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Property profile & analytics
OFF-MARKET
Warehouses

1023 Washington St Hagerstown, MD 21740

10,000 SF Built 1980
Property ID
Property summary
AI-generated overview

This 10,000-square-foot warehouse, located at 1023 W Washington St, Hagerstown, MD 21740, presents a significant opportunity for businesses seeking ample storage space. The property is a single-tenant Class C industrial building constructed in 1980 and renovated the same year. The warehouse features a 9-foot ceiling height, one loading dock, and five total parking spaces. Power is supplied at 120/240 volts. The building is zoned for commercial use and comprises one two-story structure. The entire 10,000 square feet is currently vacant and available for lease. A unique feature is an included two-bedroom apartment with a full kitchen and bathroom, ideal for office or residential use. This property benefits from its strategic location near Route 40, I-81, and I-70, providing easy access to Maryland, West Virginia, Pennsylvania, and Washington, D.C. The property is available for lease beginning March 2025. The landlord is highly motivated and will consider all offers.

Property profile
Verified
Property type Warehouses
Year built 1980
Total area 10,000 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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