Individually Owned Property summary
This exceptional 10,121 square foot mixed-use commercial property at 640 Frederick Street, Hagerstown, MD, presents a lucrative investment opportunity. Situated on a 0.36-acre lot, this building offers substantial space ideal for a variety of uses, including offices, retail, warehouse, or even a school. The property features ample workspace, private offices, and extensive storage areas. Large front windows are perfect for showroom displays. Its convenient location directly across from an… apartment complex ensures high visibility and foot traffic. The property boasts handicap accessibility, separate gas and electric meters, and plentiful parking both in front and in the rear. Enjoy the benefits of moderate traffic and commerce in a desirable area, promising a strong return on investment. Its proximity to Hager Park, Staley Park, and Potterfield Pool adds to its appeal, while its 12-minute distance from Hagerstown Regional Airport and easy access to major roadways provide excellent connectivity. This versatile building is a prime addition to any investment portfolio. The asking price is $209,900.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,239 SF
- Lot area
- 0.36 ac
- Year built
- 1968
- Stories
- 1
- APN
- 17-006339
- Zoning
- CG
- Assessed value · 2023
- $246,133
- Annual tax · 2023
- $2,252
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of this zoning district is to provide locations for businesses of a general nature to serve the community.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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