5425 Urbana PikeFrederick, MD 21701
- Outlet malls
- 43,256 SF
Property Details for 5425 Urbana Pike
- Year built
- 1998
- Construction
- BRICK
- Lot size
- 15.33 AC
- Property size (Sq ft)
- 43,256 SF
- Zone code
- GC MM
- Property type
- Outlet malls
- APN
- 28-582536
- APU
- 28582536
Description
Riverview Plaza, located at 5425 Urbana Pike in Frederick, Maryland (zip code 21701), presents a significant retail leasing opportunity in Frederick County. This multi-tenant commercial property boasts a total of 33,429 square feet, currently entirely vacant and available for lease. The building is comprised of two suites, offering flexible space options to suit various business needs. Businesses seeking a smaller footprint can lease a minimum of 9,260 square feet, while larger tenants can occupy up to 24,169 contiguous square feet. The property's strategic location on Urbana Pike provides excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The entire 33,429 square feet is available for lease, presenting a unique chance for a single large tenant or the possibility of dividing the space to accommodate multiple businesses. This prime retail space in Frederick, MD offers a compelling opportunity for growth and success. Interested parties are encouraged to inquire for further details and leasing information. The property is situated at latitude 39.3850686 and longitude -77.4007126.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $15,134,196
- 6.5%
- $13,970,027
- 7%
- $12,972,168
-
Comparable approach
- Method
- Valuation
- Relative Method
- $21,794,484
- Geo Method
- $21,794,484
-
Alternative Use
- Use
- Valuation
- Residential
- $11,784,240
- Hospitality
- $10,794,301
- Educational
- $8,980,732
- Medical
- $9,289,593
- Retail
- $13,970,027
Location Insight
- City
- Frederick
- County
- Frederick
- State
- Maryland
- Latitude
- 39.3805
- Longitude
- -77.3969
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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