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Property profile & analytics

16202 National Pike Hagerstown, MD 21740

  • Retirement homes
  • 1,616 SF
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US40-1242168
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retirement homes

Property Details for 16202 National Pike

Year built
1970
Property size
1,616 SF
Property type
Retirement homes

Description

This exceptional 1,616 square foot assisted living facility in Hagerstown, Maryland, presents a unique investment opportunity. Situated on a peaceful 3.35-acre lot, this fully upgraded property boasts modern, energy-efficient systems and resident-centric amenities. Recent capital improvements exceeding $700,000 include a new 400-amp electrical system, updated plumbing, a state-of-the-art HVAC system with central A/C, heating, and steam humidity control, and a newly approved $70,000 septic system. The facility features circadian lighting (excluding kitchen and bathrooms) for resident well-being, custom trim work, radiant bathroom heating, insulated flooring, and ADA-compliant design with widened halls, doors, and accessible bathrooms. All nine bedrooms include closets, and pre-installed plates allow for future heated floor upgrades. The exterior boasts low-maintenance, fully wrapped and painted trim. Approved for up to 9 residents, the property offers significant expansion potential with approved space for future development alongside the building. A basement with framed spaces for three offices provides flexibility for administrative use or service expansion. Only kitchen completion is needed for immediate operation. This low-maintenance property, built in 1970, is designed for operational efficiency, regulatory compliance, and long-term growth, making it an ideal investment for the senior living market or similar uses. The property is located at 16202 National Pike, Hagerstown, MD 21740.


Value Estimations

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Hagerstown
County
Washington
State
Maryland
Longitude
-77.8094713
Latitude
39.6521165
More about this property
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