Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    12821 Oak Hl Ave Hagerstown, MD 21742-2940

    • Medical offices
    • 13,077 SF
    • 1.24 lot acres
    OFF-MARKET
    Value Estimation
    $4,340,000
    Last Sale
    Jun 13, 2022
    $4,408,208
    Location Intelligence
    Property ID
    US40-2248329
    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.

    Current Use by Public Records

    • Anesthesia & Interventional / Pain Management Physician
    • Casey Sullivan / Nurse Practitioner / Registered General Nurse
    • Imtiaz Khurshid / Pulmonologist
    • Meritus Pulmonary Consultants - Hagerstown / Medical Clinic
    • Dr. Shahnoor Khan / Psychiatrist / Practitioner Service Location

    Property Details for 12821 Oak Hl Ave

    Year built
    1961
    Construction
    BRICK
    Lot size
    1.24 lot acres
    Property size
    13,077 SF
    Zone code
    BL
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    27-018661
    APU
    27018661

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,130,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,125,000
      6.5%
      $4,610,000
      7%
      $4,705,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,065,000
      Geo Method
      $4,850,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,680,000
      Retail
      $3,930,000
      Mixed-Use
      $4,960,000
      Hospitality
      $4,635,000
      Educational
      $5,165,000
      Residential Income
      $5,130,000
      Energy
      $4,730,000
      Income-Based Land
      $4,455,000
      Food Service
      $3,990,000

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.7011
    Latitude
    39.6663
    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
    $19,756
    $650,200
    $1,249,400
    $1,899,600
    -
    $650,200
    $1,249,400
    $1,899,600

    Comparable in this City

    • Value Estimation
      $1,300,000
      16,000 SF

      747 Northern Ave

      MEDICAL BUILDING • 16,000 SF
      747 Northern Ave, Hagerstown, MD 21742-2723
      View Details
    • Value Estimation by Request
      3,880 SF

      1409 Pennsylvania Ave

      MEDICAL BUILDING • 3,880 SF
      1409 Pennsylvania Ave, Hagerstown, MD 21742-3109
      View Details
    • Value Estimation by Request
      4,825 SF

      11151 Robinwood Dr

      MEDICAL BUILDING • 4,825 SF
      11151 Robinwood Dr, Hagerstown, MD 21742-6703
      View Details
    • Value Estimation by Request
      4,969 SF

      13527 Pennsylvania Ave

      MEDICAL BUILDING • 4,969 SF
      13527 Pennsylvania Ave, Hagerstown, MD 21742-2334
      View Details
    • Value Estimation by Request
      16,337 SF

      12931 Oak Hl Ave

      MEDICAL BUILDING • 16,337 SF
      12931 Oak Hl Ave, Hagerstown, MD 21742-2914
      View Details
    • Value Estimation by Request
      37,062 SF

      1302 Pennsylvania Ave

      MEDICAL BUILDING • 37,062 SF
      1302 Pennsylvania Ave, Hagerstown, MD 21742-3108
      View Details

    Similar Nearby for Sale

    • $440,000

      HAGERSTOWN Commercial Space For Sale

      1,379 sq ft commercial condo in thriving medical corridor.
      11236 Robinwood Dr, Hagerstown, MD 21742
      View Details
    • $1,100,000
      9,000 SF

      Hagerstown Mixed-Use Investment Opportunity

      Historic Barn, 9,000 SF, High Occupancy
      14113 Pennsylvania Ave, Hagerstown, MD 21742
      View Details
    • $360,000

      Updated Farmhouse with Commercial Features

      Updated farmhouse featuring a commercial kitchen and office space.
      14035 Pennsylvania Ave, Hagerstown, MD 21742
      View Details
    • $399,900
      0.34 Acres

      HAGERSTOWN Mixed-Use Building For Sale

      Two-unit building with commercial space and apartment, ample parking.
      1305 Pennsylvania Ave, Hagerstown, MD 21742
      View Details
    • $3,800,000
      54,288 SF

      Crestwood Dr

      Schools • 54,288 SF
      0 Crestwood Dr, Hagerstown, MD 21742
      View Details
    • $525,000

      Hagerstown Medical Office Condo

      Prime location, 1379 sq ft, high potential.
      11236 Robinwood Dr, Hagerstown, MD 21742
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      24,000 SF

      Hagerstown Medical Office Space

      Prime Medical Office Suites Available Now
      11205 John F Kennedy Dr, Hagerstown, MD 21742
      View Details
    • Contact for pricing
      19,338 SF

      Varsity Professional Center: Medical Office Space

      Hagerstown, MD Medical Office Suite Available
      11236 Robinwood Dr, Hagerstown, MD 21742
      View Details
    • $21 SF/Yr
      36,155 SF

      HAGERSTOWN, MD - Office Space

      New construction office space suitable for medical or professional use.
      13316 Marsh Pike, Hagerstown, MD 21742
      View Details
    • $2,000 /Mo
      15,682 SF

      HAGERSTOWN Office Space For Lease

      1900 sqft office space with new renovations in Hagerstown.
      18705 Crestwood Dr, Hagerstown, MD 21742
      View Details
    • $12 SF/Yr
      4,373 SF

      Hagerstown Office Space for Lease

      Prime Hagerstown location, 4,373 sq ft office.
      11377 Robinwood Dr, Hagerstown, MD 21742
      View Details
    • Contact for pricing
      801,000 SF

      Hagerstown Warehouse: 801,000 SF

      Modern warehouse space, I-81 access.
      18245 Showalter Rd, Hagerstown, MD 21742
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12821 Oak Hl Ave
    Hagerstown, MD 21742-2940
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.