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    FOR SALE
    Residential income properties

    11236 Robinwood Dr, Hagerstown, MD 21742

    2.02 ac lot
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US40-1179476
    Property summary
    AI-generated overview

    This exceptional Class A medical office building, the Varsity Professional Center, located at 11236 Robinwood Dr, Hagerstown, MD 21742, offers a prime opportunity for medical professionals seeking a prestigious location. The building boasts a total of 19,338 square feet and provides ample parking with 98 spaces for patients and staff. Currently, one suite is available for lease, encompassing a generous 9,800 square feet, ideal for a large practice or a multi-tenant arrangement. The building's "A" classification signifies its high-quality construction, modern amenities, and excellent condition. Its location in Hagerstown, Maryland, offers convenient access to major transportation routes and a thriving community. The multiple tenancy structure allows for flexibility and potential for collaboration with other medical professionals. This is a rare opportunity to secure a significant space in a highly sought-after medical office building. The property is easily accessible and well-maintained, providing a professional and welcoming environment for patients and staff alike. Interested parties are encouraged to inquire about lease terms and availability. The building's strategic location and substantial square footage make it an exceptional investment for long-term growth and success. Don't miss this chance to establish or expand your medical practice in this premier Hagerstown location.

    Property profile
    Verified
    Property type Residential income properties
    Use group COMMERCIAL CONDOMINUIM
    Lot 2.02 ac (87,991 SF)
    Zoning code BT
    APN 18-048914
    UPID US40-1179476
    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
    • Pirooz Mofrad Physician
    • Dr. Robert Marshall Physician
    • Dr. Gerald Apollon Pediatrician Physician
    • Bilal A Chaudhry, MD Physician
    • DANIEL WARNER Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Varsity Professional Center LLC
    Varsity Professional Center LLC
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    BT · Hagerstown, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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