Property profile

240 Frederick St Hagerstown, MD 21740

OFF-MARKET
Medical Office Space
Property ID
US40-1261083
1,210 SF 0.14 ac lot Built 1986
Individually Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1986
Construction BRICK
Total area 1,210 SF
Lot 0.14 ac (6,000 SF)
Zoning code RO
APN 17-004018
UPID US40-1261083

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician

Location

240 Frederick St Hagerstown, MD 21740-6100
Hagerstown metro Census 700 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2021
Last sale
$140,000
3 recorded transactions
2021
$140,000
2016
Price N/A
2010
Price N/A

Zoning & alternative use

RO · Hagerstown, MD
Zoning description

RO - Residential Office. Relatively high density residential with some office mixed-in district. Usually an area with large old homes converted to apartments or offices (e.g., N. Potomac Street north of Church Street, Ki…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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