Property profile

13014 Pennsylvania Ave Hagerstown, MD 21742

OFF-MARKET
Drive through restaurants
Property ID
US40-0921341
2,724 SF 1.94 ac lot Built 1978
Entity Owned Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional free-standing restaurant building presents a rare opportunity in the thriving Hagerstown, MD market. Boasting a generous 2,600 square feet of space on a sizable 1.95-acre lot, this property offers significant potential for a single-tenant user. The building's prime location along Pennsylvania Avenue ensures high visibility and accessibility, benefiting from an estimated 15,000 vehicles per day. Ample parking is provided with 65 spaces, ensuring convenience for patrons. The property's BL zoning allows for a variety of restaurant concepts. Its strategic location places it in close proximity to a cluster of national retailers, including Weis Markets, Lowe's, CVS, Dunkin', and McDonald's, creating a strong synergy and attracting significant foot traffic. The entire 2,600 square feet is currently vacant, providing a blank canvas for a new restaurant venture. The property's parcel number is 27-018734, located within Washington County. This is a turnkey opportunity to establish a successful restaurant business in a high-traffic area with excellent visibility and convenient access. Don't miss this chance to capitalize on the Hagerstown market's growth.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1978
Construction BRICK
Total area 2,724 SF
Lot 1.94 ac (84,724 SF)
Zoning code BL
APN 27-018734
UPID US40-0921341

Cap rate & NOI

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

Location

13014 Pennsylvania Ave Hagerstown, MD 21742-2739
Hagerstown metro Census 10300 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$571k
Blend (final) Blend
$625k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

BL · Hagerstown, MD
Top alternative use upside
Office building $745,000 +3.9%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 13014 Pennsylvania Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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