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Property profile & analytics
OFF-MARKET
Estimated value
$3,600,000
Medical Office Space
324 Antietam St, Hagerstown, MD 21740-5754
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US40-1537854
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Construction
BRICK
Total area
56,667 SF
Lot
4.41 ac (192,100 SF)
Zoning code
POM
APN
17-008110
UPID
US40-1537854
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
-
Aryeh L. Herrera, MD; Allegheny Plastic Surgery; Herrera Health Services Physician Medical Clinic
-
Aryeh L Herrera MD ~ Allegheny Plastic Surgery Physician Medical Clinic
-
Potomac Community Svcs - Washington County Crisis Center Medical Clinic
-
Shahab Zaman Siddiqui Physician
-
Dr. Sheila A. Shranatan, DO Alternative Medicine Practice Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.60M
Blend (final)
Blend
$3.60M
Owner & transaction history
Pcms Real Estate LLC · 8 yrs held
Pcms Real Estate LLC
since 2017
5 recorded transactions
Zoning & alternative use
POM · 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
Blend value · Realmo final
$3.60M
Range $3.24M – $3.96M · ±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
$64 / 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
$35,330
Tax year 2023
Assessed value
$3,861,233
Assessed 2023
Previous assessed
$3,858,900
+0.1% YoY
Effective rate
0.91%
On assessed value
Land market value
$1,152,600
Improvement market value
$2,713,300
Total market value
$3,865,900
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
56,667 SF
Lot
4.41 ac (192,100 SF)
Zoning code
POM
APN
17-008110
UPID
US40-1537854
Jurisdiction
WASHINGTON
Zoning & alternative use
POM · Hagerstown, MD
Zoning POM · permitted uses
POM · 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
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
4.41 ac
Current owner
From public records · entity-resolved
Pcms Real Estate LLC
Entity
Mailing address
324 E ANTIETAM ST STE #301, HAGERSTOWN, MD 21740-5768
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2023
—
Pcms Real Estate LLC
—
Deed
related
$2,600,000 · Middletown Valley Bank
Sep 6, 2017
$4,100,000
Pcms Real Estate LLC
Capital T Partners II LLC
Deed
$4,200,000 · First United Bank & Trust
Oct 2, 2007
$5,200,000
Capital T Ptrs Props II LLC
Volare Holdings LLC
Grant Deed
related
$4,240,000 · First United Bank
Feb 17, 2005
—
Volare Holdings LLC
Rwd Realty
Grant Deed
related
—
—
—
Volare Holdings LLC
—
Deed Of Trust
related
$1,930,690 · 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.
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