Property profile

38 Water St Smithsburg, MD 21783

OFF-MARKET
Medical Office Space
Property ID
US40-0610677
2,310 SF 0.43 ac lot Built 1962
Individually Owned 21-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1962
Construction BRICK
Total area 2,310 SF
Lot 0.43 ac (18,560 SF)
Zoning code TR
APN 07-013248
UPID US40-0610677

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
  • Gym & Fitness Center Alternative Medicine Practice
  • Alternative Medicine Practice Spa & Massage Center

Location

38 Water St Smithsburg, MD 21783-1604
Smithsburg metro Census 11301 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2005
3 recorded transactions
2005
$192,000
2004
$64,929
1969
Price N/A

Zoning & alternative use

TR · Smithsburg, MD
Zoning description

ning districts. § 405-13 Table of Use Regulations. § 405-8 Establishment of districts; Zoning Map. A. For the purpose of this chapter, zoning districts are hereby established as follows: SR Suburban Residential District…

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 38 Water St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message