You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $2,000,000
Office buildings

19833 Leitersburg Pike Hagerstown, MD 21742-1473

22,470 SF 3.44 ac lot Built 1951
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US40-0905528
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1951
Total area 22,470 SF
Lot 3.44 ac (149,846 SF)
Zoning code BG
APN 09-007695
UPID US40-0905528
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
  • 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.49M
Blend (final) Blend
$2.00M
Owner & transaction history
A E Sweeney Masonry INC · 1 yrs held
A E Sweeney Masonry INC
since 2024
Last sale
$2.0M
5 recorded transactions
2024
$2.0M
2024
$411,000
2024
$516,000
2017
Price N/A
1969
Price N/A
Zoning & alternative use
BG · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 19833 Leitersburg Pike?
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 →
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