Property profile

120 Cleveland Ave Hagerstown, MD 21740

OFF-MARKET
Turn key restaurants
Property ID
US40-2160652
3,795 SF 0.17 ac lot Built 1932
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1932
Construction BRICK
Total area 3,795 SF
Lot 0.17 ac (7,231 SF)
Zoning code RMED
APN 22-007882
UPID US40-2160652

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

120 Cleveland Ave Hagerstown, MD 21740-5479
Hagerstown metro Census 601 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
$135k

Owner & transaction history

since 2022
Last sale
$151,000
5 recorded transactions
2022
$151,000
2012
Price N/A
2010
$485,749
2006
$549,900
2006
Price N/A

Zoning & alternative use

RMED · Hagerstown, MD
Zoning description

The purpose of this zoning district is to provide areas for medium density residential development.

General category RESIDENTIAL

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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