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    265 Mill St Hagerstown, MD 21740

    For Lease
    $11 SF/Yr ($3,171 /Mo)

    Move-in ready medical office suite.

    Lot size:
    3,460 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional medical or professional office space, located at 265 Mill Street, Suite 800, Hagerstown, Maryland 21740, offers 1,890 contiguous square feet of immediately available space. The suite is individually metered and boasts a thoughtfully designed layout including seven private offices, a reception/waiting area, one bathroom, and ample storage. The space is part of a larger 3,460 square foot building with multiple tenants. The minimum divisible space is 1,840 square feet. The building is strategically situated in Washington County, offering convenient access to major medical facilities, including Merit Health Hospital and Robinwood Medical Center, ensuring a prime location for medical professionals. This move-in ready space presents a fantastic opportunity for practices seeking efficient and well-appointed office accommodations in a thriving medical hub. The total vacant space in the building is 3,730 square feet. This property is ideal for a medical practice seeking a modern and functional space in a highly accessible location.

    Property Features for 265 Mill St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,460 SF
    Total Rate
    3171.67

    Unit(s) available at that property

    Space
    Suite 800
    Size
    1,890 SF
    Rate per SF
    $11

    HighLights

    • 1,890 SF of immediately available contiguous medical/professional office space at 265 Mill Street, Suite 800, Hagerstown, MD 21740.
    • Suite features seven private offices, reception area, one bathroom, and ample storage; individually metered.
    • Located in a prime medical hub near Merit Health Hospital and Robinwood Medical Center.
    • Move‑in ready space in a building with a total of 3,730 SF of vacant space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Acupuncture Associates Acupuncture Clinic Dr. Caroline M. ... Family Practice Physician Ideal Option Addiction Treatment Center Caroline M Gessert ... Internist Tri-State Infectious Disease ... Medical Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.7160112
    Latitude
    39.6341783

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    FAQs

    What type of property is this?
    Medical office - Move-in ready medical office suite.
    Where is this medical office located?
    The property is located at 265 Mill St Hagerstown, MD.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 1,890 SF of immediately available contiguous medical/professional office space at 265 Mill Street, Suite 800, Hagerstown, MD 21740.; Suite features seven private offices, reception area, one bathroom, and ample storage; individually metered.; Located in a prime medical hub near Merit Health Hospital and Robinwood Medical Center.
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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
    265 Mill St Hagerstown, MD 21740
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