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    3 Oak Ridge Dr Hagerstown, MD 21740

    For Sale
    $2,915,000

    LAND - HAGERSTOWN, MD

    Lot size:
    3.88 Acres
    Days on Market:
    247
    Last Refresh:
    Dec 6 at 1:06 pm

    Property Features for 3 Oak Ridge Dr

    General Information

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

    Samson Properties (703) 378-8810 [email protected]

    Listing agent Roland M Layman (301) 992-7801 License #650764

    Listing date Apr 4, 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 Land For Sale

    This listing comprises seven parcels, totaling 3.88 acres, zoned for highway interchange use. Situated at a high-traffic intersection in Hagerstown, Maryland, the location is a quarter-mile from Interstate 70. The site offers hundreds of feet of road frontage on two streets and is suitable for various commercial retail applications. Public water and sewer services are available. The parcels include: 3 W Oak Ridge Dr. (0.62 acres, ID 10-008352), 5 W Oak Ridge Dr. (0.58 acres, ID 10-008360), 9 W Oak Ridge Dr. (0.34 acres, ID 10-001897), 13 W Oak Ridge Dr. (0.28 acres, ID 10-008670), 1407 S Potomac St. (0.39 acres, ID 10-012619), 1411 S Potomac St. (0.72 acres, ID 10-008794), and 1415 S Potomac St. (0.95 acres, ID 10-021529).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.73122396
    Latitude
    39.61215143

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    FAQs

    What type of property is this?
    Commercial land - 3.88 acres at a high-traffic intersection near Interstate 70.
    Where is this commercial land located?
    The property is located at 3 Oak Ridge Dr Hagerstown, MD.
    What is the asking price?
    The asking price for this property is $2,915,000.
    What are key features of this property?
    This property features: - Highway Interchange Zoning: Ideal for commercial retail development.; - Located at one of the busiest intersections in Hagerstown, a high-traffic location.; - Only 1/4 mile from I-70, ensuring easy access.
    (301) 992-7801
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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
    3 Oak Ridge Dr Hagerstown, MD 21740
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