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    10306 Sharpsburg Pike Hagerstown, MD 21740

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    For Sale
    Contact for pricing

    Prime Retail Location, High Traffic Area

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 4,000 square foot retail space in Hagerstown, Maryland, is ideally situated on Sharpsburg Pike, a major retail corridor with over 21,000 cars passing daily. The property's convenient location offers excellent visibility and accessibility, placing it near a thriving commercial hub including national and local retailers such as Walmart and Hagerstown Premium Outlets. The building's previous use as a vape shop and its suitability for convenience stores, pharmacies, or quick-service restaurants provides versatility for a variety of businesses. Its proximity to I-70 (with 72,000 CPD) further enhances its strategic position. The surrounding area boasts a strong demographic profile, with a population exceeding 150,516 within a 10-mile radius and an average household income of $85,190. This location offers significant potential for a new business to thrive in a high-traffic, established commercial area. The property is located in Washington County, Maryland, with the address being 10306 Sharpsburg Pike, Hagerstown, MD 21740. This presents a unique opportunity for investors and entrepreneurs seeking a well-positioned retail space in a growing market, approximately 35 minutes from Frederick, MD, 75 minutes from Baltimore, MD, and 75 minutes from Washington, DC.

    Property Features for 10306 Sharpsburg Pike

    General Information

    Property type
    Restaurants
    Square Feet
    4,000 SF

    HighLights

    • Excellent Hagerstown, MD location, 35 minutes from Frederick, MD, 75 minutes from Baltimore, MD, and Washington, DC.
    • High‑traffic area adjacent to Walmart, Hagerstown Gateway Plaza, Hagerstown Industrial Park, The Shoppes at Sharpsburg Pike, and Hagerstown Premium Outlets.
    • Strong demographics: 150,516 population and $85,190 average household income within a 10‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.730261258613
    Latitude
    39.597455024556

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Location, High Traffic Area
    Where is this restaurant located?
    The property is located at 10306 Sharpsburg Pike Hagerstown, MD.
    What are key features of this property?
    This property features: Excellent Hagerstown, MD location, 35 minutes from Frederick, MD, 75 minutes from Baltimore, MD, and Washington, DC.; High-traffic area adjacent to Walmart, Hagerstown Gateway Plaza, Hagerstown Industrial Park, The Shoppes at Sharpsburg Pike, and Hagerstown Premium Outlets.; Strong demographics: 150,516 population and $85,190 average household income within a 10-mile radius.
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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
    10306 Sharpsburg Pike Hagerstown, MD 21740
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