Last Sold Price
5,002 Lot Size0.11 Acres
100 fourth-thru 102 St, Frederick, MD 21701

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
LISTING CLOSED: 12/31/2024 12:00 AM

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

Property Details for 100 Fourth-thru 102 Street

Status
MLS #
MDFR2056530
Days on Market
19
Taxes
$3,934 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Fee Simple
Year Built
-
Lot Size
0.11 AC
Tax ID Number
1102110067
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Municipality
Frederick City
Central Air
No
Construction Completed
No

Recent comparable sales

Median sold price

$250,000

Avg days on market

59

Sale-to-list ratio

94.9%

Frederick, MD

9 comparable properties found

$500,000 | 304 Grove Boulevard, Frederick, MD 21701
1/9
1

$500,000

Sold 07/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.21
Acres
$60,000 | Urner Street, Frederick, MD 21701
1/9
2

$60,000

Sold 12/11/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.10
Acres
$203,000 | Beall Drive, Frederick, MD 21704
1/13
3

$203,000

Sold 11/20/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres
a black and white photo of a
1/3
4

$580,000

Sold 07/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.31
Acres
$30,000 | Lot 6 Quinn Orchard Road, Frederick, MD 21704
1/4
5

$30,000

Sold 11/12/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.75
Acres
$30,000 | Lot 4 Quinn Orchard Road, Frederick, MD 21704
1/4
6

$30,000

Sold 11/12/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.75
Acres
a view of a yard with tree s
1/27
7

$250,000

Sold 06/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.22
Acres
$2,600,000 | 57 Thomas Johnson Drive, Frederick, MD 21702
1/3
8

$2,600,000

Sold 12/27/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.7
Acres
an aerial view of a house with outdoor space
1/5
9

$900,000

Sold 04/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.77
Acres

Location

Listing Courtesy of MacRo, Ltd.

Sold By Unrepresented Buyer Office

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Building Information for 100 Fourth-thru 102 Street

Lot Size0.11 AC

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30 year fixed, 6.55% Interest

Principal and Interest

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Property Taxes

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HOA Dues

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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
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
Dec 31, 2024

Closed

BRIGHT #MDFR2056530

$195,000
Nov 27, 2024

Pending

BRIGHT #MDFR2056530

Nov 27, 2024

Active Under Contract

BRIGHT #MDFR2056530

DateEvent & SourcePrice
12/31/2024

Closed

BRIGHT #MDFR2056530

$195,000
11/27/2024

Pending

BRIGHT #MDFR2056530

11/27/2024

Active Under Contract

BRIGHT #MDFR2056530

For completeness, we 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
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - PK to 10
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 10

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.

Neighborhood Map and Transit

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 100 Fourth-thru 102 Street, Frederick, MD 21701
$195,000
5,002
$480,000
2
4
1,992
4,959
$417,500
4
1,808
1,920
$435,000
3
1,192
1,350
$250,000
1.5
1,640
2,640
$293,900
2
986
3,032

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MacRo, Ltd.

© 2026 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 01/02/2025 07:14 PM