410 Burhans Blvd, Hagerstown, MD 21740-3760
This exceptional 2.7-acre industrial property in Hagerstown, Maryland, presents a rare opportunity. Located at 410 N Burhans Blvd, this flex space boasts a substantial building currently configured as a truck repair and shop facility, complete with office space. The expansive lot features a concreted surface perfect for outdoor storage of heavy equipment, trucks, or inventory, potentially even for commercial mini-storage units. The property benefits from a prime location on a busy three-lane road with two convenient entrances, offering excellent visibility and accessibility. A secondary block outbuilding adds to the versatility of this offering. Zoned "IR" (Industrial Restricted), the property includes a deed restriction against concrete/gravel plant use for 25 years. The location is highly advantageous, situated in downtown Hagerstown with easy access to I-81 and I-70, approximately one hour from the Baltimore-Washington Beltway. Additional income is generated from two existing billboards. The property is also conveniently located within 15 minutes of a local airport and approximately 1.5 hours from three international airports. Note that former concrete plant equipment is included "as is, where is". Asking price is $589,500.
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Thomas Bennett & Hunter Inc Building Supply
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IR · Hagerstown, MDHagerstown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.