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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Investment properties
16716 National Pike Hagerstown, MD 21740-2159
Entity Owned
~
Est. High Equity
Property ID
US40-2273291
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Construction
BRICK
Total area
3,410 SF
Lot
5 ac (217,800 SF)
Zoning code
PI
APN
24-000567
UPID
US40-2273291
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
$560k
CAP Approach
CAP
$520k
Comparable Approach
Comparable
$641k
Blend (final)
Blend
$575k
Owner & transaction history
Cac Investments LLC
Cac Investments LLC
since 2025
4 recorded transactions
Zoning & alternative use
PI · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$585,000
+36.4%
Auto repair, garage
$530,000
+23.1%
Retail stores
$525,000
+22.4%
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
$580,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
$565,000
6.5%
$520,000
7%
$480,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$430,000
Current use
OFFICE BUILDING
$585,000
Change: +36% · Conversion: Easy
AUTO REPAIR, GARAGE
$530,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$525,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±10%
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
$169 / 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
$4,872
Tax year 2023
Assessed value
$468,500
Assessed 2023
Previous assessed
$468,500
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$280,000
Assessed improvement
$188,500
Land market value
$280,000
Improvement market value
$188,500
Total market value
$468,500
Applied tax rate
24.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
2
Units
3
Bathrooms
1
Total area
3,410 SF
Lot
5 ac (217,800 SF)
Zoning code
PI
APN
24-000567
UPID
US40-2273291
Jurisdiction
WASHINGTON
Zoning & alternative use
PI · Hagerstown, MD
Zoning PI · permitted uses
PI · 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
COMMERCIAL (GENERAL) Current
Est. value
$430,000
OFFICE BUILDING
Est. value
$585,000
AUTO REPAIR, GARAGE
Est. value
$530,000
RETAIL STORES
Est. value
$525,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
3
Units
3
Bathrooms
1
Lot
5 ac
Current owner
From public records · entity-resolved
Cac Investments LLC
Entity
Mailing address
16345 MT TABOR RD, HAGERSTOWN, MD 21740-1030
Ownership since
2025
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
Dec 29, 2025
—
Cac Investments LLC
Gwc Trucking INC
Deed
$403,657 · Truist Bank
Jan 13, 2025
$525,000
Gwc Trucking INC
Huyetts Enterprises LLC
Deed
$420,000 · Truist Bank
Jan 17, 2014
$300,000
Huyetts Ents LLC
Stone,robert B
Grant Deed
—
Jun 6, 2003
$420,000
Blarney Stone Enterprise LLC
Burger,harold E & Jo A
Grant Deed
$390,000 · Harold E & Jo A Burger
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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