Technical
Financial
Distress signals
Property profile

1481 Salem Ave Hagerstown, MD 21740

OFF-MARKET
Strip malls
Property ID
US40-2159703
5,680 SF 0.86 ac lot Built 2004
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 5,680 SF
Lot 0.86 ac (37,244 SF)
Zoning code CG
APN 25-017382
UPID US40-2159703

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency
  • Social Service Agency
  • Nail Salon
  • Restaurant
  • Hair Salon Nail Salon

Location

1481 Salem Ave Hagerstown, MD 21740-3571
Hagerstown metro Census 301 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.14M

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2008
$1.2M
2008
Price N/A
2004
Price N/A
2003
$50,000
2003
Price N/A
1969
Price N/A

Zoning & alternative use

CG · Hagerstown, MD
Zoning description

The purpose of this zoning district is to provide locations for businesses of a general nature to serve the community.

General category COMMERCIAL

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
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