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Property profile & analytics
OFF-MARKET
Estimated value
$295,000
Investment properties
20 Franklin St Hagerstown, MD 21740-4840
Trust Owned
7-yr Hold
~
Est. High Equity
Property ID
US40-0686297
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Construction
BRICK
Total area
8,400 SF
Lot
0.08 ac (3,690 SF)
Zoning code
CCMU
APN
25-009509
UPID
US40-0686297
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$534k
Blend (final)
Blend
$295k
Owner & transaction history
La Mejor,tienda Internacion Trust · 7 yrs held
La Mejor,tienda Internacion Trust
since 2019
7 recorded transactions
Zoning & alternative use
CCMU · 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
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
COMMERCIAL (GENERAL)
$1,060,000
Current use
Blend value · Realmo final
$295k
Range $266k – $325k · ±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
$35 / 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
$2,207
Tax year 2023
Assessed value
$241,233
Assessed 2023
Previous assessed
$241,100
+0.1% YoY
Effective rate
0.91%
On assessed value
Land market value
$50,000
Improvement market value
$191,500
Total market value
$241,500
Applied tax rate
30.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Construction
BRICK
Heating
BASEBOARD
Cooling
YES
Stories
3
Units
9
Total area
8,400 SF
Lot
0.08 ac (3,690 SF)
Zoning code
CCMU
APN
25-009509
UPID
US40-0686297
Jurisdiction
WASHINGTON
Zoning & alternative use
CCMU · Hagerstown, MDZoning CCMU · permitted uses
CCMU · Hagerstown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
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
Construction
BRICK
Heating
BASEBOARD
Cooling
Yes
Stories
3
Units
9
Lot
0.08 ac
Current owner
From public records · entity-resolved
La Mejor,tienda Internacion Trust
Trust
Mailing address
19813 LEITERSBURG PIKE STE #306, HAGERSTOWN, MD 21742-1445
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2025
—
La Mejor Tienda Internacional Hager
—
Deed
related
$550,000 · Patriot FCU
Jul 13, 2021
—
La Mejor Tienda Internacional Hager
—
Deed
related
$203,000 · Bank Of Clarke County
Jul 9, 2019
—
La Mejor,tienda Internacion Trust
Hagerstown Frankl 20 W Trust
Warranty Deed
—
Feb 17, 2017
—
Hagerstown,franklin 20 West Trust
Franklin Project LLC
Quit Claim Deed
—
Jun 21, 2016
—
Franklin Project LLC
—
Deed
related
$245,000 · Revere Bk
May 5, 2016
$250,000
Franklin Project LLC
Nguyen Quan T Trust
Grant Deed
—
Aug 2, 2012
—
Nguyen Quan T Trust
Nguyen Ange H T
Quit Claim Deed
related
—
Jun 28, 2002
$170,000
Ange H Nguyen
Beachley Furniture Co INC
Grant Deed
—
—
—
Franklin Project LLC
—
Deed Of Trust
related
$245,000 · Revere Bk
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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