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1 Prospect Blvd; Frederick, MD Property Details

1 Prospect Blvd, Frederick, MD is a Shopping Center/mall that was built in 1988. This property is currently Financed and is not for sale. Our records show that 1 Prospect Blvd has a total of 14,835 square feet. The lot size of 1 Prospect Blvd is 39,596 square feet.

Off market
1 Prospect Blvd Frederick, MD 21701
$2,006,367 Estimated Value
14,835 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1988
  • Purchase Price: $16,100,000
  • Open Loans: 1
  • APN: 02-149222
  • Situs County: Frederick
  • Length Of Ownership: 1 year, 3 months

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: Municipal

Measurements

  • Total: 14,835/SqFt
  • Lot: 39,596/SqFt
  • Gross: 14,835/SqFt
  • Living: 14,835/SqFt
  • Building: 14,835/SqFt
  • Ground: 14,835/SqFt
  • Price Per Square Foot: $1085.27

Legal Description

  • Description: UNIT 1 14,824 SQ FT FESTIVAL AT FREDERICK CONDO
Building Insights

Land Information

  • Property Type: Shopping Center/Mall
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Frederick County Public Schools
  • Lat / Lon: 39.404377 / -77.428696
  • Subdivision: Frederick Condo
  • Property Class: Commercial
  • Zoning: GC
  • County Use Code: B120

Amenities

  • Cooling: Packaged Unit
  • Heating: Yes

Ownership Info

1 Prospect Blvd has no associated ownership info
1 Prospect Blvd has no associated ownership info.

Taxes

1 Prospect Blvd has 9 associated Taxes items

1 Prospect Blvd, Frederick, MD pays taxes in Frederick County, MD. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $2,006,367. The APN we've located for 1 Prospect Blvd is 02-149222.

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Taxes
  • Assessed Value:  $2,006,367
  • Assessed Year:  2026
  • Assessed County:  Frederick
  • APN:  02-149222
  • Market Land Value:  593900
  • Tax Amount:  31163.34
  • Tax Year:  2025
  • Market Value:  2636900
  • Market Year:  2026

Tax History

1 Prospect Blvd has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $2,006,367 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $31,163.34 Change Rate +0.055643% Assessed CR Tax Rate
Year 2024 Assessed Value $1,594,633 Land Value Improvement Value Tax Amount $29,520.72 Change Rate +0.084262% Assessed CR Tax Rate +0.018513%
Year 2023 Assessed Value $1,498,167 Land Value Improvement Value Tax Amount $27,226.55 Change Rate +0.071859% Assessed CR Tax Rate +0.018173%
Year 2022 Assessed Value $1,401,700 Land Value $593,900 Improvement Value $807,800 Tax Amount $25,401.25 Change Rate -0.425433% Assessed CR Tax Rate +0.018122%
Year 2021 Assessed Value $1,271,633 Land Value Improvement Value Tax Amount $44,209.36 Change Rate +1.07276% Assessed CR Tax Rate +0.034766%
Year 2020 Assessed Value $1,189,100 Land Value Improvement Value Tax Amount $21,328.74 Change Rate +0.173325% Assessed CR Tax Rate +0.017937%
Year 2019 Assessed Value $1,011,500 Land Value $333,700 Improvement Value $677,800 Tax Amount $18,178.03 Change Rate -0.263985% Assessed CR Tax Rate +0.017971%
Year 2018 Assessed Value $1,384,567 Land Value Improvement Value Tax Amount $24,697.91 Change Rate +0.429183% Assessed CR Tax Rate +0.017838%
Year 2017 Assessed Value $1,474,500 Land Value Improvement Value Tax Amount $17,281.14 Change Rate Assessed CR Tax Rate +0.01172%
Year 2016 Assessed Value $1,346,300 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $1,346,300 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $1,499,467 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $26,397.65 Change Rate Assessed CR Tax Rate