116 Baltimore St Hagerstown, MD 21740
Property profile & analytics
116 Baltimore St, Hagerstown, MD 21740
- Office buildings
- 9,568 SF
- 0.46 lot acres
Property ID
US40-0977752
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Casa Inc / Social Service Agency / Charitable Organization
Property Details for 116 Baltimore St
- Year built
- 1900
- Construction
- BRICK
- Lot size
- 0.46 lot acres
- Zone code
- RMED
- Property type
- Office buildings
- APN
- 03-031241
- APU
- 3031241
Description
This unique investment opportunity presents a 9,568 square foot, two-story creative office building located at 116 W Baltimore St, Hagerstown, MD 21740. Built in 1962, this property sits on a 0.46-acre lot and offers 30 parking spaces. Currently configured as a single-tenant office space, the lease expires on December 31, 2024, with an occupancy date of December 16, 2024. The building is zoned RMED with an existing non-conforming use for office purposes. Priced at $525,000, this is a value-add project ideal for a small business owner/user seeking a significant renovation opportunity. The property is being sold "as is, where is," and requires deferred maintenance, including upgrades to major building systems. Its location offers proximity to the new Meritus Baseball Stadium, presenting potential for increased visibility and foot traffic. This is a chance to acquire a substantial property in an Opportunity Zone, allowing for potential tax advantages. The building's substantial size and ample parking make it a compelling prospect for redevelopment or adaptive reuse. Serious inquiries are encouraged to explore the potential of this unique investment.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $475,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $620,000
Market price range: $486k - $1.98M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hagerstown
- County
- Washington
- State
- Maryland
- Longitude
- -77.726
- Latitude
- 39.6404
- CBSA code
- 25180
- CBSA name
- HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$0.00
$0.00
$653,533
-
$80,300
$657,100
$737,400
