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Property profile & analytics
OFF-MARKET
Estimated value
$9,065,000
Super regional malls
17301 Vly Mall Rd, Hagerstown, MD 21740-6966
Entity Owned
7-yr Hold
Free & Clear
Property ID
US40-2248434
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1975
Total area
737,000 SF
Lot
59.57 ac (2,594,869 SF)
Zoning code
PB
APN
26-029996
UPID
US40-2248434
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
-
Karen Horejs, Keller Williams Premier Realty Real Estate Agency
-
Keller Williams Premier Realty Real Estate Agency
-
Mattress Warehouse of Hagerstown - Valley Mall Furniture & Home Goods
-
Neverland Games - Lost Boys Hideout Electronics & Wireless Store (Bike/Boat/Book/etc) Store
-
Sj Express Repair (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.07M
Owner & transaction history
Fcpt Holdings LLC · 7 yrs held
Fcpt Holdings LLC
since 2018
5 recorded transactions
Zoning & alternative use
PB · 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
$12 / 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
$690,615
Tax year 2023
Assessed value
$66,405,300
Assessed 2023
Previous assessed
$66,405,300
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$29,785,000
Assessed improvement
$36,620,300
Land market value
$29,785,000
Improvement market value
$36,620,300
Total market value
$66,405,300
Applied tax rate
26.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1975
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
3
Total area
737,000 SF
Lot
59.57 ac (2,594,869 SF)
Zoning code
PB
APN
26-029996
UPID
US40-2248434
Jurisdiction
WASHINGTON
Zoning & alternative use
PB · Hagerstown, MD
Zoning PB · permitted uses
PB · 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
1975
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
59.57 ac
Current owner
From public records · entity-resolved
Fcpt Holdings LLC
Entity
Free & Clear · 7 yrs held
Mailing address
17301 VLY MALL RD, HAGERSTOWN, MD 21740-6966
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
Aug 13, 2020
—
Pr Valley Limited Partnership
—
Deed
related
—
Oct 17, 2018
$2,364,258
Fcpt Holdings LLC
Pr Valley LP
Grant Deed
—
Jun 23, 2004
$1
Pr Valley LP
Crown American Acquisition Assoc
Grant Deed
related
—
Apr 22, 2003
$612,000
Hotel Squared Management LLC
Crown American Acquisition
Grant Deed
—
Apr 19, 2000
$282,194
Montgomery Ward Development
Crown American Acquisition
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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