91 Eastern Blvd Hagerstown, MD 21740
This exceptional 118,055-square-foot retail center is ideally situated at 91 Eastern Blvd N in Hagerstown, Maryland, 21740, on the heavily trafficked Dual Highway. Boasting a diverse tenant mix including Weis Markets, Macy's, Dollar Tree, Benny's Pub, Quizno's, Bistro Grill, T-Mobile, and more, this property enjoys 100% occupancy. The center benefits from a prime location within a vibrant retail corridor, experiencing daily traffic counts exceeding 27,000 vehicles. Its strategic proximity to Hagerstown Community College, Meritus Health Center, local schools, and Interstate 70 (with over 72,000 vehicles daily) ensures consistent high visibility and accessibility. The surrounding area features a strong demographic profile, with a population exceeding 150,516 within a 10-mile radius and an average household income of $85,191. Nearby competitors include Martin's, CVS, Walgreens, Aldi, Lidl, and numerous fast-food and restaurant chains. This well-established center presents a compelling investment opportunity in a thriving Maryland market, conveniently located within 35 minutes of Frederick, MD, and approximately 75 minutes from both Baltimore, MD, and Washington, D.C. The property is adjacent to Eastern Elementary, Ruth Anne Primary School, and Funkstown Elementary schools, as well as residential and apartment complexes.
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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
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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.