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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Automotive properties
1935 Dual Hwy, Hagerstown, MD 21740-6603
Entity Owned
20-yr Hold
Free & Clear
Property ID
US40-2342693
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2019
Construction
BRICK
Total area
5,115 SF
Lot
3.75 ac (163,350 SF)
Zoning code
HI
APN
10-024684
UPID
US40-2342693
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
-
Younger Auto Group Car Dealership
-
Younger Mitsubishi Car Dealership
-
Younger Volvo Cars Hagerstown Car Dealership
-
Younger Toyota Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.02M
Owner & transaction history
Hagerstown Commerce Center INC · 20 yrs held
Hagerstown Commerce Center INC
since 2005
5 recorded transactions
Zoning & alternative use
HI · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+95.7%
Office building
$880,000
+10.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$795,000
Current use
RESTAURANT
$1,550,000
Change: +96% · Conversion: Difficult
OFFICE BUILDING
$880,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$790,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$645,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±10%
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
$198 / 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
$24,232
Tax year 2023
Assessed value
$2,329,967
Assessed 2023
Previous assessed
$2,315,333
+0.6% YoY
Effective rate
1.04%
On assessed value
Land market value
$975,000
Improvement market value
$1,369,600
Total market value
$2,344,600
Applied tax rate
10.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2019
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
2
Total area
5,115 SF
Lot
3.75 ac (163,350 SF)
Zoning code
HI
APN
10-024684
UPID
US40-2342693
Jurisdiction
WASHINGTON
Zoning & alternative use
HI · Hagerstown, MD
Zoning HI · permitted uses
HI · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$795,000
RESTAURANT
Est. value
$1.6M
OFFICE BUILDING
Est. value
$880,000
RETAIL STORES
Est. value
$790,000
COMMERCIAL (GENERAL)
Est. value
$645,000
AUTO REPAIR, GARAGE Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
2
Lot
3.75 ac
Current owner
From public records · entity-resolved
Hagerstown Commerce Center INC
Entity
Free & Clear · 20 yrs held
Mailing address
1935 DUAL HWY, HAGERSTOWN, MD 21740-6603
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
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
Mar 23, 2018
—
1935 Dual Highway LLC
—
Trustees Deed
related
$1,050,000 · Branch Bk&tr
Nov 9, 2005
$23,250
Hagerstown Commerce Center INC
1935 Dual Highway LLC
Grant Deed
—
Oct 12, 2000
—
1935 Dual Highway LLC
Younger,r T & Billie R
Grant Deed
related
—
—
—
R Ted Younger
—
Deed Of Trust
related
$406,000 · Susquehanna Bank
—
—
1935 Dual Highway LLC
—
Deed Of Trust
related
$1,050,000 · Branch Bk&tr
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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