490 Prospect Blvd, #8, Frederick, MD 21701 Property Records

Frederick County property record for 490 Prospect Blvd, #8, Frederick, MD 21701

Property Summary

Property TypeRegional Shopping Center, Mall
Details28,300 sqft · built 1989
Lot Size2.85 acres (124,538 sqft)
OwnerCompany Name on Record
Last Sale$16,100,000 (Apr 2025)
Tax Bill$59,479 (2025)
Flood ZoneZone X (minimal risk)
APN02-149303

Property Details

APN / Parcel Number

Primary APN02-149303
Alternative APNs
  • 2149303
  • 149303

Interior

Units12 Units
Stories1 Story
Building Area28,300 sqft Gross Area
1st Floor Area28,300 sqft

Exterior

Year BuiltBuilt 1989
Effective Year BuiltEffective 1989
Exterior MaterialBrick Veneer
Construction TypeBrick
Fire ResistanceMasonry Walls, Wood Interior
Lot Area124,538 sqft
View / LotCommercial/Industrial
Canopy3,213 sqft

Utilities, Heating & Cooling

Cooling SystemPackage A/C
Heating SystemHVAC
SewerMunicipal

Location & Zoning

Account Number149303
Street Address490 PROSPECT BLVD, 8
CityFREDERICK
StateMD
Zip21701-6430
Property CategoryCommercial
Property TypeCommercial > Retail > Regional Shopping Center, Mall
Local Zoning CodeGC
Legal DescriptionUNIT 8 28250 SQ.FT. FESTIVAL AT FREDERICK CONDO
Legal SubdivisionFREDERICK CONDO
Legal Lot Number7
Legal Unit8
JurisdictionFREDERICK MD
Township / Civil Division2, FREDERICK
Census Block Group1
Census Block1004
Census Tract765100

Owner

Source: Frederick County records, as of August 7, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address5003 CRAPE MYRTLE CT, ELLICOTT CITY, MD 21042-6012
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 22, 2025 · Amount on Record
Deed SaleApr 22, 2025 · Amount on Record
Deed Book / Page17309 / 490
Record UpdatedSep 20, 2026

Tax Assessment & Valuation

Source: Frederick County assessment roll, as of August 7, 2026

Property Jurisdictions

TypeName
StateMaryland
CountyFrederick County
MunicipalityFrederick City
Unified School DistrictFrederick County Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$3,827,567 (+45.04%)$5,030,300 (+55.92%) Land $1,868,000 Building $3,162,300
2025$59,479.00 (+23.84%)
2023$48,029.00$2,639,000$3,226,200 Land $1,868,000 Building $1,358,200

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective November 6, 2024

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 122 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 2,000
AT&T
Fixed Wireless
100 / 20

May also be available: Glo Fiber, Verizon.

Nearby Properties on Prospect Blvd

Nearby Streets

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