3530 Sugarloaf PkwyUrbana, MD 21704

Property Details for 3530 Sugarloaf Pkwy

Year built

2006

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

10.68 AC

Property size (Sq ft)

2,801 SF

Zone code

PUD

Property type

Banks

APN

07-238916

APU

7238916

Description

This exceptional retail opportunity presents two available suites within the Villages at Urbana shopping center, located at 3530 Sugarloaf Pkwy in Frederick, Maryland, zip code 21704. The center boasts a total of 123,665 square feet of retail space, offering a dynamic and thriving commercial environment. Two suites are currently available, providing flexible space options for prospective tenants. The minimum divisible space is 1,946 square feet, ideal for smaller businesses seeking a strategic location. Larger businesses can lease up to a contiguous 5,546 square feet, allowing for expansion and customization. A total of 7,492 square feet is currently vacant, presenting a unique opportunity to establish a presence in this established center. The property is situated in Frederick County, providing easy access to major transportation routes and a strong customer base. This prime retail space is perfect for businesses seeking high visibility and a convenient location within a bustling shopping center. The property is categorized as a shopping center with multiple tenancies, ensuring a diverse and vibrant atmosphere. This is an excellent opportunity to secure a prominent retail space in a thriving Maryland community. Contact us today to learn more about leasing options and explore the possibilities of establishing your business in this desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $980,000

  6.5%

  $904,615

  7%

  $840,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,411,280

  Geo Method

  $1,411,280

• Alternative Use

  Use

  Valuation

  Residential

  $763,077

  Hospitality

  $698,974

  Educational

  $581,538

  Medical

  $601,538

  Retail

  $904,615

Location Insight

City

Frederick

County

Frederick

State

Maryland

Latitude

39.3302

Longitude

-77.3524

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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