5123 Pegasus Ct, Frederick, MD 21704 Property Records

Frederick County property record for 5123 Pegasus Ct, Frederick, MD 21704 · Last verified August 2026

Property Highlights

Property TypeIndustrial > Industrial Loft Building, Loft Building
Year BuiltBuilt 2006
Square Footage69,240 sqft Total Area
Lot Size14.2 acres
Tax Bill$198,529.00 (2025)

Owner

Source: Frederick County records · APN 28-584482

Assessment roll updated August 7, 2026 · Last verified August 2026

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

Owner of RecordCompany Name on File
Mailing Address2560 LORD BALTIMORE DR, WINDSOR MILL, MD 21244-2677
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Mar 03, 2023Deed of Trust, Mortgage · Commercial Mortgage
STANDARD INSURANCE CO
Mar 03, 2023Assignment of Lease (Leasehold Sale), Transfer
FIRST AMERICAN TITLE INSURANCE COMPANY NA, FIRST AMER TTL INS CO NATL C

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 18, 2001
Deed SaleDec 18, 2001
Deed Doc Number20018964
Deed Book / Page3023 / 761
Record RefreshedSep 20, 2026

March 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionFREDERICK MD
Property Address5123 PEGASUS CT, FREDERICK, MD 21704-7252
Transaction TypeMortgage
Record UpdatedSep 27, 2023
Title CompanyFIRST AMERICAN TITLE INSURANCE COMPANY NC, FIRST AMER TTL INS CO NCS

Transferred To (Grantee/Buyer)

NameVerified Name
Address20 W BALTIMORE ST LORD, BALTIMORE, MD 21201-2550

Mortgage

Document Number0163500316
DateMar 03, 2023
Book Page16350/316
Lender
NameSTANDARD INSURANCE CO
TypeFunding / Finance Company
AddressHILLSBORO, OR 97124
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

March 2023: Assignment of Lease (Leasehold Sale), Transfer

Document TypeAssignment of Lease (Leasehold Sale)
JurisdictionFREDERICK MD
Recording DateMar 03, 2023
Property Address5123 PEGASUS CT, FREDERICK, MD 21704-7252
Document Number0163500341
Book / Page16350 / 341
Map ReferenceMB 68 PG 14
Instrument DateFeb 17, 2023
Transaction TypeTransfer
Record UpdatedMar 22, 2023
Title CompanyFIRST AMERICAN TITLE INSURANCE COMPANY NA, FIRST AMER TTL INS CO NATL C

Transaction

Tax$0.00
Amount AccuracyZero or No Consideration Stated
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name
Address2560 LORD BALTIMORE DR, BALTIMORE, MD 21244-2677

Transferred To (Grantee/Buyer)

NameVerified Name
Address10265 NE TANASBOURNE DR, HILLSBORO, OR 97124-7834

Tax Assessment & Valuation

Source: Frederick County records · Assessment roll updated August 7, 2026 · Last verified August 2026

Property Jurisdictions

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

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2026$16,038,800 (+3.96%)$16,041,000 (+0.04%) Land $3,082,200 Building $12,958,800
2025$198,529.00 (+8.26%)
2023$183,377.00$15,427,900$16,034,400 Land $2,241,700 Building $13,792,700

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Frederick County (24021C), updated November 6, 2024 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo
Nearest Special Flood Hazard AreaZone AE, within 500 ft

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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

Property Details

APN / Parcel Number

Primary APN28-584482
Alternative APN
  • 584482

Interior

Units28 Units
Building Area69,240 sqft Total Area
1st Floor69,240 sqft 1st Floor
Stories2 Stories
Fire SprinklersThe property is equipped with a fire-suppression sprinkler system

Exterior

Year BuiltBuilt 2006
Effective Year BuiltEffective 2006
Exterior MaterialBrick Veneer Exterior
Construction TypeMasonry/Concrete Masonry Units (CMUs) Construction
Fire Resistance ClassBuildings having exterior walls built of a non-combustible material such as brick, concrete, block or poured concrete. Interior partitions and roof structure are built of combustible materials. Floor may be concrete or wood frame.
Roof ConstructionFlat Roof Construction
Roof MaterialBuiltup (layered Asphalt) Roof
Lot Area622,037 sqft

Utilities and HVAC

Cooling SystemA/C Package Cooling
Heating SystemHVAC Heating
SewageMunicipal Sewage

Location & Zoning

Account Number584482
Street Address5123 PEGASUS CT
CityFREDERICK
StateMD
Zip21704-7252
Property UsageIndustrial Property Usage
TypeIndustrial > Industrial Loft Building, Loft Building
Legal DescriptionLOT 4D SECTION 1 PLAT 2-14.28 ACRES CENTER AT MONOCACY
Legal SubdivisionCENTER AT MONOCACY
Legal Lot Number4D
JurisdictionFREDERICK MD
Minor Civil Division2, FREDERICK
Census Blockgroup1
Census Block1019
Census Tract751003

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