5340 Spectrum Dr, Frederick, MD 21703 Property Records

Frederick County property record for 5340 Spectrum Dr, Frederick, MD 21703 · Last verified April 2026

Property Highlights

Property TypeIndustrial > Industrial Loft Building, Loft Building
Year BuiltBuilt 1987
Square Footage73,170 sqft Gross Area
Lot Size367,211 sqft (8.43 acres)
Last Sale$12,950,000 (2016)
Tax Bill$108,237.00 (2024)

Property Details

APN / Parcel Number

Primary APN28-551622
Alternative APN
  • 551622

Interior

Units16 Units
Building Area73,170 sqft Gross Area
1st Floor73,170 sqft 1st Floor
Stories1 Stories
Fire SprinklersThe property is equipped with a fire-suppression sprinkler system

Exterior

Year BuiltBuilt 1987
Effective Year BuiltEffective 1987
Exterior MaterialBrick Exterior
Construction TypeBrick 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 Area367,211 sqft (8.43 acres)
Total Buildings2 Total Buildings

Utilities and HVAC

Cooling SystemA/C Package Cooling
Heating SystemHVAC Heating
SewageMunicipal Sewage

Location & Zoning

Account Number551622
Street Address5340 SPECTRUM DR
CityFREDERICK
StateMD
Zip21703-7365
Property UsageIndustrial Property Usage
TypeIndustrial > Industrial Loft Building, Loft Building
Legal DescriptionLOT 1A PLAT 1 SEC 1 8.43 ACRES SPECTURM DR FRED. OFFICE/RESEARCH PK
Legal SubdivisionFREDERICK OFFICE & RESEARCH PARK
Legal Lot Number1A
JurisdictionFREDERICK MD
Minor Civil Division2, FREDERICK
Census Blockgroup3
Census Block3026
Census Tract751003

Owner

Source: Frederick County records · APN 28-551622

Assessment roll updated August 4, 2025 · Last verified April 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 Address12 W CHURCH ST, 120, FREDERICK, MD 21701-6785
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJul 21, 2016 · Amount on Record
Deed SaleJul 21, 2016 · Amount on Record
Prior SaleSep 13, 2011 · Amount on Record
Deed Book / Page11266 / 312
Prior Transfer DateJul 18, 2016
Prior Transfer Doc0112660312
Record RefreshedJun 08, 2026

April 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionFREDERICK MD
Property Address5340 SPECTRUM DR, FREDERICK, MD 21703-7365
Transaction TypeMortgage
Record UpdatedAug 11, 2022

Transferred To (Grantee/Buyer)

NameVerified Name
Address12 W CHURCH ST 120, 120, FREDERICK, MD 21701-6785

Mortgage

Document Number0147410417
DateApr 07, 2021
Book Page14741/417
Lender
NameVOYA INVESTMENT MANAGEMENT LLC
TypeNon-Lending Institution
AddressATLANTA, GA 30327
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Frederick County records · Assessment roll updated August 4, 2025 · Last verified April 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
2025$9,253,133 (+12.62%)$10,138,800 (+15.08%) Land $2,238,100 Building $7,900,700
2024$108,237.00 (+10.62%)
2023$97,849.00$8,216,333$8,810,300 Land $2,237,500 Building $6,572,800

Flood & Wildfire

5340 Spectrum Dr is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.

Flood

Source: FEMA National Flood Hazard Layer · Frederick County (24021C), updated November 6, 2024

FEMA Flood ZoneZone X
minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard AreaNo

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to HomesNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach of burnable land

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

Nearby Properties on Spectrum Dr

Nearby Streets

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