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Property profile & analytics
OFF-MARKET
Strip malls
222 Oak Rdg Dr Hagerstown, MD 21740-7858
Entity Owned
24-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-1438205
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Total area
7,204 SF
Lot
6.54 ac (284,882 SF)
Zoning code
RS-PU
APN
10-052971
UPID
US40-1438205
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
-
Sherry Scire, RE/MAX Achievers Real Estate Agency
-
One Stop Jewelry Shop (Bike/Boat/Book/etc) Store
-
South Pointe Center Business Service Center Corporate Office
-
Danielle Hamilton, RE/MAX Achievers Real Estate Agency
-
Fonda Rowe Realtor at Re/Max Achievers Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ltp LLC · 24 yrs held
Ltp LLC
since 2002
7 recorded transactions
Zoning & alternative use
RS-PU · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$44,791
Tax year 2023
Assessed value
$4,306,800
Assessed 2023
Previous assessed
$4,306,800
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$2,740,400
Assessed improvement
$1,566,400
Land market value
$2,740,400
Improvement market value
$1,566,400
Total market value
$4,306,800
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Cooling
YES
Buildings
4
Stories
1
Units
4
Total area
7,204 SF
Lot
6.54 ac (284,882 SF)
Zoning code
RS-PU
APN
10-052971
UPID
US40-1438205
Jurisdiction
WASHINGTON
Zoning & alternative use
RS-PU · Hagerstown, MD
Zoning RS-PU · permitted uses
RS-PU · 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.
Building & site characteristics
From public records
Year built
2004
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Units
4
Lot
6.54 ac
Current owner
From public records · entity-resolved
Ltp LLC
Entity
Free & Clear · 24 yrs held
Mailing address
120 E OAK RDG DR STE #100, HAGERSTOWN, MD 21740-7764
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2018
—
Ltp LLC
—
Grant Deed
related
$1,500,000 · Farmers & Merchants Tr
May 23, 2016
—
Ltp LLC
—
Deed
related
$5,100,000 · Farmers & Merchants Tr/chamber
Oct 13, 2009
—
L T P LLC
—
Deed Of Trust
related
$2,500,000 · Susquehanna Bank
Jun 24, 2002
—
Ltp LLC
Paul Crampton LLC
Grant Deed
related
—
—
—
Ltp LLC
—
Deed Of Trust
related
$500,000 · Susquehanna Bank
—
—
Ltp LLC
—
Deed Of Trust
related
$5,100,000 · Farmers & Merchants Tr/chamber
—
—
L T P LLC
—
Deed Of Trust
related
$780,000 · Susquehanna Bank
—
—
Ltp LLC
—
Deed Of Trust
related
$500,000 · Susquehanna Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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