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$774,900 Just Listed
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Property Description
The Mt. Airy Investment Portfolio is a mixed-use assemblage comprising four income-producing units located at 16700-16708 Frederick Road (Route 144) in Mt. Airy, Maryland. The portfolio consists of a single-family residence, a residential duplex, and a commercial auto repair shop with associated garage and gravel lot - all situated along the Frederick Road corridor with direct access to I-70. The property is 100% occupied and generates $74,160 in current gross rental income. However, rents across all units are materially below market, presenting an immediate mark-to-market opportunity of at least $20,400 annually upon lease rollover. All tenants are currently on monthly renewals, offering a near-term rent reset event. This offering represents a compelling blend of stabilized cash flow and clearly identifiable value-add upside for investors seeking small-balance mixed-use portfolios in growing suburban Maryland markets. **Tenant Items have been digitally removed**
Full Property Details
Full Property Details for 16700 Frederick Rd
General
- Price: $774,900
- Taxes: $9,711 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSMidAtlantic
- MLS ID: MDHW2067066
- Updated: 4/18/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Auto Related
Interior
- Flooring: Carpet, Hardwood, Concrete
Rooms
Bathrooms
- Restrooms: 6
Parking
- Total Spaces: 15
- Parking Type: Driveway
Location
- County: HOWARD
- Driving Directions: From 70, Take exit for MD-94 S toward Lisbon. Drive to MD-144 W/Frederick Rd. Turn left onto MD-94 S / Woodbine Rd. At the traffic circle, take the 1st exit onto MD-144 W/Frederick Rd. Home will be on the right. The buildings are numbered 16700, 16706, and 16708
School Information
- Elementary School: Lisbon
- Middle School: Glenwood
- High School: Glenelg
Heating & Cooling
- Cooling Type: Multi Units, Ceiling Fan(s), Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Other, Shared Septic, Septic Exists, Private Septic Tank, Gravity Sept Fld
- Water: Private, Well
- Utility Description: Natural Gas Available
Structural Information
- Construction: Frame
- Foundation: Block
- Roof: Architectural Shingle, Flat, Rubber, Pitched
- Ceiling Height: 12' to 15', 8' to 10'
- Drive-In Doors: 2
- Drive-In Clearance: 8' to 12'
- Building Size: 8566
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Average, Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Lot Size Source: Estimated
- Zoning: RCDEO
Financial Considerations
- Price Per Sq. Ft.: $90.46
- Operating Expenses: $17,550
- Assessment Year: 2026
- County Tax: $7,400
- County Tax Freq: Annually
- Tax w/Assessment: $656,233
- Tax Amount: $9,711
- Tax Year: 2025
- Owner Pays: Advertising/Licenses and Permits, Common Area Maintenance, Insurance, Management, Pest Control, Repairs, Reserves for Replacement, Sewer, Taxes - Real Estate, Trash Collection, Snow Removal, Lawn/Shrub Care
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
Listed by Keller Williams Realty Centre, Vishal P Doddanna
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Schools
Schools serving 16700 Frederick Rd
School District:Howard County Public Schools
| Name | Grades | Distance |
|---|---|---|
Lisbon Elementary School 15901 Frederick Road, Woodbine, MD 21797 | K-5 | 1.6 mi |
Bushy Park Elementary School 14601 Carrs Mill Rd, Glenwood, MD 21738 | K-5 | 4.9 mi |
Glenwood Middle School 2680 Maryland 97, Glenwood, MD 21738 | 6-8 | 5 mi |
Glenelg High School 14025 Burntwoods Road, Glenelg, MD 21737 | 9-12 | 6.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16700 Frederick Rd
Date
Details
Price
Change
Source
4/17/2026
Listed
$774,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16700 Frederick Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
$74,925
—
$9,526,900
3%
2022
$74,925
—
$9,223,167
3%
2022
$74,925
—
$8,919,433
34%
2022
$74,925
252%
$6,654,100
35%
2019
$21,274
35357%
$4,927,833
54%
2021
$60
—
$3,201,567
117%
2020
$60
—
$1,475,300
—
2019
$60
—
$1,475,300
—
2018
$60
—
$1,475,300
-12%
2017
$60
—
$1,668,000
—
2016
$60
—
$1,668,100
—
2015
$60
—
$1,668,100
-2%
2014
$60
—
$1,694,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16700 Frederick Rd
16700 Frederick Road, Mount Airy, MD 21771 (MLS# MDHW2067066) is a Commercial Service property. 16700 Frederick Road is currently listed for $774,900 and was received on April 17, 2026. Want to learn more about 16700 Frederick Road? Do you have questions about finding other Commercial Service real estate for sale in Mount Airy? You can browse all Mount Airy real estate or contact a Coldwell Banker agent to request more information.

