16700–16708 Frederick Road — Mt. Airy, Maryland
Mixed-Use Income Portfolio • 100% Occupied • Value-Add Opportunity
This offering presents a mixed-use assemblage comprising a single-family residence, a residential duplex, and a commercial auto repair shop—three distinct assets on a contiguous Frederick Road corridor with direct I-70 access.
The portfolio is 100% occupied with $74,160 in current gross rental income. All units are on monthly renewals, setting the stage for a near-term rent reset event. Current rents are demonstrably below market across all four income-producing units, with a documented minimum $20,400 annual upside on full rollover.
The auto repair shop lease expires March 2027, creating a defined catalyst for rent reset from $1,800 to $2,500 per month. The garage component is currently priced at $7.85 PSF against a market rate of approximately $15 PSF—significant repricing potential. An unmonetized gravel parking lot rounds out an already compelling value-add story.
Multiple vectors for value creation across a diversified, fully-occupied asset base in one of Maryland's fastest-growing suburban corridors.
Three distinct asset types—residential SFR, duplex, and commercial auto shop—reduce concentration risk while diversifying tenant profile.
Day-one cash flow from a fully-leased portfolio. No lease-up risk, no vacancy drag. Four income-producing units all producing current rent.
All units are on monthly renewals at below-market rents. Full market rollover unlocks a minimum $1,700/month in additional net income.
The commercial auto repair lease expires March 2027. Rent resets from $1,800/mo to $2,500/mo — a defined $8,400/year single-unit catalyst.
The garage component is priced at nearly half the market rate. Lease renewal or re-tenanting delivers significant per-square-foot repricing opportunity.
An existing gravel lot currently generates $0 in income. Repositioned as monthly parking or storage, it represents an entirely new revenue stream.
Direct I-70 access along Frederick Road. Positioned in Frederick County—Maryland's fastest-growing county—with strong suburban demand fundamentals.
2024 net profit: $45,773. 2025 net profit: $56,408. Demonstrated profitability with improving margins year-over-year.
All four income-producing units are occupied on monthly renewals with documented below-market rents. Upside is available immediately on rollover.
| Address | Type | Current Rent | Market Rent | Notes |
|---|---|---|---|---|
| 16700 Frederick Rd | Single-Family Residence | $1,600/mo | $2,000/mo | Immediate Upside |
| 16706 Frederick Rd — Unit A | Duplex A | $1,430/mo | $1,730/mo | Below Market |
| 16706A Frederick Rd — Unit B | Duplex B | $1,350/mo | $1,650/mo | Below Market |
| 16708 Frederick Rd | Auto Repair Shop | $1,800/mo | $2,500/mo | Lease Exp. Mar 2027 |
| 16708 Garage | Commercial Garage | $7.85 PSF | ~$15 PSF | Significant Repricing |
| Gravel Lot | Parking / Land | $0 | TBD | New Revenue |
| Line Item | 2024 | 2025 |
|---|---|---|
| Revenue | $80,664 | $73,560 |
| Expenses | $34,891 | $17,152 |
| Net Profit | $45,773 | $56,408 |
Historical financials reflect actual owner-reported performance. Full financials available in the deal room upon access request.
Significant capital has been deployed across the portfolio over two decades, reducing near-term capex burden for an incoming owner.
Positioned along the I-70 corridor in one of Maryland's most dynamic suburban growth markets.
16700–16708 Frederick Road sits directly along the Frederick Road corridor with immediate I-70 access — a high-visibility commercial and residential artery connecting Frederick County to the Baltimore-Washington metro.
The auto repair shop benefits from strong drive-by traffic and commercial tenant demand in a market with limited comparable industrial/commercial supply.
Frederick County is Maryland's fastest-growing county, driven by strong demographic tailwinds, above-average household incomes, and persistent housing demand from commuters and remote workers seeking suburban quality of life.
Mt. Airy sits at the intersection of Carroll and Frederick counties, capturing demand from both markets with access to top-rated schools and community infrastructure.
Full offering memorandum, financials, lease abstracts, and property documentation are available in the secure deal room. Contact us for access credentials.
Reach out directly to explore this opportunity. The full offering memorandum and supporting financials are available upon request.