Frederick, MD 21702 46 Thomas Johnson Drive

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Presented By: Coldwell Banker Realty
  • MLS# MDFR2064106
  • 05/08/2025
  • Request Tour
  • Request Info
  • SQFT • 20,000

Home Details

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! IMPORTANT: Do not disturb the tenant upstairs. All showings are done through the listing agent. *Free-Standing 2-Story Medical Building *Brand New Roof installed in 2023 *$303,918/year NOI in 2024 *3% Escalation Annually *Proforma NOI $498,000/year *Across from John Hopkins Community Physicians Building *Adjacent to Route 15 *Visible by 11,000 Vehicle Per Day *Located in Frederick Medical Corridor
Presented By: Coldwell Banker Realty

Interior Features for 46 Thomas Johnson Drive

Other Interior Features

Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 46 Thomas Johnson Drive

AccessibilityLevel Entry - Main
Business TypeDay Care Facility, Flex, Health Club, Institutional, Medical, Professional
CityFREDERICK
Construction MaterialsConcrete
Cool FuelElectric
CoolingCentral A/C
CountyFREDERICK
Directionsuse GPS
HeatingForced Air
Lot Size Square Feet82328.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-05-09T00:05:42
MunicipalityFrederick City
New ConstructionNo
Number Of Units Total1
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG197.5
Property SubtypeOffice
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount69734.0
Tax Assessed Value3990000.0
Tax Lot4C
Tax Year2023
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Year Built2002
Year Built SourceEstimated
ZoningGC

Exterior for 46 Thomas Johnson Drive

Building Area Total20000.00
Car Parking Spaces104
Land Assessed Value497000.00
Land Use CodeC
Lot Size Acres1.89
Lot Size SourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces104
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo

Additional Details

Price History

Rachel Shepherd

Price $3,950,000
MLS#MDFR2064106
List Date 05/08/2025
Property Type Commercial
Phone 703.929.4729
Request Tour
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