205 Frederick RdThurmont, MD 21788

Property Details for 205 Frederick Rd

Year built

1985

Construction

BRICK

Lot size

0.94 AC

Property size (Sq ft)

4,140 SF

Zone code

GB

Property type

Turn key restaurants

APN

15-354801

APU

15354801

Description

This exceptional 18,000 square foot freestanding retail and restaurant building presents a unique opportunity in the thriving Thurmont, Maryland community. Located directly across from a Weis grocery store, this property boasts unparalleled visibility and convenient access from US 15 via the Thurmont Boulevard interchange. The single-story building sits on a 3-acre lot and offers ample parking with 95 spaces. Currently, there are three suites available, with a minimum divisible space of 2,430 square feet and a maximum contiguous space of 6,300 square feet. A significant 12,906 square feet is currently vacant, providing flexibility for a variety of uses. The property is zoned GB (General Business) within Frederick County, allowing for diverse redevelopment options. The owner is open to considering a wide range of tenants and redevelopment proposals, making this an ideal location for established businesses or new ventures seeking high-traffic exposure in a growing market. Located approximately 17 miles north of Frederick, this property offers a strategic location for businesses seeking to tap into a strong regional customer base. The substantial lot size and existing infrastructure provide ample room for expansion or modification to suit specific tenant needs.

• CAP approach

  CAP return

  Valuation

  6%

  $1,448,483

  6.5%

  $1,337,061

  7%

  $1,241,557

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,085,934

  Geo Method

  $2,085,934

• Alternative Use

  Use

  Valuation

  Residential

  $1,127,861

  Hospitality

  $1,033,115

  Educational

  $859,539

  Medical

  $889,100

  Retail

  $1,337,061

Location Insight

City

Thurmont

County

Frederick

State

Maryland

Latitude

39.6125

Longitude

-77.4205

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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