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5303 Spectrum Dr; Frederick, MD Property Details

5303 Spectrum Dr, Frederick, MD is a Industrial Loft Building that was built in 1986. This property is currently Financed and is not for sale. Our records show that 5303 Spectrum Dr has a total of 34,675 square feet. The lot size of 5303 Spectrum Dr is 307,969 square feet.

Off market
5303 Spectrum Dr Frederick, MD 21703
$6,772,267 Estimated Value
34,675 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1986
  • Purchase Price: $43,000,000
  • Open Loans: 1
  • APN: 28-551649
  • Situs County: Frederick
  • Length Of Ownership: 6 years, 2 months

Structure

  • Building Style: Masonry
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Flat
  • Roof Cover Type: Built-up
  • Sewer Type: Municipal

Measurements

  • Total: 34,675/SqFt
  • Lot: 307,969/SqFt
  • Gross: 34,675/SqFt
  • Living: 69,350/SqFt
  • Building: 69,350/SqFt
  • Ground: 34,675/SqFt
  • Price Per Square Foot: $1240.09

Legal Description

  • Description: LOT 4 PL 4 SEC 1 7.07 AC FREDERICK CORPORATE PARK
Building Insights

Land Information

  • Property Type: Industrial Loft Building
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Frederick County Public Schools
  • Lat / Lon: 39.37532 / -77.40411
  • Subdivision: Fred Office & Research Park
  • Property Class: Industrial
  • Zoning: LI
  • County Use Code: A190

Amenities

  • Plus Four: 7371
  • Cooling: Packaged Unit
  • Heating: Yes

Ownership Info

5303 Spectrum Dr has no associated ownership info
5303 Spectrum Dr has no associated ownership info.

Taxes

5303 Spectrum Dr has 9 associated Taxes items

5303 Spectrum Dr, 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 $6,772,267. The APN we've located for 5303 Spectrum Dr is 28-551649.

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Taxes
  • Assessed Value:  $6,772,267
  • Assessed Year:  2026
  • Assessed County:  Frederick
  • APN:  28-551649
  • Market Land Value:  2615900
  • Tax Amount:  61981.41
  • Tax Year:  2025
  • Market Value:  8133400
  • Market Year:  2026

Tax History

5303 Spectrum Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $6,772,267 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $61,981.41 Change Rate +0.227076% Assessed CR Tax Rate
Year 2024 Assessed Value $4,050,000 Land Value $2,617,700 Improvement Value $1,432,300 Tax Amount $50,511.45 Change Rate +0.032194% Assessed CR Tax Rate +0.012472%
Year 2023 Assessed Value $4,050,000 Land Value $2,617,700 Improvement Value $1,432,300 Tax Amount $48,936.01 Change Rate -0.075072% Assessed CR Tax Rate +0.012083%
Year 2022 Assessed Value $4,388,900 Land Value $2,617,700 Improvement Value $1,771,200 Tax Amount $52,907.91 Change Rate -0.554228% Assessed CR Tax Rate +0.012055%
Year 2021 Assessed Value $5,063,000 Land Value $2,617,700 Improvement Value $2,445,300 Tax Amount $118,688.24 Change Rate +1.031757% Assessed CR Tax Rate +0.023442%
Year 2020 Assessed Value $4,903,267 Land Value Improvement Value Tax Amount $58,416.56 Change Rate +0.005786% Assessed CR Tax Rate +0.011914%
Year 2019 Assessed Value $4,874,333 Land Value Improvement Value Tax Amount $58,080.51 Change Rate +0.081128% Assessed CR Tax Rate +0.011916%
Year 2018 Assessed Value $4,583,800 Land Value $2,617,700 Improvement Value $1,966,100 Tax Amount $53,722.14 Change Rate Assessed CR Tax Rate +0.01172%
Year 2017 Assessed Value $4,583,800 Land Value Improvement Value Tax Amount $53,722.14 Change Rate Assessed CR Tax Rate +0.01172%
Year 2016 Assessed Value $4,583,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $6,312,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $6,246,067 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $72,717.78 Change Rate Assessed CR Tax Rate