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Build-To-Suit Warehouse/Distribution Center
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12118 Greencastle Pike, Hagerstown, MD 21740

Site plan-approved build-to-suit warehouse distribution center zoned HI, with proposed trailer drops and parking reduction waiver requested.

Property Size304,000 SF
Days on Market1247

Property Features for 12118 Greencastle Pike

General Information

Standard status Active
Size 304,000 SF
Property subtype INDUSTRIAL
Zoning HI

Building Details

Building Size 304,000 SF
Listing Agency: Colliers | McLean (Tysons Corner)
Listed By: John Lesinski
Source: Moodyscre
Added: Mar 3, 2023 Changed: Jul 30 Last Checked: Aug 1 at 1:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | McLean (Tysons Corner)

Investment Insights

Based on property information with market context.

Build-to-suit warehouse/distribution center with full site plan approval for 304,000 SF. The zoning is HI (Highway Interchange). Setbacks are 40’ at the front, 25’ on the side and rear, with setback depths increasing to 75’ when adjacent to residential use. A 25’ buffer yard is required when adjacent to a residential-use warehouse.

Parking requirements are 1 space per 1,500 SF of GFA plus 1 additional space per 350 GFA of sales, totaling 228 spaces required. Proposed parking includes 193 auto spaces and 113 trailer drops, with a waiver requested for parking reduction.

The property is located at 12118 Greencastle Pike in Hagerstown, MD 21740.

Key Highlights

  • Fully site plan‑approved for 304,000 SF build‑to‑suit warehouse/distribution center
  • Zoned HI (Highway Interchange)
  • Setbacks: 40’ front; 25’ side and rear (75’ when adjacent to residential)

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Parking Lot & Garage Dental Office HVAC Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby

Demographics for 21740, MD

65,619
Population
27,002
Households
2.4
Avg Household Size
39
Median Age
20%
College-Educated
86%
High-School Grad
70.9 sq mi
ZIP Area
926
Density / Sq Mi
$59,410
Median Household Income
$42,159
Median Earnings
$1,031
Median Rent
$241,600
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - Site plan-approved build-to-suit warehouse distribution center zoned HI, with proposed trailer drops and parking reduction waiver requested.
Where is this distribution center located?
The property is located at 12118 Greencastle Pike Hagerstown, MD.
What are key features of this property?
This property features: Fully site plan‑approved for 304,000 SF build‑to‑suit warehouse/distribution center; Zoned HI (Highway Interchange); Setbacks: 40’ front; 25’ side and rear (75’ when adjacent to residential)
(540) 671-5721 Call to check price and availability
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