Specialty Properties in Frederick, Maryland offer a unique investment opportunity for those looking to diversify their portfolio. With a rich history and strategic location, Frederick has become a hub for various industries, including biomedical research, retail, and technology. Specialty Properties, such as research facilities, data centers, and other specialized buildings, play a crucial role in supporting these industries. Investing in Specialty Properties in Frederick can provide a stable source of income and long-term growth. The city's proximity to Washington, D.C. and the presence of Fort Detrick, the largest employer in the area, contribute to its attractiveness as a business location. Additionally, Frederick's downtown area offers a mix of retail, dining, and technology businesses, making it an ideal location for businesses and organizations. The city's amenities, such as Riverside Research Park, Carroll Creek Park, and the Community Bridge mural, also make it an attractive place to live and work. With a population of around 70,000, Frederick offers a unique blend of small-town charm and big-city amenities.
Frederick's Specialty Properties market offers a range of investment opportunities, with 2 listings currently available. The average price per square foot for Specialty Properties in Frederick is $74 USD, with an average size of 8,505 square feet. The largest Specialty Property available in Frederick is 10,812 square feet. In addition to Specialty Properties, Frederick also offers a range of other property types, including Shopping Centers, with popular destinations like the Francis Scott Key Mall and the Frederick Towne Mall. Land is also available for development, with opportunities for commercial and residential projects. Office Properties, such as those found in the downtown area, offer a range of spaces for businesses and organizations. Warehouses, like those located near the Frederick Municipal Airport, provide storage and distribution facilities for companies. With its diverse economy and range of property types, Frederick is an attractive location for businesses and investors alike.
When it comes to financing specialty property purchases in Frederick, Maryland, investors and buyers have various options to consider. For instance, commercial real estate loans (CRE loans), as explained in our article at CRE loans, can provide the necessary funding for acquiring unique properties, such as those with 2 available listings, averaging $74 USD per square foot, and ranging in size from 8,505 square feet to 10,812 square feet, with an average cap rate of.