12910 Salem Ave Hagerstown, MD 21740-3548
This exceptional mixed-use property, located at 12910 Salem Avenue in Hagerstown, Maryland, presents a compelling investment opportunity. The 1,246 square foot building sits on a sizable 1.31-acre lot, offering significant development potential. Its prime location boasts high traffic volume, placing it in close proximity to major interstates and numerous thriving businesses. The existing home is included in the sale, conveying in "as-is" condition. This presents a unique chance to renovate, repurpose, or redevelop the property to suit a variety of commercial uses. The property's size and location make it ideal for a range of ventures, from retail and office space to light industrial uses. The asking price of $125,000 is aggressively priced to ensure a swift sale. This is a rare chance to acquire a substantial property in a high-demand area at an exceptionally competitive price. The property's potential is virtually limitless, making it an attractive investment for both seasoned developers and first-time buyers seeking a high-return opportunity. Don't miss this chance to capitalize on this prime Hagerstown location. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HI · Hagerstown, MDHagerstown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.