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Property profile & analytics
OFF-MARKET
Strip malls
17715 Virginia Ave Hagerstown, MD 21740-7001
Entity Owned
21-yr Hold
Free & Clear
Property ID
US40-2353177
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2000
Construction
BRICK
Total area
4,800 SF
Lot
0.48 ac (20,800 SF)
Zoning code
BL
APN
26-019591
UPID
US40-2353177
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
-
Keira's Crystal Creations (Bike/Boat/Book/etc) Store
-
LIMS African Restaurant Restaurant
-
Subiss Group LLC Media Distribution
-
LIMS MAKOLA INTERNATIONAL MARKET Grocery & Convenience Store Food Market
-
Creative Nails Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rr Mcman LLC · 21 yrs held
Rr Mcman LLC
since 2004
4 recorded transactions
Zoning & alternative use
BL · 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
—
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
$6,674
Tax year 2023
Assessed value
$641,700
Assessed 2023
Previous assessed
$641,700
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$374,400
Assessed improvement
$267,300
Land market value
$374,400
Improvement market value
$267,300
Total market value
$641,700
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2000
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
4,800 SF
Lot
0.48 ac (20,800 SF)
Zoning code
BL
APN
26-019591
UPID
US40-2353177
Jurisdiction
WASHINGTON
Zoning & alternative use
BL · Hagerstown, MD
Zoning BL · permitted uses
BL · 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
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Rr Mcman LLC
Entity
Free & Clear · 21 yrs held
Mailing address
20517 WILDERNESS RUN RD, BOONSBORO, MD 21713-1864
Ownership since
2004
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
Nov 8, 2004
—
Rr Mcman LLC
Tetter,norman R & Donna C
Grant Deed
related
—
Feb 17, 2004
$630,000
Norman R Tetter
Coop Group II LLC
Grant Deed
$375,000 · Farmers & Mechanics Bank
Dec 8, 1999
$190,000
Coop Group II LLC
Moy,harry W
Grant Deed
—
—
—
Coop Group II
—
Deed Of Trust
related
$200,000 · Hagerstown Trust Co
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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