3536 Worthington BlvdFrederick, MD 21704

  • Office properties
  • 0.03 AC
For Sale

Property Details for 3536 Worthington Blvd

Year built
2015
Lot size
0.03 AC
Property type
Office properties
Property subtype
Office buildings
APN
07-257511
APU
7257511

Description

This exceptional 900-square-foot commercial townhouse, located at 3536 Worthington Boulevard Unit 201 in the Villages of Rubana town center of Frederick, Maryland, presents a fantastic opportunity for a variety of businesses. The single-level layout features convenient double-door entrances, ideal for both retail and office uses. Its versatile design makes it suitable for a range of businesses, including but not limited to offices, retail spaces, spas, or classrooms. The property sits on a 0.03-acre lot and boasts ample free parking, a significant advantage for both employees and customers. Its prime location offers easy access to major transportation arteries, including I-270, Route 355, and Route 80, ensuring excellent accessibility for clients and employees. The surrounding area is rich with amenities, including nearby shopping centers, banks, and restaurants, providing a vibrant and convenient environment for your business. A three-year lease is preferred. This property offers a compelling combination of space, location, and convenience, making it an attractive investment for any discerning business owner seeking a thriving commercial space in Frederick, Maryland. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $327,502
    6.5%
    $302,310
    7%
    $280,716
  • Comparable approach

    Method
    Valuation
    Relative Method
    $275,117
    Geo Method
    $275,117
  • Alternative Use

    Use
    Valuation
    Residential
    $374,864
    Hospitality
    $343,373
    Educational
    $285,683
    Medical
    $295,508
    Retail
    $444,395
3536 Worthington Blvd, Frederick, Maryland

Location Insight

City
Frederick
County
Frederick
State
Maryland
Latitude
39.3292
Longitude
-77.3538
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
$10,117
$203,100
$412,500
$615,600
-
$203,100
$412,500
$615,600

FAQs

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