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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Office buildings
1142 Opal Ct, Hagerstown, MD 21740-5940
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-0747054
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Total area
5,036 SF
Lot
0.3 ac (12,936 SF)
Zoning code
POM
APN
17-028383
UPID
US40-0747054
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
$995k
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$835k
Owner & transaction history
Hnbuildings LLC · 4 yrs held
Hnbuildings LLC
since 2022
Last sale
$850,000
4 recorded transactions
Zoning & alternative use
POM · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hagerstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hagerstown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$765,000
ML approach
$785,000
CAP Approach
CAP Return
Estimation
6%
$1,075,000
6.5%
$995,000
7%
$920,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$865,000
Current use
AUTO REPAIR, GARAGE
$780,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$775,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $850k (Apr 15 2022)
Last sale anchor
$850k
Apr 15 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$166 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,399
Tax year 2023
Assessed value
$808,600
Assessed 2023
Previous assessed
$850,000
-4.9% YoY
Effective rate
0.92%
On assessed value
Assessed land
$200,000
Assessed improvement
$608,600
Land market value
$200,000
Improvement market value
$608,600
Total market value
$808,600
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2004
Heating
HEAT PUMP
Stories
2
Units
1
Total area
5,036 SF
Lot
0.3 ac (12,936 SF)
Zoning code
POM
APN
17-028383
UPID
US40-0747054
Jurisdiction
WASHINGTON
Zoning & alternative use
POM · Hagerstown, MD
Zoning POM · permitted uses
POM · Hagerstown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hagerstown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$865,000
AUTO REPAIR, GARAGE
Est. value
$780,000
RETAIL STORES
Est. value
$775,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
HEAT PUMP
Stories
2
Units
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Hnbuildings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
6550 MERCANTILE DR E STE #101, FREDERICK, MD 21703-7656
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2022
$850,000
Hnbuildings LLC
Pike Professional Building LLC
Deed
—
Sep 24, 2003
$330,000
Pike Professional Building LLC
Brim Builders INC
Grant Deed
$600,000 · Centra Bank INC
—
—
Pike Professional Building LLC
—
Deed Of Trust
related
$361,439 · Susquehanna Bank
—
—
Pike Professional Building LLC
—
Deed Of Trust
related
$15,000 · Centra Bank INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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