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Property profile & analytics
OFF-MARKET
Estimated value
$131,315,000
Warehouses
13905 Crayton Blvd Hagerstown, MD 21742-3690
Entity Owned
5-yr Hold
Free & Clear
Property ID
US40-1819923
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2020
Total area
1,190,700 SF
Lot
83.26 ac (3,626,806 SF)
Zoning code
HI
APN
27-014488
UPID
US40-1819923
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
Current use
Occupant on record · Public records
-
Truck Repair Auto Repair Shop
-
Amazon Warehouse Corporate Office
-
AMAZON HSE1 Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$126.27M
Comparable Approach
Comparable
$152.01M
Blend (final)
Blend
$131.32M
Owner & transaction history
Preylock Hagerstown LLC · 5 yrs held
Preylock Hagerstown LLC
since 2020
Last sale
$129.8M
4 recorded transactions
Zoning & alternative use
HI · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$183.6M
+106.0%
Auto repair, garage
$182.2M
+104.5%
Commercial (general)
$161.4M
+81.2%
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
Method
Estimation
Statistic approach
$157,490,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$136,785,000
6.5%
$126,265,000
7%
$117,245,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$89,100,000
Current use
RETAIL STORES
$183,570,000
Change: +106% · Conversion: Moderate
AUTO REPAIR, GARAGE
$182,175,000
Change: +104% · Conversion: Easy
COMMERCIAL (GENERAL)
$161,410,000
Change: +81% · Conversion: Difficult
Blend value · Realmo final
$131.32M
Range $118.18M – $144.45M · ±10% · vs last sale $129.75M (Oct 20 2020)
Last sale anchor
$129.75M
Oct 20 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$110 / SF
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
$1,191,956
Tax year 2023
Assessed value
$114,611,167
Assessed 2023
Previous assessed
$103,824,633
+10.4% YoY
Effective rate
1.04%
On assessed value
Land market value
$8,326,000
Improvement market value
$117,071,700
Total market value
$125,397,700
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
1,190,700 SF
Lot
83.26 ac (3,626,806 SF)
Zoning code
HI
APN
27-014488
UPID
US40-1819923
Jurisdiction
WASHINGTON
Zoning & alternative use
HI · Hagerstown, MD
Zoning HI · permitted uses
HI · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$89.1M
RETAIL STORES
Est. value
$183.6M
AUTO REPAIR, GARAGE
Est. value
$182.2M
COMMERCIAL (GENERAL)
Est. value
$161.4M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
83.26 ac
Current owner
From public records · entity-resolved
Preylock Hagerstown LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2025
—
Preylock Hagerstown LLC
—
Deed
related
$84,300,000 · Aareal Capital Corporation
Oct 20, 2020
$129,750
Preylock Hagerstown LLC
Tcc Vista LLC
Grant Deed
—
Oct 29, 2018
$7,827,000
Dri Tcc Vista LLC
Perini Industrial Land LLC
Special Warranty Deed
—
Sep 27, 1999
$850,000
Perini Industrial Land LLC Co
Bon-ton Department Stores INC
Grant Deed
related
$850,000 · Miscellaneous Govt Agcy
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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