11903 Greencastle Pike Hagerstown, MD 21740
- Warehouses
Current Use by Public Records
- Warehouses
Property Details for 11903 Greencastle Pike
- Property type
- Warehouses
- Property subtype
- Retail properties
Description
This exceptional 175-acre site presents a unique investment opportunity in Hagerstown, Maryland's thriving Hopewell Valley Industrial Area. Located at 11903 Greencastle Pike, zip code 21740, this expansive parcel is zoned for retail, industrial, and land development, offering flexibility for a variety of uses. Currently designated as a single-tenant property, the land is primed for development as a warehouse or commercial pad site. The property's strategic location provides easy access to major transportation arteries, with the anticipated completion of Halfway Boulevard extension in early 2024 offering direct access to I-81 Exit 5. This significant infrastructure improvement will further enhance the property's accessibility and desirability. The site is situated within Washington County, Maryland, benefiting from the area's robust economic growth and strong industrial base. Ground lease and build-to-suit options are available, providing developers with considerable flexibility in their project planning and execution. This is an unparalleled chance to capitalize on the burgeoning industrial sector in a prime location, offering substantial long-term growth potential. The absence of an existing building allows for complete customization to meet specific development needs. This 175-acre tract represents a rare opportunity to establish a significant presence in a rapidly expanding industrial corridor.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hagerstown
- County
- Washington
- State
- Maryland
- Longitude
- -77.8023
- Latitude
- 39.6396
