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    19833 Leitersburg Pike Hagerstown, MD 21742-1473
    Property profile & analytics

    19833 Leitersburg Pike, Hagerstown, MD 21742-1473

    View on Map

    • Office buildings
    • 22,470 SF
    • 3.44 lot acres
    Off-Market
    Last Sale Dec 30, 2024
    $2,000,000
    Property ID
    US40-0905528
    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.

    Value Estimations
    $2,000,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Terry Cole, Long & Foster Real Estate, Inc. / Real Estate Agency
    • Lincare / Home Health Care Service / Medical Equipment Supplier
    • Carson Wealth / Financial Advisor
    • Long & Foster Real Estate/David Pool / Real Estate Agency
    • Visiting Angels / Home Health Care Service / Assisted Living Facility

    Property Details for 19833 Leitersburg Pike

    Year built
    1951
    Lot size
    3.44 lot acres
    Zone code
    BG
    Property type
    Office buildings
    APN
    09-007695
    APU
    9007695

    Description

    This exceptional value-add investment opportunity presents a 22,470 square foot multi-tenant office and flex building situated on a 3.44-acre lot in Hagerstown, Maryland. The property, located at 19833 Leitersburg Pike, zip code 21742, boasts a 95% occupancy rate, providing immediate cash flow. The building is zoned BG and offers significant potential for further value enhancement. Recent improvements include a new roof, HVAC system upgrades, and parking lot repairs and resurfacing, minimizing immediate capital expenditure needs. The flexible space caters to a variety of business needs, making it an attractive option for diverse tenants. The substantial lot size presents additional development opportunities, allowing for expansion or the addition of complementary structures. This property represents a stable investment with strong potential for future growth and return. The building's prime location in Hagerstown, Washington County, MD offers easy access to major transportation routes and a thriving local economy. This is a rare opportunity to acquire a well-maintained, high-occupancy commercial property with significant upside potential. Serious inquiries are encouraged.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,000,000
      ML approach
      $2,000,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,492,000
      Market price range: $1.46M - $7.42M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.6777
    Latitude
    39.6803
    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
    $17,700
    $412,000
    $1,289,900
    $1,701,900
    -
    $412,000
    $1,289,900
    $1,701,900
    More about this property
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