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Property profile & analytics
OFF-MARKET Estimated value $24,685,000
Medical Office Space

1165 Imperial Dr Hagerstown, MD 21740-6555

54,843 SF 3.08 ac lot Built 2011
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US40-1595824
Property summary
AI-generated overview

This exceptional 600 square foot medical office space is situated within a Class B, multi-tenant medical office building at 1165 Imperial Drive, Hagerstown, MD 21740. The building, constructed in 2011, boasts a total of 54,843 square feet, offering ample space for a variety of medical practices. This particular suite presents a fantastic opportunity for expansion or relocation, with immediate availability. The property's prime location within a medical/professional office park provides excellent visibility and accessibility. Its proximity to Meritus Medical Center and the School of Osteopathic Medicine ensures a high concentration of potential patients and referral sources. The building's modern design and efficient layout create a professional and welcoming environment for both staff and clients. The address is easily accessible from major roadways, offering convenient access for patients and employees. This is an ideal space for a growing medical practice seeking a well-established and convenient location in Hagerstown, Maryland. The 600 square foot suite is currently vacant and ready for immediate occupancy. Serious inquiries are encouraged to explore this exceptional opportunity.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2011
Total area 54,843 SF
Lot 3.08 ac (134,165 SF)
Zoning code POM
APN 17-032852
UPID US40-1595824
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
  • Neal Kristina M Law Firm
  • Emily Priestas, DPT, OCS Physician
  • Northwestern Mutual Financial Advisor
  • Lorraine Bowen, C.N.M., C.R.N.P. Association / Organization
  • Pediatrix Medical Group Medical Group
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$24.69M
Owner & transaction history
Hagerstown 1165 Mprk6 LLC · 1 yrs held
Hagerstown 1165 Mprk6 LLC
since 2025
Last sale
$25.2M
5 recorded transactions
2025
$25.2M
2021
$18.8M
2021
Price N/A
2014
Price N/A
2013
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
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