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    16715 National Pike Hagerstown, MD 21740

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    For Sale
    Contact for pricing

    High-visibility restaurant site, 2.45 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This 2.45-acre property located at 16715 National Pike in Hagerstown, Maryland, presents a compelling redevelopment opportunity. Previously used as a restaurant, the site is zoned for General Business use, offering considerable flexibility for a variety of commercial ventures. Its prime location boasts high visibility and convenient access to major roadways, including Route 81 and Route 70, ensuring excellent accessibility for customers and employees. The property includes existing pylon signage, providing immediate branding potential for a new business. All utilities are readily available, with public sewer and water connections already in place. The land is offered fee simple, providing complete ownership and control. This exceptional location, combined with its generous lot size and convenient access, makes this property an ideal investment for entrepreneurs seeking a high-impact commercial space in a thriving area. The property's zoning and existing infrastructure significantly reduce the hurdles associated with new development, making it an attractive option for businesses seeking a quick and efficient entry into the Hagerstown market. The asking price is available upon request.

    Property Features for 16715 National Pike

    General Information

    Property type
    Restaurants
    Lot Size
    106,722 SF

    HighLights

    • 2.45‑acre lot at 16715 National Pike, Hagerstown, MD
    • Zoned General Business, offering redevelopment flexibility
    • Existing pylon signage provides immediate branding opportunity
    • Public sewer and water connections available
    • Fee simple ownership
    • Excellent access to Route 81 and Route 70
    Property Profile Location Intelligence

    Current Use by Public Records

    Petpals crossing paws ... Bahá'Í House Of Worship Richard Henry's Restaurant

    Suggested Use

    Auto Repair Shop Auto Parts Store Food Market Bar & Pub Discount Store Bakery Wine and Liquor Store Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.7908095
    Latitude
    39.6506434

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    FAQs

    What type of property is this?
    Restaurant - High-visibility restaurant site, 2.45 acres.
    Where is this restaurant located?
    The property is located at 16715 National Pike Hagerstown, MD.
    What are key features of this property?
    This property features: 2.45-acre lot at 16715 National Pike, Hagerstown, MD; Zoned General Business, offering redevelopment flexibility; Existing pylon signage provides immediate branding opportunity
    Request Owner's contact information
    16715 National Pike Hagerstown, MD 21740
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    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
    16715 National Pike Hagerstown, MD 21740
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