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Property profile & analytics
OFF-MARKET Estimated value $150,000
Investment properties

315 Cleveland Ave Hagerstown, MD 21740-4111

4,920 SF 0.18 ac lot Built 1965
Individually Owned 25-yr Hold ~ Est. High Equity
Property ID
US40-0320538
Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1965
Construction BRICK
Total area 4,920 SF
Lot 0.18 ac (7,680 SF)
Zoning code CL
APN 22-009648
UPID US40-0320538
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
  • Guitar Room, The (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k
Owner & transaction history
Robert C Schoppert · 25 yrs held
Robert C Schoppert
since 2000
1 recorded transaction
2000
$140,000
Zoning & alternative use
CL · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CL - Commercial Local. Low intensity neighborhood commercial area (e.g., corner of Cleveland and Jefferson, south side of Washington Square, west side of Pennsylvania Avenue below cemetery, etc.). CG - Commercial General. It allows all types of commercial uses except big box retail (e.g., Dual Highway, Eastern Boulevard, Best Buy shopping center, South End s…

Zone name Commercial Local
General category COMMERCIAL
Zone area 27.44 ac
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