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    947 Commonwealth Ave Hagerstown, MD 21740

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    For Sale
    Contact for pricing

    Two buildings, 14,750 SF total. Ideal for industrial use.

    Property size:
    14,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional industrial property, located at 947 & 949 Commonwealth Ave in Hagerstown, Maryland, presents a rare opportunity. The property consists of two separate buildings, offering a combined total of approximately 14,750 square feet of versatile industrial space. One building encompasses roughly 9,000 square feet, while the second building provides approximately 5,750 square feet. This allows for flexibility in usage, accommodating a variety of industrial operations or the potential for separate leasing opportunities. The property is zoned IG (Industrial General), providing a wide range of permitted uses. Situated in Washington County, Maryland, with a zip code of 21740, this location offers convenient access to major transportation routes, making it an attractive option for businesses needing efficient logistics. The property's address is 947 & 949 Commonwealth Ave, Hagerstown, MD 21740. The latitude and longitude coordinates are 39.6248983 and -77.708502 respectively. This is a for-sale opportunity.

    Property Features for 947 Commonwealth Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    14,750 SF

    Building Details

    Buildings
    2

    HighLights

    • Industrial warehouse property totaling 14,750 square feet.
    • Two buildings on the site.
    • Building sizes approximate 9,000 and 5,750 square feet.
    • IG (Industrial General) zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fsr Automotive Repair ... Car Repair And Maintenance Service CARSTAR R&M Collision ... Auto Body Shop R & M Collision ... Auto Body Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.708502
    Latitude
    39.6248983

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    FAQs

    What type of property is this?
    Distribution property - Two buildings, 14,750 SF total. Ideal for industrial use.
    Where is this distribution property located?
    The property is located at 947 Commonwealth Ave Hagerstown, MD.
    What are key features of this property?
    This property features: Industrial warehouse property totaling 14,750 square feet.; Two buildings on the site.; Building sizes approximate 9,000 and 5,750 square feet.
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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
    947 Commonwealth Ave Hagerstown, MD 21740
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