Active
46-B Thomas Johnson Dr
Frederick MD, 21702
$950,000
$47.50 per sqft
Active
20,000 sqft
Commercial
Built in 2002
AUCTION on CREXI WebSite: October 7-9, 2024
Introducing the Frederick Professional Medical Center located at 46B Thomas Johnson Frederick, MD 21702. This rare investment opportunity offers a free-standing, 2-story medical building in the heart of the bustling Frederick Medical Corridor. Currently, the first floor houses Maryland Oncology Hematology, an esteemed affiliate of the US Oncology Network, with 15 other locations. With 104 parking spots and a total lot size of 1.89 acres, this property presents a chance to secure a credit tenant for mortgage payments while enjoying a 10,000 SF vacant unit ideal for personalized use, originally built as a radiology center. Strategically positioned adjacent to Route 15, with high visibility from 11,000 vehicles daily and surrounded by the prestigious John Hopkins Community Physicians, the Frederick Professional Medical Center boasts a prime location. Within a 10-minute drive, you'll find a population of 66,136 with a median household income of $87,432 and a median net worth of $212,274. Don't miss out on this lucrative opportunity in the $187 million medical healthcare market!
Free-Standing 2-Story Medical Building with Brand New Roof
Current $333,600/year NOI with 3% Escalation
Potential Additional Income of $271,710/year from Ground Floor Unit
Across from John Hopkins Community Physicians Building
Adjacent to Route 15
Visible by 11,000 Vehicle Per Day
Located in Frederick Medical Corridor
MDFR2044798
MLSⓇ ID
February 19, 2024
Listed
September 20, 2024
Updated
Map
46-B Thomas Johnson Dr
Frederick MD, 21702
Interior Features
Appliances
Electric Water Heater
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Electric
Exterior/Building Features
Lot Size
1.89 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Frederick City
Taxes
$69,734
Tax Frequency
Annually
Days on Market
196
Garage
No
Parking Total
110
View
No
County
FREDERICK
Water Source
Public
Pool
No
Open House Schedule
Fri, Oct 4th
11:00 AM - 12:00 PM EDT
Listed by Deniz Senyurt, with Coldwell Banker Realty
Listing Contact: 5712716604
The IDX display contains information sourced from the Bright MLS, Inc. as of 9/20/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 9/20/2024 at 2:29 AM UTC
