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Two-Story Office Building
For Sale
Contact for pricing
Pending

19833 Leitersburg Pike, Hagerstown, MD 21742

Office property includes rear warehouse space, upgraded building systems, and fiber connectivity.

Property Size22,000 SF
Lot Size3.44 Acres
Days on Market143

Property Features for 19833 Leitersburg Pike

General Information

Standard status Pending
Size 22,000 SF
Lot size 3.44 Acres
Property subtype Office
Net Operating Income $200,000

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Cap Rate 8.8%
Three-Phase Power Yes

Amenities

multi-zone HVAC
three-phase power
Cat 5 cabling
fiber

Building Details

Buildings 1
Stories 2
Building Size 22,000 SF
Tenancy Multi
Listing Agency: Sullivan Select
Listed By: Tracey Rotz · License #MD, 657909
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:35PM

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 Sullivan Select

Investment Insights

Based on property information with market context.

The Equinox is a two-floor office property with more than 22,000 square feet of improvements, including a rear warehouse. The 3.44-acre site includes front and rear parking areas that were overlaid in 2017. Building systems include multi-zone HVAC with new units, three-phase power, Cat 5 cabling throughout, and fiber service to the facility. A new roof is also in place.

The property is located at 19833 Leitersburg Pike in Hagerstown, Maryland, just minutes from the I-81 and I-70 interchange. The site offers access from both front and rear parking areas. The property carries an 8.8 cap rate and is offered for sale as an income-producing office asset with warehouse component.

Key Highlights

  • >22,000 square feet of improvements on 3.44 acres
  • Two floors of office space with a rear warehouse
  • 8.8 cap rate

Property Analytics

Current Use

Terry Cole, Long ... Real Estate Agency Lincare Home Health Care Service Carson Wealth Financial Advisor Long & Foster Real ... Real Estate Agency Visiting Angels Home Health Care Service

Suggested Use

Top Pick Building Supply Plumbing Service Pharmacy (Bike/Boat/Book/etc) Store Nail Salon Auto Repair Shop

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office property includes rear warehouse space, upgraded building systems, and fiber connectivity.
Where is this office building located?
The property is located at 19833 Leitersburg Pike Hagerstown, MD.
What are key features of this property?
This property features: >22,000 square feet of improvements on 3.44 acres; Two floors of office space with a rear warehouse; 8.8 cap rate
More about this property
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