Property profile

16715 National Pike Hagerstown, MD 21740

FOR SALE
Restaurants
Property ID
US40-2054885
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Property summary

AI-generated overview

Former Delmar Restaurant at 16715 National Pike, Hagerstown, MD 21740 presents a standout redevelopment opportunity in a high-visibility corridor. Situated on 2.45 acres and zoned General Business, this fee simple property offers exceptional flexibility for investors, developers, and owner-users seeking a strategic location with strong exposure. Positioned along National Pike with prominent pylon signage, the site benefits from public water and sewer and convenient access to both I-81 and I-70, making it ideal for a wide range of commercial uses. Current construction directly across the street further underscores the area’s ongoing growth and momentum. This former restaurant site is well suited for redevelopment and offers the visibility, access, and infrastructure needed to bring a new vision to life. Whether for retail, restaurant, service, or other commercial concepts, this property delivers a compelling opportunity in the Hagerstown market.

Property profile

Verified
Property type Restaurants
UPID US40-2054885

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
  • Bahá'Í House Of Worship
  • Restaurant

Location

16715 National Pike Hagerstown, MD 21740
Hagerstown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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