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Property profile & analytics
OFF-MARKET
Commercial land
13414 Marsh Pike Hagerstown, MD 21742-2580
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US40-2183604
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1925
Total area
1,260 SF
Lot
0.26 ac (11,151 SF)
Zoning code
BL
APN
27-002331
UPID
US40-2183604
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Water Street Investments LLC · 8 yrs held
Water Street Investments LLC
since 2018
5 recorded transactions
Zoning & alternative use
BL · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hagerstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hagerstown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,388
Tax year 2023
Assessed value
$133,500
Assessed 2023
Previous assessed
$133,500
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$133,500
Land market value
$133,500
Total market value
$133,500
Applied tax rate
27.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1925
Heating
YES
Cooling
YES
Stories
2
Bathrooms
1
Total area
1,260 SF
Lot
0.26 ac (11,151 SF)
Zoning code
BL
APN
27-002331
UPID
US40-2183604
Jurisdiction
WASHINGTON
Zoning & alternative use
BL · Hagerstown, MD
Zoning BL · permitted uses
BL · Hagerstown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hagerstown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Water Street Investments LLC
Entity
Mailing address
19139 KIMBERLY DR, HAGERSTOWN, MD 21742-2923
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2018
$525,000
Water Street Investments LLC
Branch Bankin & Trust Co
Grant Deed
$420,000 · Middletown Vly Bk
Jan 23, 2008
$229,500
Susquehanna Bank
Hopkins,adam A
Grant Deed
related
—
Nov 8, 2004
$175,000
Adam A Hopkins
Kanzler,tammy L
Grant Deed
$145,000 · Mortgage Capital Investors
Apr 23, 2001
—
Tammy L Kanzler
Purdham,richard M
Grant Deed
related
—
May 26, 2000
$99,500
Richard M Purdham
Smith,richard D & Kimberly L
Grant Deed
related
$99,400 · Mnc Mortgage
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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