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    11943 Greencastle Pike Hagerstown, MD 21740

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    For Lease
    Contact for pricing

    480,000 SF build-to-suit warehouse near I-70 and I-81.

    Property size:
    480,000 SF
    Lot size:
    46.49 Acres

    Property Features for 11943 Greencastle Pike

    General Information

    Size
    480,000 SF
    Lot size
    46.49 Acres

    Source: Colliers | McLean (Tysons Corner) Agent John Lesinski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    480,000 SF Build-to-Suit Warehouse

    This property offers a 480,000 square foot build-to-suit opportunity. It is located one mile from Exit 24 on I-70 and three miles from the I-81/I-70 Interchange. The site is situated just west of the expanded FedEx Ground Regional Distribution Center and northeast of the new FedEx Freight Facility. Direct access to Exit 5 on I-81 will be available by 2024 from Halfway Blvd. Extended. The property is fully approved and entitled and is located in the State Enterprise Incentive Zone.
    Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.8042684
    Latitude
    39.642521

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    FAQs

    What type of property is this?
    Warehouse - 480,000 SF build-to-suit warehouse near I-70 and I-81.
    Where is this warehouse located?
    The property is located at 11943 Greencastle Pike Hagerstown, MD.
    What are key features of this property?
    This property features: - 480,000 SF build-to-suit opportunity; - Fully approved and entitled for immediate development; - Strategic location: 1 mile from I-70 (Exit 24) and 3 miles from I-81/I-70 Interchange
    (540) 671-5721
    Request Owner's contact information
    11943 Greencastle Pike Hagerstown, MD 21740
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    Hagerstown, MD 21740
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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
    11943 Greencastle Pike Hagerstown, MD 21740
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