$195,000
SOLD DEC 31, 2024

100 Fourth-Thru 102 St Frederick, MD 21701

Downtown Frederick Neighborhood
0.11 Acre
$1,772,727 Price per Acre
5,002 Sq Ft Lot

Recently Sold

2% Below List Price

16 Days on Market

About This Lot

As of December 2024

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

Last Agent to Sell the Property

David Wilkinson

MacRo, Ltd.

Last Buyer's Agent

Carol Strasfeld

Unrepresented Buyer Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,934

Lot Details

  • 5,002 Sq Ft Lot
  • Property is zoned DR

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1102110067

Property Details

Property Type

Land

Est. Annual Taxes

$3,934

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Parking
  • Automatically Close On Close Date: No
  • Remarks Public: 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
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 39.96
  • Street Number Modifier: 100

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District Key: 121139693024
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: C
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5002.00
  • Year Assessed: 2024
  • Zoning: DR
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3934.00
  • Assessor Parcel Number: 1102110067
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 12/31/2024

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $195,000 -2.5% --
11/11/2024 11/11/24 For Sale $199,900 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: MDFR2056530

Bright MLS

Maryland Frederick County Frederick 21701 Downtown Frederick

100 Fourth-Thru 102 St, Frederick, MD

Homes for Sale in Frederick, MD

This home is located at 100 Fourth-Thru 102 St, Frederick, MD 21701 and is currently priced at $195,000. 100 Fourth-Thru 102 St is a home located in Frederick County with nearby schools including Parkway Elementary School, West Frederick Middle School, and Frederick High School.

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