Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

18450 Showalter Rd Hagerstown, MD 21742

FOR LEASE
Industrial properties
Property ID
US40-1198767
838,657 SF 12.4 ac lot Built 1944
Last sale Apr 2023 · $4,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

New Heights Industrial Park offers a prime opportunity for businesses seeking flexible industrial space in Hagerstown, Maryland. This 764,619 square foot facility, situated on 41.9 acres, features thirteen suites with a minimum divisible space of 43,750 square feet and a maximum contiguous space of 250,000 square feet

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026
$4.64M
$4.18M – $5.10M
Submarket $/SF estimate$23.68M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IG
The purpose of this zoning district is to provide manufacturing, processing and storage uses which should be separated from other uses by...
General categoryINDUSTRIAL
JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.0
Wholesale Shop9.9
Law Firm9.4

Location

18450 Showalter Rd Hagerstown, MD 21742
County assessor · not on file Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18249 Phoenix, Hagerstown, MD 21742-1351 $12,292,583 Feb 2024 188,784 SF
18516 Henson, Hagerstown, MD 21742 $12,292,583 Feb 2024 49,950 SF
18400 Precision, Hagerstown, MD 21742-3294 $3,963,960 Jun 2023 40,600 SF
19224 Longmeadow, Hagerstown, MD 21742-2872 $9,250,000 Jun 2023 287,625 SF
881 Pennsylvania, Hagerstown, MD 21742-3103 $325,000 Oct 2021 187,732 SF
13905 Crayton, Hagerstown, MD 21742-3690 $129,750,000 Oct 2020 1,190,700 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again