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    Property profile & analytics

    17520 Virginia Ave Hagerstown, MD 21740-7725

    • Strip malls
    • 7,950 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    $870,000
    Last Sale
    Jan 10, 2023
    $850,000
    Location Intelligence
    Property ID
    US40-0167911
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • American Pie Pizzeria / Pizza Restaurant / Italian Restaurant

    Property Details for 17520 Virginia Ave

    Construction
    BRICK
    Lot size
    0.72 lot acres
    Property size
    7,950 SF
    Zone code
    BL
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    26-000017
    APU
    26000017

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $895,000

    • CAP approach

      CAP return
      Estimation
      6%
      $770,000
      6.5%
      $825,000
      7%
      $785,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $845,000
      Geo Method
      $835,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $855,000
      Retail
      $920,000
      Mixed-Use
      $725,000
      Hospitality
      $745,000
      Educational
      $855,000
      Residential Income
      $890,000
      Energy
      $750,000
      Income-Based Land
      $750,000
      Food Service
      $815,000

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.762
    Latitude
    39.6198
    CBSA code
    25180
    CBSA name
    HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,898
    $204,100
    $459,200
    $663,300
    -
    $204,100
    $459,200
    $663,300

    Comparable in this City

    • Value Estimation by Request
      45,000 SF

      1423 Dual Hwy

      SHOPPING CENTER, STRIP CENTER • 45,000 SF
      1423 Dual Hwy, Hagerstown, MD 21740-6515
      View Details
    • Value Estimation by Request
      14,000 SF

      975 Mt Aetna Rd

      SHOPPING CENTER, STRIP CENTER • 14,000 SF
      975 Mt Aetna Rd, Hagerstown, MD 21740-6802
      View Details
    • Value Estimation
      $235,000
      8,147 SF

      Jefferson Blvd

      SHOPPING CENTER, STRIP CENTER • 8,147 SF
      Jefferson Blvd, Hagerstown, MD 21740
      View Details
    • Value Estimation by Request
      17,250 SF

      16110 Everly Rd

      SHOPPING CENTER, STRIP CENTER • 17,250 SF
      16110 Everly Rd, Hagerstown, MD 21740-2384
      View Details
    • Value Estimation by Request
      11,295 SF

      13 Oak Rdg Dr

      SHOPPING CENTER, STRIP CENTER • 11,295 SF
      13 Oak Rdg Dr, Hagerstown, MD 21740-7483
      View Details
    • Value Estimation by Request
      13,277 SF

      110 Burhans Blvd

      SHOPPING CENTER, STRIP CENTER • 13,277 SF
      110 Burhans Blvd, Hagerstown, MD 21740
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      47,410 SF

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      Hagerstown, MD shopping center, high traffic
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      118,055 SF

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      118,055 SF, Multi-Tenant, 100% Leased
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    • $1,090,000

      High-Traffic Car Wash Opportunity

      Car wash or pad site opportunity near Interstate 70.
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    • $500,000
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      Hagerstown Retail Investment Opportunity

      High-Yield Laundromat, Store & Cashing
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    • $595,000
      2,500 SF

      Hagerstown Retail Investment Opportunity

      High-traffic retail space, dual highway frontage.
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    • $550,000
      3,720 SF

      Cash-Flowing 5-Unit Multi-Building Investment

      Fully rented, well-maintained investment property with upside potential in Hagerstown.
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    Similar Nearby for Lease

    • Contact for pricing
      3,971 SF

      Retail Space in Hagerstown Center

      Retail space available in high-traffic Hagerstown power center.
      18019 Garland Groh Blvd, Hagerstown, MD 21740
      View Details
    • Contact for pricing
      17,350 SF

      Retail Space Near Hagerstown Outlets

      Retail space with high visibility near major retailers and highways.
      1101-1181 Maryland Ave, Hagerstown, MD 21740
      View Details
    • Contact for pricing
      384,000 SF

      1520 Wesel Blvd

      Neighborhood centers • 384,000 SF
      1520 Wesel Blvd, Hagerstown, MD 21740
      View Details
    • Contact for pricing
      14,600 SF

      Sharpsburg Pike Retail Center

      Prime Retail Space Available, High Traffic Area
      10433 Sharpsburg Pike, Hagerstown, MD 21740
      View Details
    • Contact for pricing
      47,025 SF

      Foxshire Plaza Retail Space Available

      Hagerstown, MD Shopping Center Space
      1423 Dual Hwy, Hagerstown, MD 21740
      View Details
    • Contact for pricing
      113,323 SF

      Shoppes at Hagerstown Retail Space

      Prime Hagerstown retail space available. Two suites, flexible sizes.
      18053 Garland Groh Blvd, Hagerstown, MD 21740
      View Details
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    Hagerstown, MD 21740-7725
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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