133 Burhans Blvd Hagerstown, MD 21740-5353
This exceptional 21,804 square foot industrial building in Hagerstown, MD, presents a remarkable investment opportunity. Situated on a 1.01-acre lot, this four-story, all-brick structure boasts two loading docks, a new HVAC system, updated water heaters and windows, and fresh paint throughout. The building features 36"+ wide hallways, a new elevator (currently under construction), exterior cameras, a main entrance lock, monitored security, motion detectors, smoke detectors, and an indoor sprinkler system, ensuring safety and accessibility. The third floor offers impressive 26.5-foot ceiling heights, shared restrooms, and water fountains. The property includes 16,000+ square feet of finished, fully rented space, plus additional build-out ready areas, promising significant rental income potential. Additional amenities include a new fire escape, overhead doors, conveyors, fencing, and blacktop. Zoned for industrial use, this versatile property is ideal for storage, warehousing, light industrial operations, or office space. Its location offers convenient access to major transportation routes, including an airport less than 10 miles away and a bus stop within one mile. Strategically positioned near the new Amazon Fulfillment Center and other key commercial hubs, this property offers unparalleled access to major retail and distribution networks. The asking price is $1,100,000.
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Landmark Elevator, Inc. General Contractor Construction Company
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
IR · 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.