Property profile

1101 Professional Ct Hagerstown, MD 21740

OFF-MARKET
Retail properties & Spaces
Property ID
US40-0018777
Entity Owned 1-yr Hold
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Property summary

AI-generated overview

This exceptional 1-acre pad site presents a remarkable opportunity for retail development in Hagerstown, Maryland. Located at 1101 Professional Ct, 21740, this property offers significant visibility and accessibility. Its strategic location provides convenient access to a high volume of daily traffic. Within one mile of Route 40 (Dual Highway), boasting over 39,000 vehicles daily, and adjacent to Eastern Boulevard, which sees approximately 27,000 vehicles daily at the intersection of Opal Ct near a Sheetz convenience store, this site ensures high exposure for any business. The property's single-tenant configuration allows for flexible development tailored to specific needs. Recent improvements to Professional Drive in 2023 have enhanced accessibility, placing the site within minutes of major institutions including Meritus Hospital, Robinwood Medical Center, and Hagerstown Community College. The site's potential for a drive-through adds further appeal to a wide range of retail concepts. This prime location, coupled with its convenient access and high traffic counts, makes this pad site an exceptional investment opportunity in a thriving Maryland market. The property is classified as Retail Land, and is zoned for commercial use. Washington County provides a stable and supportive environment for business growth.

Property profile

Verified
Property type Retail properties & Spaces
UPID US40-0018777

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union
  • Loan Service Bank

Location

1101 Professional Ct Hagerstown, MD 21740
Hagerstown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2024
Price N/A
2024
$1.3M
2019
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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