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Property profile & analytics

24 Jonathan St Hagerstown, MD 21740

  • Office buildings
  • 13,300 SF
  • 0.16 lot acres
Value Estimation
$360,000
Last Sale
Jun 01, 2022
$400,000
Location Intelligence
Property ID
US40-1261794
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Johnson James D / Attorney

Property Details for 24 Jonathan St

Year built
1898
Construction
BRICK
Lot size
0.16 lot acres
Property size
13,300 SF
Zone code
CCMU
Property type
Office buildings
APN
25-009290
APU
25009290

Description

This exceptional 13,300 square foot traditional office building, constructed in 1898, is ideally situated in Hagerstown, Maryland, at 24-28 Jonathan Street, zip code 21740. The property offers multiple tenancy options, with two spaces currently available, ranging from 1,000 to 12,300 square feet, providing flexibility for various business needs. Its prime location directly across from the Washington County office building and a half block from the courthouse ensures high visibility and accessibility. Ample street parking is readily available, supplemented by nearby parking garages within a few blocks, offering convenient parking solutions for employees and clients. The building's strategic position also benefits from its proximity to the newly constructed Meritus Park baseball stadium, home to the Hagerstown Flying Boxcars, only two and a half blocks away, adding to its appeal and potential for attracting a diverse clientele. The pricing strategy is designed to be competitive and attractive to businesses seeking to establish or expand their presence in this growing area of Hagerstown. This historic building presents a unique opportunity to secure a prominent and well-located office space in a vibrant and developing community.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $360,000
  • CAP approach

    CAP return
    Estimation
    6%
    $360,000
    6.5%
    $360,000
    7%
    $330,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $360,000
    Geo Method
    $300,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $410,000
    Retail
    $355,000
    Mixed-Use
    $405,000
    Hospitality
    $335,000
    Educational
    $385,000
    Residential Income
    $395,000
    Energy
    $335,000
    Income-Based Land
    $320,000
    Food Service
    $360,000

Location Insight

  • Map
  • Local Demand
City
Hagerstown
County
Washington
State
Maryland
Longitude
-77.7221
Latitude
39.6436
CBSA code
25180
CBSA name
HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,743
$0.00
$0.00
$299,767
-
$36,900
$358,800
$395,700
More about this property
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