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Property profile & analytics
OFF-MARKET Estimated value $1,140,000
Medical Office Space

1125 Diamond Dr Hagerstown, MD 21740-5857

6,940 SF 1.33 ac lot Built 1993
Entity Owned 18-yr Hold Free & Clear
Property ID
US40-0180477
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1993
Construction BRICK
Total area 6,940 SF
Lot 1.33 ac (57,847 SF)
Zoning code POM
APN 17-025449
UPID US40-0180477
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
  • Drs. Porac & Bachtell Dental Office
  • Drs. Porac & Bachtell: Richard J. Porac, DDS, Douglas Chip Bachtell, DDS Dental Office
  • Theodoropoulos Demetrios S MD Physician Medical Clinic
  • Mauriello Paul MD Physician Medical Clinic
  • Meritus Allergy & Asthma Specialists Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$1.14M
Owner & transaction history
M & P Realty LLC · 18 yrs held
M & P Realty LLC
since 2008
1 recorded transaction
2008
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
Commercial (general) $1.1M +6.3%
Restaurant $1.1M +3.5%
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