Opportunity to develop a 0.91± acre property on East Patrick Street, in Historic Downtown Frederick. The property is centrally located, directly across the street from the Carrol Creek Linear Park, and a few blocks from the amenity packed in Downtown including restaurants, shops, breweries, distilleries, public library, parks, etc. Additionally, the property is located within a Qualified Opportunity Zone, a Qualified Census Tract, and is zoned by-right for multifamily development. Concept Plans and Site Plans have been previously submitted to the City of Frederick, ensuring a quick and easy entitlement process. This is a rare opportunity to purchase a by-right multifamily development in the heart of one of Maryland’s consistently rated best places to live.