Property profile

0 Eastern Blvd Hagerstown, MD 21740

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

This exceptional 1.053-acre commercial lot presents a unique investment opportunity in Hagerstown, Maryland. Located on Eastern Blvd in Washington County, zip code 21740 (39.6317654, -77.7082617), this property is zoned POM (Professional Office - Mixed Use), offering a wide range of permitted uses. The zoning allows for development of various medical and office facilities, including adult day care services, ambulatory health services, medical laboratories, general office space, outpatient substance abuse centers, veterinary services, research and development facilities, and ample parking. The site's location within a high-growth corridor ensures strong potential for future appreciation and high occupancy rates. This is a blank canvas for a developer seeking to capitalize on the increasing demand for medical and office space in this thriving area. The property's size and zoning make it suitable for a variety of projects, from small medical practices to larger multi-tenant office buildings. Serious inquiries are encouraged to explore the possibilities of this exceptional development opportunity. The property is being offered for sale and presents a compelling investment prospect for those seeking a strategic entry point into the Hagerstown commercial real estate market.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Eastern Blvd Hagerstown, MD 21740
Hagerstown metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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