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    1230 Mount Aetna Rd Hagerstown, MD 21742

    For Sale
    $1,200,000

    LAND - HAGERSTOWN, MD

    Lot size:
    12.85 Acres
    Days on Market:
    166
    Last Refresh:
    Dec 14 at 4:06 am

    Property Features for 1230 Mount Aetna Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    12.85 Acres

    CENTURY 21 Market Professionals (301) 671-4663 [email protected]

    Listing agent Michael R Draper (301) 671-4663 License #519453

    Listing date Jul 2, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hagerstown Development Land Opportunity

    This 12.85-acre parcel of land is available for development. A concept plan exists for 52 age-restricted housing units. The location provides easy access to Meritus Medical Center, Hagerstown Community College, and various dining and shopping options. Proposed access would be off N Colonial Drive, with emergency access using the existing private lane off Mount Aetna Road. The plan is conceptual and subject to change based on study period or intended use of the property. Initial conversations with the City of Hagerstown indicate that city water would be available and extend from the existing mains on N Colonial Drive and Birch Knoll Road. The City of Hagerstown would determine if water and sewer are available based on specific plans or the proposed concept plan. No grading or engineering have been completed as part of the concept plan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.69232
    Latitude
    39.62706

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    FAQs

    What type of property is this?
    Land - 12.85-acre parcel for development with concept plan.
    Where is this land located?
    The property is located at 1230 Mount Aetna Rd Hagerstown, MD.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - 12.85-acre parcel of land available for development.; - Concept plan available for 52 age-restricted housing units.; - Easy access to Meritus Medical Center and Hagerstown Community College.
    (301) 671-4663
    Request Owner's contact information
    1230 Mount Aetna Rd Hagerstown, MD 21742
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1230 Mount Aetna Rd Hagerstown, MD 21742
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