Property profile

11236 Robinwood Dr Hagerstown, MD 21742

FOR SALE
Residential income properties
Property ID
US40-1179476
2.02 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Pediatrician Physician
  • Physician
  • Physician

Location

11236 Robinwood Dr Hagerstown, MD 21742
Hagerstown metro Census 11204 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Zoning & alternative use

BT · Hagerstown, MD

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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