0 Eastern Blvd, Hagerstown, MD 21740
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.