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5 Prospect Blvd; Frederick, MD Property Details

5 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 5 Prospect Blvd has a total of 8,913 square feet. The lot size of 5 Prospect Blvd is 39,595 square feet.

Off market
5 Prospect Blvd Frederick, MD 21701
$1,255,733 Estimated Value
8,913 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: 02-149265
  • 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: 8,913/SqFt
  • Lot: 39,595/SqFt
  • Gross: 8,913/SqFt
  • Living: 8,913/SqFt
  • Building: 8,913/SqFt
  • Ground: 8,913/SqFt
  • Price Per Square Foot: $1806.35

Legal Description

  • Description: UNIT 5 8913 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: 39.404514 / -77.430504
  • Subdivision: Frederick Condo
  • Property Class: Commercial
  • Zoning: GC
  • County Use Code: B121

Amenities

  • Cooling: Packaged Unit
  • Heating: Yes

Ownership Info

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

Taxes

5 Prospect Blvd has 9 associated Taxes items

5 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 $1,255,733. The APN we've located for 5 Prospect Blvd is 02-149265.

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Taxes
  • Assessed Value:  $1,255,733
  • Assessed Year:  2026
  • Assessed County:  Frederick
  • APN:  02-149265
  • Market Land Value:  593900
  • Tax Amount:  20092.24
  • Tax Year:  2025
  • Market Value:  1584200
  • Market Year:  2026

Tax History

5 Prospect Blvd has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,255,733 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $20,092.24 Change Rate +0.064906% Assessed CR Tax Rate
Year 2024 Assessed Value $1,020,267 Land Value Improvement Value Tax Amount $18,867.62 Change Rate +0.095123% Assessed CR Tax Rate +0.018493%
Year 2023 Assessed Value $949,033 Land Value Improvement Value Tax Amount $17,228.77 Change Rate +0.084173% Assessed CR Tax Rate +0.018154%
Year 2022 Assessed Value $877,800 Land Value $593,900 Improvement Value $283,900 Tax Amount $15,891.16 Change Rate -0.410626% Assessed CR Tax Rate +0.018103%
Year 2021 Assessed Value $787,700 Land Value Improvement Value Tax Amount $26,962.76 Change Rate +1.105857% Assessed CR Tax Rate +0.03423%
Year 2020 Assessed Value $714,300 Land Value Improvement Value Tax Amount $12,803.7 Change Rate +0.173678% Assessed CR Tax Rate +0.017925%
Year 2019 Assessed Value $607,500 Land Value $200,400 Improvement Value $407,100 Tax Amount $10,909.04 Change Rate -0.265126% Assessed CR Tax Rate +0.017957%
Year 2018 Assessed Value $832,200 Land Value Improvement Value Tax Amount $14,844.78 Change Rate +0.429109% Assessed CR Tax Rate +0.017838%
Year 2017 Assessed Value $886,300 Land Value Improvement Value Tax Amount $10,387.44 Change Rate Assessed CR Tax Rate +0.01172%
Year 2016 Assessed Value $809,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $809,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $901,300 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $15,858.06 Change Rate Assessed CR Tax Rate