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Financial
Distress signals
Property profile

1037 Washington St Hagerstown, MD 21740

OFF-MARKET
Other commercial real estate
Property ID
US40-2351433
2,280 SF 0.45 ac lot
Last sale May 2026 · $295,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a car wash facility configured for vehicle washing with four manual wash bays equipped with hand brushes and one touch-free automatic wash bay. It is set up with supporting on-site equipment including multiple vacuum units, a change machine, and a product dispenser, and is designed to operate with the included operational equipment. The site is situated in an area that includes both residential and commercial zoning, and it provides straightforward vehicular access with easy…

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?
$2k
Tax billed · 2023
Assessed value$218k
Assessed land$116k
Assessed improvement$102k
Effective rate0.92%

Value estimate

· Oct 2026
$300k
$270k – $330k
AI approach$260k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$126/SF
ZIP average, outlier-cleaned · 106 recorded sales of this use type
Observed band · Q1–Q3$64 – $203
Qualifying comparables11

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?
CG
The purpose of this zoning district is to provide locations for businesses of a general nature to serve the community.
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 agency11.3
Dental Office9.6
Carpet & Flooring Store8.8

Location

1037 Washington St Hagerstown, MD 21740
County assessor Recorded deeds · 7 transfers 11 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2060 Day, Hagerstown, MD 21740-9796 $800,000 May 2025 1,332 SF
136 Wellers, Hagerstown, MD 21740 $2,750,000 Feb 2025 2,107 SF
1620 Wesel, Hagerstown, MD 21740-5387 $2,125,984 Sep 2024 3,415 SF
246 Eastern N, Hagerstown, MD 21740-5965 $645,000 Jan 2024 2,022 SF
1103 Mt Aetna, Hagerstown, MD 21740-6806 $325,000 Dec 2023 1,760 SF
18217 Shawley, Hagerstown, MD 21740-2443 $975,000 Jun 2023 2,320 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
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