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Financial
Distress signals
Property profile

17840 Garland Groh Blvd Hagerstown, MD 21740

OFF-MARKET
Turn key restaurants
Property ID
US40-1497599
6,196 SF 1.12 ac lot Built 2000
Last sale Aug 2025 · $1,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a freestanding retail building located next to Walmart within The Centre at Hagerstown, a power center in Hagerstown. It is positioned for access to Interstate 81 and Maryland Route 40, with proximity to I-81 Exit 6B. The center has documented high visitor traffic, with more than 654,000 visitors reported over the prior 12 months.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$2.07M
Effective rate0.91%

Value estimate

· Oct 2026
$1.63M
$1.47M – $1.79M
Submarket $/SF estimate$2.17M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$303/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$166 – $582

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CR
The purpose of this zoning district is to provide for commercial uses customarily found in a regional shopping center.
General categoryCOMMERCIAL
JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.9
Law Firm17.6
Dental Office16.1

Location

17840 Garland Groh Blvd Hagerstown, MD 21740-1992
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17618 Vly Mall, Hagerstown, MD 21740-6995 $1,900,000 Feb 2025 7,912 SF
571 Jefferson, Hagerstown, MD 21740-5008 $290,000 Aug 2024 4,208 SF
16525 National, Hagerstown, MD 21740-2156 $1,750,000 Mar 2024 9,100 SF
151 Burhans, Hagerstown, MD 21740-4638 $875,000 Mar 2024 9,400 SF
17830 Garland Groh, Hagerstown, MD 21740-1992 $1,500,000 Dec 2023 10,757 SF
360 Burhans, Hagerstown, MD 21740-5339 $525,000 Jul 2023 4,208 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $525,000
    4,295 SF
    757 Dual Hwy
    RESTAURANT
    757 Dual Hwy, Hagerstown, MD 21740-5908
    View Details
  • Value Estimation
    $1,280,000
    10,000 SF
    13015 Salem Ave
    LAUNDROMAT (SELF-SERVICE)
    13015 Salem Ave, Hagerstown, MD 21740-3551
    View Details
  • Value Estimation
    $390,000
    3,769 SF
    1625 Dual Hwy
    FINANCIAL BUILDING
    1625 Dual Hwy, Hagerstown, MD 21740-6545
    View Details
  • Value Estimation
    $1,390,000
    11,661 SF
    17635 Vly Mall Rd
    RESTAURANT
    17635 Vly Mall Rd, Hagerstown, MD 21740-6934
    View Details
  • Value Estimation
    $495,000
    3,040 SF
    1301 Dual Hwy
    RETAIL STORES (PERSONAL SERVICES)
    1301 Dual Hwy, Hagerstown, MD 21740-5924
    View Details
  • Value Estimation
    $835,000
    2,553 SF
    330 Dual Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD
    330 Dual Hwy, Hagerstown, MD 21740-5712
    View Details

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  • New
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  • Contact for pricing
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Similar Nearby for Lease

  • $1,500/Mo
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    Downtown retail space near shops, restaurants, local amenities, and convenient access to public parking.
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  • New
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    View Details
  • $2,000/Mo
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  • $700/Mo
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    Includes a full basement, three bathrooms, and updated paint and flooring.
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    View Details
  • New
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    The interior includes a restroom, closet, and security system.
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    View Details
  • New
    $1,200/Mo
    Downtown Mixed-Use Property
    Street parking and municipal water, sewer, trash, and electric services support the property’s office and retail use.
    50 E FRANKLIN St, Hagerstown, MD 21740
    View Details
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