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Property profile & analytics
OFF-MARKET Estimated value $1,220,000
Retail space

1115 Professional Ct Hagerstown, MD 21740-5853

7,888 SF 1.06 ac lot Built 1996
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US40-0205346
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1996
Construction BRICK
Total area 7,888 SF
Lot 1.06 ac (45,989 SF)
Zoning code POM
APN 17-025724
UPID US40-0205346
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Above All Physical Therapy Physician
  • Eastern Professional Center Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.33M
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.22M
Owner & transaction history
Forte Wilson Properties LLP · 3 yrs held
Forte Wilson Properties LLP
since 2022
Last sale
$1.2M
3 recorded transactions
2022
$1.2M
2018
$1.1M
2018
Price N/A
Zoning & alternative use
POM · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

POM - Professional Office Mixed-Use. It is mainly an office park area with limited retail and restaurants permitted (e.g., Light Business Park, MKS Business Park, Florida Avenue, Mill Street, E. Antietam east of Cannon, etc.). I-MU - Industrial Mixed-Use. Allows blending of lower intensity industrial with some amount of commercial. IR - Industrial Restricted…

Zone name Professional Office Mixed
General category INDUSTRIAL
Zone area 252.09 ac
Top alternative use upside
Office building $1.4M +11.5%
Auto repair, garage $1.2M +0.5%
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