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    2 Western Maryland Pkwy Hagerstown, MD 21740

    For Lease
    Contact for pricing

    Industrial warehouse, multiple tenants, 45,402 - 149,245 sq ft

    Lot size:
    149,245 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional industrial warehouse property, located at 2 Western Maryland Parkway in Hagerstown, Maryland, offers a significant opportunity for businesses seeking flexible space. The building boasts a total of 149,245 square feet, with one space currently available, ranging from 45,402 to the full building size. The layout is front-parked and rear-loaded, featuring impressive dimensions of 977'5" x 275'9" (BOMA, dimensions for rentable SF). The warehouse offers a generous 36' clear height throughout, including a speed bay. Loading is facilitated by 57 dock positions (9'w x 10'h) and two 12'w x 14'h motorized drive-in doors with windows. A substantial 185' deep truck court and 86 trailer drops at 55' depth provide ample maneuvering space. The property includes 252 parking spaces (0.9 per 1,000 SF), offering flexibility for expansion. Bay sizes are 54' x 52'4" and a speed bay of 54' x 65'. Additional outdoor storage area is available. The property features heavy-duty paving designed for 500,000 EAL at driveways, truck court, and potential outdoor and trailer storage areas. A 2,200 sq ft spec office is also included. This prime location in Washington County, Maryland, zip code 21740, provides easy access to major transportation routes. This is an ideal opportunity for businesses seeking a well-equipped, spacious warehouse in a strategic location.

    Property Features for 2 Western Maryland Pkwy

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    149,245 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    149,245 SF

    HighLights

    • 149,245 SF industrial warehouse available for lease in Hagerstown, MD.
    • Front‑parked, rear‑loaded layout with 977'5" x 275'9" dimensions (BOMA).
    • 36' clear height throughout, including a speed bay.
    • 57 dock‑high doors (9'w x 10'h) and 2 drive‑in doors (12'w x 14'h).
    • 185' deep truck court with 86 trailer drops at 55' depth.
    • 252 parking spaces (0.9/1,000 SF).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store 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
    -77.7470156
    Latitude
    39.6494866

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    FAQs

    What type of property is this?
    Distribution property - Industrial warehouse, multiple tenants, 45,402 - 149,245 sq ft
    Where is this distribution property located?
    The property is located at 2 Western Maryland Pkwy Hagerstown, MD.
    What are key features of this property?
    This property features: 149,245 SF industrial warehouse available for lease in Hagerstown, MD.; Front-parked, rear-loaded layout with 977'5" x 275'9" dimensions (BOMA).; 36' clear height throughout, including a speed bay.
    Request Owner's contact information
    2 Western Maryland Pkwy 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
    2 Western Maryland Pkwy Hagerstown, MD 21740
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