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Property profile & analytics
OFF-MARKET
Warehouses

12111-17 Insurance Way Hagerstown, MD 21740

21,050 SF
Property ID
Property summary
AI-generated overview

This exceptional flex/warehouse space, part of the Hunt Ridge Business Park in Hagerstown, Maryland, offers a prime opportunity for businesses seeking versatile industrial accommodations. Located at 12111-17 Insurance Way, 21740, this property comprises two single-story buildings totaling 21,050 square feet. Currently, 6,300 square feet of immediately available space is divisible into units ranging from a minimum of 3,000 square feet to a maximum contiguous space of 3,300 square feet. The property boasts impressive features including 20' to 24' ceiling heights, providing ample vertical space for storage or operations. Loading and access are facilitated by one loading dock, twenty dock-high doors, and one drive-in door. Ample parking is available with 240 spaces provided for tenants and visitors. The property is zoned for office, warehouse, and manufacturing uses, offering flexibility for a wide range of businesses. Electrical service includes 120/208 and 277/480 volts, 3-phase power. This location in Washington County, Maryland offers easy access to major transportation routes, making it an ideal location for distribution and logistics operations, as well as other industrial and commercial enterprises. The property is ready for immediate occupancy. Inquire today to secure your space within this thriving business park.

Property profile
Verified
Property type Warehouses
Total area 21,050 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Merritt Properties - Hunt Ridge Business Park 1 Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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