100 Fourth-thru 102 Street

Frederick, MD 21701

$199,900
Price
5,002 / 0.11
Lot Size / Acres
a cars parked in front of a brick building
a view of road with card parked on side and retail shops

Description

Investor 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...Investor 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
  1. Listed by David E Wilkinson • MacRo, Ltd.
    P: (301)-748-5670 dave@macroltd.com

Property Details for 100 Fourth-thru 102 Street

Tax ID Number
1102110067
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Municipality
Frederick City
Central Air
No
Construction Completed
No
LISTING UPDATED: 11/11/2024 02:35 PM

Property Details for 100 Fourth-thru 102 Street

StatusActive
MLS #MDFR2056530
Days on Market11
Taxes$3,934 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size0.11 AC
CountyFrederick County, MD

Building Information for 100 Fourth-thru 102 Street

Lot Size0.11 AC

Property Information for 100 Fourth-thru 102 Street

Location
Location
  • In City Limits: Yes
  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District County ID: 121139693024
  • SchoolDistrictSource: Listing Agent
  • County: FREDERICK
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $212,633
  • Year Assessed: 2024
  • County Tax: $2,381
  • Improvement Assessed Value: $12,800
  • City Town Tax: $1,553
  • Clean Green Assessed: No
  • Land Use Code: C
  • Zoning: DR
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Building Info
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Current Use: Parking
  • Parcel ID: 11503243
  • Additional Parcels: No
Utilities
Utilities
  • Water Source: None
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Frederick County Association of REALTORS
  • List Agent URL: www.macroltd.com

Property History for 100 Fourth-thru 102 Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 100 Fourth-thru 102 Street

This home is within Frederick County Public Schools.
Rating
School
Type
Grades
Distance
Parkway Elementary School
Public - PK to 5
West Frederick Middle School
Public - 6 to 8
Frederick High School
Public - 9 to 12
Monocacy Valley Montessori School
Charter - PK to 8
Rating
School
Distance
Parkway Elementary School
PublicPK to 5

West Frederick Middle School
Public6 to 8

Frederick High School
Public9 to 12

Monocacy Valley Montessori School
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 100 Fourth-thru 102 Street, Frederick, MD 21701

100 Fourth-thru 102 Street is a 0.11 ac of land for sale in Frederick, MD 21701. This property was listed for sale on November 11, 2024 by MacRo, Ltd., it's currently listed at $199,900. This listing's school district is Frederick County Public Schools. Nearby schools include Parkway Elementary School, West Frederick Middle School and Frederick High School. 100 Fourth-thru 102 Street is a 0-bed, 0-bath, 0.11 ac of land on a 5,002 sq. ft. / 0.11 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MacRo, Ltd.

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 11/11/2024 02:35 PM