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1539 Tilco Dr
11,026 SF Flex Condo Unit Offered at $2,295,000 in Frederick, MD 21704
Investment Highlights
- Situated in Industrial Center East Park with easy access to I-270, I-70, and Highway 40 West.
- Investor owner opportunity with a robust CAP rate and ROI.
- The warehouse area spans around 8,000 +/- square feet, with an additional office space of approximately 3,000 +/- square feet.
- Investor owned. Both condo units are currently 100% leased, offering investors a stable income stream.
- Two separate Tax ID condos, Suite 120 with Tax ID 02-589866 and Suite 121 with Tax ID 02-589867, are being sold as one.
Executive Summary
Situated within the Industrial Center East Park, this premier industrial hub offers excellent accessibility to major transportation routes, including I-270, I-70, and Highway 40 West, facilitating seamless logistics and distribution for businesses. The property spans 11,026 +/- square feet, featuring 8,000 +/- square feet dedicated to warehouse space, providing ample room for storage, manufacturing, or distribution operations. Additionally, two bays equipped with two dock overhead door. The facility also includes 3,000+/- square feet of modern office space, featuring three restrooms and one kitchenette, offering a comfortable and functional workspace for administrative tasks and client meetings. Currently, the property is 100% leased, guaranteeing investors stable income streams with a robust CAP rate, ensuring immediate returns and long-term growth potential
Property Facts
| Price | $2,295,000 | Building Class | B |
| Unit Size | 11,026 SF | Floors | 1 |
| No. Units | 1 | Typical Floor Size | 128,610 SF |
| Total Building Size | 128,610 SF | Year Built | 2007 |
| Property Type | Flex (Condo) | Lot Size | 7.88 AC |
| Property Subtype | Light Distribution | Parking Ratio | 1.54/1,000 SF |
| Sale Type | Investment or Owner User | Opportunity Zone |
Yes
|
| Price | $2,295,000 |
| Unit Size | 11,026 SF |
| No. Units | 1 |
| Total Building Size | 128,610 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Light Distribution |
| Sale Type | Investment or Owner User |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 128,610 SF |
| Year Built | 2007 |
| Lot Size | 7.88 AC |
| Parking Ratio | 1.54/1,000 SF |
| Opportunity Zone |
Yes |
1 Unit Available
Unit 120 &121
| Unit Size | 11,026 SF | Condo Use | Flex |
| Price | $2,295,000 | Sale Type | Investment or Owner User |
| Price Per SF | $208.14 | No. Parking Spaces | 8 |
| Unit Size | 11,026 SF |
| Price | $2,295,000 |
| Price Per SF | $208.14 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 8 |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
zoning
| Zoning Code | M1 (City of Frederick Zoning - Light Industrial District) |
| M1 (City of Frederick Zoning - Light Industrial District) |
Presented by
1539 Tilco Dr
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