13721 Oliver DrHagerstown, MD 21740

  • Land
  • 1.97 AC
For Lease

Property Details for 13721 Oliver Dr

Lot size
1.97 AC
Zone code
HI
Property type
Land
Property subtype
Commercial land
APN
13-029148
APU
13029148

Description

This exceptional 1.97-acre commercial land parcel presents a unique opportunity in Hagerstown, Maryland. Located at 13721 Oliver Drive, this single-tenant site boasts high visibility and convenient access to major transportation arteries. Its strategic location offers easy access to Interstate-81, placing businesses within a short commute of a significant transportation network. Furthermore, the property is only five miles from Interstate-70, providing seamless connectivity to a wider regional area. The proximity to Hagerstown Regional Airport (less than three miles) adds another layer of convenience for businesses requiring air travel access. The lot is also situated close to the Pennsylvania/Maryland state line, expanding its market reach. This property is serviced by city sewer and water, ensuring essential utilities are readily available. Columbia gas service is also in place, providing a complete utility infrastructure. The lot's size and location make it ideal for a variety of commercial developments, offering significant potential for growth and return on investment. This is a rare opportunity to acquire a well-positioned commercial land parcel in a thriving area of Hagerstown.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $23,378,052
    Hospitality
    $21,414,170
    Educational
    $17,816,338
    Medical
    $18,429,070
    Retail
    $27,714,304
13721 Oliver Dr, Hagerstown, Maryland
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Location Insight

City
Hagerstown
County
Washington
State
Maryland
Latitude
39.6913
Longitude
-77.7349
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
$5,122
$492,500
-
$492,500
-
$492,500
-
$492,500

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