Seller's Agent in 2024
David Wilkinson
MacRo, Ltd.
(301) 748-5670
1 in this area
45 Total Sales
100 Fourth-Thru 102 St Frederick, MD 21701
Downtown Frederick Neighborhood
0.11
Acres
--
Price per Acre
5,002
Sq Ft Lot
About This Lot
As of December 2024Investor alert - unimproved lot with Downtown Residential zoning in the City of Frederick. Property is currently being used as a parking lot with 17 parking spaces. Conservative pro-forma NOI is $11+k which yields a cap rate exceeding 5.5% cap rate if self managed. Property could be developed for residential use. Located in the Historic Preservation District which is red hot - easy walk to a wide variety of restaurants, boutique shops, breweries and visual & performing art centers. Baker Park and the Talley Recreational Center are each 1/4 mile away; Hood College and the Frederick Memorial Hospital are less than 1/2 mile away. Seller has applied to the City of Frederick to register the parking lot as a legal non-conforming use in the Downtown Residential zone
Last Agent to Sell the Property
(301) 698-9696 dave@macroltd.com MacRo, Ltd. Listed on: 11/11/2024
Last Buyer's Agent
Unrepresented
datacorrect@brightmls.com Unrepresented
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,934
Lot Details
- 5,002 Sq Ft Lot
- Property is zoned DR
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1102110067
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2024 12/31/24 | Sold | $195,000 | -2.5% | -- |
| 11/11/2024 11/11/24 | For Sale | $199,900 | -- | -- |
Source: Bright MLS
Agents Affiliated with this Home
-
David Wilkinson
-
U
Buyer's Agent in 2024
Unrepresented
Unrepresented
Map
Source: Bright MLS
MLS Number: MDFR2056530
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