Property profile

334 Burhans Blvd Hagerstown, MD 21740

OFF-MARKET
Other individual retail properties
Property ID
US40-2374234
1,012 SF 0.12 ac lot Built 1973
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

A detached commercial building located just outside the Downtown Hagerstown corridor, configured with more than 1,000 sq ft of retail or office space. The property sits on a 0.12-acre lot and includes ample on-site parking. It has undergone extensive upgrades, including a replaced roof, new plumbing, and newly installed electrical systems; the electrical permit closeout process is still underway. The building is positioned along a well-traveled road, providing easy vehicular access and street visibility, with proximity to downtown Hagerstown. The layout is suitable for a range of owner-user or tenant uses, including retail, office, boutique, studio, or service-based businesses, subject to verification of zoning for intended use.

Property profile

Verified
Property type Other individual retail properties
Use group LAUNDROMAT (SELF-SERVICE)
Year built 1973
Construction BRICK
Total area 1,012 SF
Lot 0.12 ac (5,200 SF)
Zoning code CG
APN 03-017893
UPID US40-2374234

Cap rate & NOI

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

Location

334 Burhans Blvd Hagerstown, MD 21740-5339
Hagerstown metro Census 900 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2026
6 recorded transactions
2026
$120,000
2025
$45,000
2021
$45,000
2021
Price N/A
2012
Price N/A
2004
$46,500

Zoning & alternative use

CG · Hagerstown, MD
Zoning description

The purpose of this zoning district is to provide locations for businesses of a general nature to serve the community.

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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