0 Eastern Blvd, Hagerstown, MD 21740
This exceptional five-acre commercial land parcel presents a unique investment opportunity in Hagerstown, Maryland. Located on Eastern Boulevard North, this property boasts a highly desirable CG zoning designation, opening doors to a wide range of commercial development possibilities. The substantial lot size offers ample space for various projects, from retail centers and office buildings to light industrial facilities. A significant advantage is the existing on-site stormwater quantity management system, streamlining the development process and reducing potential infrastructure costs. The property benefits from excellent visibility and accessibility, situated on Eastern Boulevard, a major thoroughfare with high traffic volume. Specifically, the site enjoys proximity to Route 40, experiencing a combined daily traffic count of 59,524 vehicles (39,082 ADT on Route 40 and 20,442 ADT on Eastern Boulevard). This strategic location ensures high visibility and convenient access for potential businesses and customers. The property's address is Eastern Blvd N, Hagerstown, MD 21740, within Washington County. This is a rare opportunity to acquire a sizable, well-located commercial land parcel in a growing market. Serious inquiries are encouraged.
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.