Hagerstown, MD Industrial Properties for Sale

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Updated: Apr 24

Renovated Flex Space For Sale

651 N Prospect St, Hagerstown, MD 21740

$2,900,000

32,058 sqft

44,000 Rentable sq. ft. Business‑User Property
Total building renovation completed in Dec. 2025
Owner financing available to pre‑qualified purchaser
Convenient access to I‑81, I‑70, & I‑270 and Baltimore‑Washington Metro Areas
Fenced impound yard with new roll‑up access to a Lower Level

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This listing looks promising.

Here's a quick look at some key insights for

651 N Prospect St, Hagerstown, MD 21740

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Est. Cap Rate

6.3%
Above avg (5.9%)
Est. NOI

$182K
Annual
Price @ 7% Cap

$2.6M
Suggested
Last Sold

Aug 2014
$90K
Property Type

Warehouse, Storage
Built 1957

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Updated: Jul 21

Two-Story Warehouse Building

839 S POTOMAC ST, Hagerstown, MD 21740

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7,839 sqft 0.31 AC lot

Two‑story warehouse building totaling approximately 7,839 SF
0.31‑acre site
Zoned Commercial General (CG) for a broad range of commercial uses
Located along South Potomac Street in Hagerstown, MD
Convenient access to Downtown Hagerstown, I‑70, and I‑81

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Versatile Mixed-Use Commercial Property

1096 S POTOMAC ST, Hagerstown, MD 21740

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768 sqft 0.42 AC lot

Mixed-use property suitable for various business and residential purposes.

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Industrial Warehouse on Divisible Acres

19224 Longmeadow Rd, Hagerstown, MD 21742

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287,300 sqft 20.00 AC lot

Rail-served industrial facility with dock and drive-in loading, wet sprinklers, and heavy power.

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Versatile Garage Space Opportunity

400 Howard W, Hagerstown, MD 21740

$65,000

3,040 sqft

Spacious garage ideal for storage, auto repair, or workshop.

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Large-Scale Manufacturing Facility

857 WILLOW CIRCLE, Hagerstown, MD 21740

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265,515 sqft

Flexible industrial space combines manufacturing, distribution, receiving, dock access, and sprinkler protection.

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Warehouse with Yard Parking

1394 JEFFERSON BLVD, Hagerstown, MD 21742

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1,800 sqft

Warehouse totaling 1,800 sq. ft. with 12' ceilings, 12' overhead doors, mezzanine storage, and secured gravel parking.

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High Bay Warehouse with Yard

1394 JEFFERSON BLVD, Hagerstown, MD 21742

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2,500 sqft

2,500 SF high bay warehouse features 18' ceilings, 12' overhead doors, and an on-site secured gravel parking area.

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Rear-Loaded Distribution Center

12001 Hopewell Rd, Hagerstown, MD 21740

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208,000 sqft

Rear-loaded 208,000 SF distribution center with 40 dock-high doors, 40-foot clear height, and ESFR sprinklers.

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Hagerstown Industrial Opportunity

16965 Virginia Ave, Hagerstown, MD 21740

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489,060 sqft

489,060 SF industrial space available for sale/lease.

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Hagerstown Office and Industrial Space

12001 Hopewell Road, Hagerstown, MD 21740

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208,000 sqft

208,000 SqFt office and industrial space for sale.

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Multi-Use Building Near Meritus Park

100 Summit Ave, Hagerstown, MD 21740

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53,514 sqft

53,500 SF multi-use building near upcoming baseball stadium.

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Hagerstown Warehouse and Industrial Property

Sharpsburg Pike & Col Hendry K Douglas Dr, Hagerstown, MD

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918,960 sqft 31.25 AC lot

Large industrial property in Hagerstown, Maryland, totaling 918960 square feet.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 13 Active listings in Hagerstown, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Remodeled Flex/Industrial Building

220 Potomac S, Waynesboro, PA 17268

$399,000

5,752 sqft

Clear-span flex building with removable interior walls, three-phase electric, and front and rear parking access.

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Updated Flex Space with Warehouse

128 W Third St, Waynesboro, PA 17268

$275,000

4,140 sqft

Adaptable commercial layout combines a customer-facing front area with rear warehouse functionality and overhead door access.

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Industrial Property with Outdoor Storage

4786 Williamsport Pike, Martinsburg, WV 25404

Contact for pricing

10,000 sqft 8.29 AC lot

10,000 SF industrial building on 8.29 acres near Route 81.

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Interstate Frontage Development Opportunity

1955 ROCK CLIFF DRIVE, Martinsburg, WV 25403

$359,900

1.67 AC lot

1.67 acres approved for storage and RV sites.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Lot Near I-70

1462 OAKMONT Dr, Hagerstown, MD 21740

$750,000

Commercial lot zoned Highway Interchange near I-70 in Hagerstown.

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Martinsburg Land I-81 Visibility

INTERSTATE I-81 Corridor, Martinsburg, WV 25403

$1,950,000

53.39 AC lot

53+/- acres visible from I-81, ideal for development.

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Martinsburg Land Near I-81

229 WHEATLAND Street, Martinsburg, WV 25405

$699,900

8.93 AC lot

8.93 acres near I-81, ideal for development or investment.

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Industrial Land in Frederick, MD

4060 STANFORD Court, Frederick, MD 21703

$499,000

2.61 AC lot

2.61 acre industrial lot with development and income potential.

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Off-Market Properties in Hagerstown, MD

Consider similar Off-Market properties in Hagerstown, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

INDUSTRIAL (GENERAL)

1432 Oak Rdg Pl, Hagerstown, MD 21740-7448

$305,000

Estimated value

2.99 AC lot

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WAREHOUSE, STORAGE

303 Vly Rd, Hagerstown, MD 21740-3929

$80,000

Estimated value

3,840 sqft 0.10 AC lot

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MANUFACTURING (LIGHT)

11311 Hopewell Rd, Hagerstown, MD 21740-2106

$320,000

Estimated value

3,750 sqft 3.00 AC lot

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WAREHOUSE, STORAGE

313 Wilson Blvd, Hagerstown, MD 21740-7355

$920,000

Estimated value

21,055 sqft 1.67 AC lot

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WAREHOUSE, STORAGE

133 Burhans Blvd, Hagerstown, MD 21740-5353

$285,000

Estimated value

16,428 sqft 1.01 AC lot

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WAREHOUSE, STORAGE

61 Lee St, Hagerstown, MD 21740-6030

$470,000

Estimated value

16,592 sqft 3.33 AC lot

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WAREHOUSE, STORAGE

13400 Pennsylvania Ave, Hagerstown, MD 21742

Unit 13408

$355,000

Estimated value

5,280 sqft 0.73 AC lot

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INDUSTRIAL (GENERAL)

French Ln, Hagerstown, MD 21740

$950,000

Estimated value

4.80 AC lot

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WAREHOUSE, STORAGE

400 Frst Dr, Hagerstown, MD 21740

$100,000

Estimated value

14,288 sqft 0.38 AC lot

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INDUSTRIAL (GENERAL)

106 Jamison Ct, Hagerstown, MD 21740-5185

$450,000

Estimated value

2.75 AC lot

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WAREHOUSE, STORAGE

825 Commonwealth Ave, Hagerstown, MD 21740-6801

$620,000

Estimated value

36,180 sqft 10.00 AC lot

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Hagerstown, MD Industrial Properties Market Trends and Statistics

Explore 72 industrial properties for sale in Hagerstown, MD, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 2,478,354 square feet of properties for sale, with an estimated market value of $2,965,000.

Sale prices for industrial buildings in Hagerstown, MD start at $65,000, averaging $1,482,500, and reaching up to $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 101K

Population Growth (5Y) +4.0%

Median Household Income $66,959

College Educated 10.5%

High-Yield Neighborhoods for Investment

Identify Hagerstown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
21740	$1.5M

Taxes & Financing

Tax Rate (average for all types) 0.97%

Property Tax per SF $18.55 per SF

Tax Rate vs County Average 0.01 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

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Hagerstown, MD Industrial Properties for Sale

651 N Prospect St, Hagerstown, MD 21740

839 S POTOMAC ST, Hagerstown, MD 21740

1096 S POTOMAC ST, Hagerstown, MD 21740

19224 Longmeadow Rd, Hagerstown, MD 21742

400 Howard W, Hagerstown, MD 21740

857 WILLOW CIRCLE, Hagerstown, MD 21740

1394 JEFFERSON BLVD, Hagerstown, MD 21742

1394 JEFFERSON BLVD, Hagerstown, MD 21742

12001 Hopewell Rd, Hagerstown, MD 21740

16965 Virginia Ave, Hagerstown, MD 21740

12001 Hopewell Road, Hagerstown, MD 21740

100 Summit Ave, Hagerstown, MD 21740

Sharpsburg Pike & Col Hendry K Douglas Dr, Hagerstown, MD

Opportunities in Nearby Cities

220 Potomac S, Waynesboro, PA 17268

128 W Third St, Waynesboro, PA 17268

4786 Williamsport Pike, Martinsburg, WV 25404

1955 ROCK CLIFF DRIVE, Martinsburg, WV 25403

Potential Development Sites for Consideration

1462 OAKMONT Dr, Hagerstown, MD 21740

INTERSTATE I-81 Corridor, Martinsburg, WV 25403

229 WHEATLAND Street, Martinsburg, WV 25405

4060 STANFORD Court, Frederick, MD 21703

Off-Market Properties in Hagerstown, MD

1432 Oak Rdg Pl, Hagerstown, MD 21740-7448

303 Vly Rd, Hagerstown, MD 21740-3929

11311 Hopewell Rd, Hagerstown, MD 21740-2106

313 Wilson Blvd, Hagerstown, MD 21740-7355

133 Burhans Blvd, Hagerstown, MD 21740-5353

61 Lee St, Hagerstown, MD 21740-6030

13400 Pennsylvania Ave, Hagerstown, MD 21742

French Ln, Hagerstown, MD 21740

400 Frst Dr, Hagerstown, MD 21740

106 Jamison Ct, Hagerstown, MD 21740-5185

825 Commonwealth Ave, Hagerstown, MD 21740-6801

Hagerstown, MD Industrial Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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