New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,450,000
Drive through restaurants
17601 Garland Groh Blvd, Hagerstown, MD 21740-2022
Entity Owned
3-yr Hold
Free & Clear
Property ID
US40-0335781
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2000
Construction
BRICK
Total area
4,298 SF
Lot
1.01 ac (43,995 SF)
Zoning code
CR
APN
25-032055
UPID
US40-0335781
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
-
McDonald's Restaurant Take-out & Catering
-
McCafe Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.45M
Owner & transaction history
P&g Hagerstown LLC · 3 yrs held
P&g Hagerstown LLC
since 2022
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
CR · 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
Method
Estimation
Statistic approach
$3,335,000
ML approach
$3,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.45M
Range $3.11M – $3.80M · ±10% · vs last sale $3.70M (Oct 17 2022)
Last sale anchor
$3.70M
Oct 17 2022
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
$803 / 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
$17,770
Tax year 2023
Assessed value
$1,942,100
Assessed 2023
Previous assessed
$1,942,100
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$1,479,700
Assessed improvement
$462,400
Land market value
$1,479,700
Improvement market value
$462,400
Total market value
$1,942,100
Applied tax rate
30.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2000
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
4,298 SF
Lot
1.01 ac (43,995 SF)
Zoning code
CR
APN
25-032055
UPID
US40-0335781
Jurisdiction
WASHINGTON
Zoning & alternative use
CR · Hagerstown, MD
Zoning CR · permitted uses
CR · 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
2000
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
P&g Hagerstown LLC
Entity
Free & Clear · 3 yrs held
Mailing address
300 WHITE BANKS LN, CENTREVILLE, MD 21617-1834
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2022
$3,700,000
P&g Hagerstown LLC
Cr Hagerstown LLC
Re-recorded Document
related
—
Oct 17, 2022
$3,700,000
P&g Hagerstown LLC
Cr Hagerstown LLC
Special Warranty Deed
—
Jan 6, 2020
—
Cr Hagerstown LLC
—
Deed
related
$16,450,000 · Shore United Bk
Aug 29, 2019
$23,500,000
Cr Hagerstown LLC
Washreit Centre At Hagerstown
Grant Deed
$16,500,000 · Crc V Op LLC
Sep 17, 2015
—
Washreti Centre At Hagerstown
Washington Real Estate Investm
Quit Claim Deed
related
—
Jun 21, 2002
$41,700,000
Ddrc Pdk Hagerstown LLC
—
Grant Deed
related
—
—
—
Cr Hagerstown LLC
—
Deed Of Trust
related
$16,450,000 · Shore United Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 17601 Garland Groh Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
