Medical Office Condo with Open
For Sale
$385,000
11236 ROBINWOOD Drive, Hagerstown, MD 21742
Commercial Sale - HAGERSTOWN, MD
Property Size1,379 SF
Price / SF$279.19
Days on Market323
Property Features for 11236 ROBINWOOD Drive
General Information
Property type
Other
Property subtype
Retail
Parking
120
Parking features
Parking Lot
Elementary school district
WASHINGTON COUNTY PUBLIC SCHOOLS
Middle school district
WASHINGTON COUNTY PUBLIC SCHOOLS
High school district
WASHINGTON COUNTY PUBLIC SCHOOLS
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
0
Utilities
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air
Building Details
Year built
2010
Listing Agency:
RG Realty, Inc.
(240) 203-6393
Listed By:
Roberto G. Gonzalez · License #598229
(301) 991-0207
Added: Sep 11, 2025
Changed: Jul 13
Last Checked: Jul 30 at 8:06PM
MLS# MDWA2031458
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This commercial condo offers an open-concept layout designed for professional use. The space includes a private office, a fully equipped kitchen, and a restroom, providing a functional mix of workspace and support areas. The property is described as formerly a pharmacy, which aligns with a healthcare-oriented interior configuration.
The address is 11236 Robinwood Drive in Hagerstown, Maryland. The property fronts a medical corridor and is positioned near Meritus Medical Center, Robinwood Medical Center, and Hagerstown Community College, as well as the new Meritus School of Osteopathic Medicine.
The interior configuration supports multiple commercial uses, including medical, office, or retail, depending on the tenant’s specific buildout needs and operating requirements.
The address is 11236 Robinwood Drive in Hagerstown, Maryland. The property fronts a medical corridor and is positioned near Meritus Medical Center, Robinwood Medical Center, and Hagerstown Community College, as well as the new Meritus School of Osteopathic Medicine.
The interior configuration supports multiple commercial uses, including medical, office, or retail, depending on the tenant’s specific buildout needs and operating requirements.
Key Highlights
- 1,379 SF commercial condo in Hagerstown fronting a medical corridor
- Former pharmacy space with an open‑concept layout plus a private office
- Includes a fully‑equipped kitchen and a restroom
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.1k | $19.68 |
| − Vacancy | −$5.0k | −$3.66 |
| EGI | $22.1k | $16.02 |
| − OpEx | −$5.5k | −$4.00 |
| NOI | $16.6k | $12.01 |
1,379 SF · lease $19.68/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$236.7K
$207.1K – $276.1K
NOI $16,568 @ 7.0% cap · market cap 4.30%
Second Best
Healthcare Medical
$235.5K
$206.1K – $274.8K
NOI $16,487 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$305.9K
$267.7K – $356.9K
NOI $21,412 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21742, MD
33,069
Population
14,099
Households
2.3
Avg Household Size
42
Median Age
30%
College-Educated
90%
High-School Grad
46.5 sq mi
ZIP Area
711
Density / Sq Mi
$80,533
Median Household Income
$45,717
Median Earnings
$1,267
Median Rent
$280,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Commercial condo fronting a medical corridor with open-concept space, private office, kitchen, and restroom.
Where is this medical office space located?
The property is located at 11236 ROBINWOOD Drive Hagerstown, MD.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 1,379 SF commercial condo in Hagerstown fronting a medical corridor; Former pharmacy space with an open‑concept layout plus a private office; Includes a fully‑equipped kitchen and a restroom
