investment Props II LLC
Grant Deed
—
Dec 10, 2020
$460,290
Nvr INC
Urbana Active Adult LLC
Grant Deed
—
Dec 3, 2020
$425,000
Nvr INC
Investment Properties I Urbana
Grant Deed
—
Dec 2, 2020
$458,000
Nvr INC
Urbana Active Adult LLC
Grant Deed
—
Sep 30, 2020
$458,000
Nvr INC
Urbana Active Adult LLC
Grant Deed
—
Sep 30, 2020
$425,000
Nvr INC
Urbana Investment Props II
Grant Deed
—
Sep 24, 2020
$425,000
Nvr INC
Urbana Invs Prop II LLC
Grant Deed
—
Apr 10, 2018
$1,456,845
Dan Ryan Builders Mid-atlantic
Urbana Invs Prop II LLC
Grant Deed
—
Jul 6, 2016
—
Urbana Investment Props II LLC
—
Deed
related
$9,550,000 · Branch Bk&tr
Oct 28, 2013
—
Board Of Education
Urbana Investment Properties
Grant Deed
—
Sep 27, 2012
$2,021,100
Urbana Investment Props LLC
Monocacy Land Co LLC
Grant Deed
—
Nov 9, 2004
—
Board Of Cnty Commissioners/frederi
Monocacy Land Co LLC
Grant Deed
related
—
Oct 1, 2003
$774,800
Monocacy Land Co LLC
Kiplinger Washington Editors
Grant Deed
—
—
—
Urbana Investment Props II LLC
—
Deed Of Trust
related
$9,550,000 · Branch Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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