Financial
Distress signals
Property profile

351 S Potomac St Hagerstown, MD 21740

FOR SALE
Other investment properties
Property ID
US40-1123739
10,626 SF 1.14 ac lot Built 1900
Last sale Jun 2022 · $351,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a warehouse space configured for dry storage, offering approximately 2,500 square feet of interior area. It has concrete flooring and a ceiling height of about 9 feet. The layout includes a rear entrance with a ramp for access, and the space is served with included utilities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$335k
Assessed land$90k
Assessed improvement$246k
Effective rate0.92%

Value estimate

· Sep 2026
$340k
$306k – $374k
AI approach$335k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$126/SF
ZIP average, outlier-cleaned · 106 recorded sales of this use type
Observed band · Q1–Q3$64 – $203

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IR
IR - Industrial Restricted. It allows offices and less intense manufacturing and warehousing. It is usually located adjacent to residenti...
General categoryINDUSTRIAL
JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.9
Dry Cleaner9.3
Smoke and Vape Shop9.3

Location

351 S Potomac St Hagerstown, MD 21740
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
141 Antietam, Hagerstown, MD 21740-5601 $525,000 Jun 2025 8,561 SF
245 Potomac, Hagerstown, MD 21740-3809 $700,000 Jun 2024 10,294 SF
412 Potomac, Hagerstown, MD 21740-3958 $550,000 Jun 2024 4,466 SF
201 Washington, Hagerstown, MD 21740-5971 $800,000 Apr 2024 4,234 SF
101 En, Hagerstown, MD 21740-4007 $420,000 Mar 2024 5,673 SF
51 Potomac, Hagerstown, MD 21740-5512 $500,000 Feb 2024 4,512 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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