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Hagerstown Development Opportunity
For Sale
$899,900

12.3 AC SOUTHERN BLVD, Hagerstown, MD 21740

Land with development potential near I-70 in Hagerstown, MD.

Property SizeContact for details
Lot Size12.30 Acres
Days on Market266

Property Features for 12.3 AC SOUTHERN BLVD

General Information

Standard status Active
Lot size 12.30 Acres
Property subtype Land
Listing Agency: COLDWELL BANKER REALTY
Listed By: David Friedrich
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Jul 15 at 11:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

This property offers development potential for 30 to 38 villas. The location provides convenient access to I-70. A concept plan suggests a minimum unit count with the possibility of adding 8 more units. Gross sales potential is estimated at over $12 million to $15 million. The property has been recently annexed into the city of Hagerstown. Sewer lines currently run through the property, and water access is approximately 150 feet away. The city water department has indicated no capacity concerns. The current plan is conceptual and intended for zoning and preliminary design meetings, with complete approval expected by the third quarter of 2026. The property is 12.3 acres.

Key Highlights

  • Excellent development potential for 30‑38 villas.
  • Great location minutes from I‑70.
  • 12‑15M+ gross sales potential.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

1,826
Businesses Nearby

Demographics for 21740, MD

65,619
Population
27,002
Households
2.4
Avg Household Size
39
Median Age
20%
College-Educated
86%
High-School Grad
70.9 sq mi
ZIP Area
926
Density / Sq Mi
$59,410
Median Household Income
$42,159
Median Earnings
$1,031
Median Rent
$241,600
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Land - Land with development potential near I-70 in Hagerstown, MD.
Where is this land located?
The property is located at 12.3 AC SOUTHERN BLVD Hagerstown, MD.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Excellent development potential for 30‑38 villas.; Great location minutes from I‑70.; 12‑15M+ gross sales potential.
More about this property
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