Property profile

410 Burhans Blvd Hagerstown, MD 21740

OFF-MARKET
Auto shops
Property ID
US40-0868565
2,568 SF 2.7 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Construction BRICK
Total area 2,568 SF
Lot 2.7 ac (117,612 SF)
Zoning code IR
APN 25-025229
UPID US40-0868565

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
  • Building Supply

Location

410 Burhans Blvd Hagerstown, MD 21740-3760
Hagerstown metro Census 400 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2025
Last sale
$540,000
1 recorded transaction
2025
$540,000

Zoning & alternative use

IR · Hagerstown, MD
Zoning description

IR - Industrial Restricted. It allows offices and less intense manufacturing and warehousing. It is usually located adjacent to residential (e.g., Lee and Sycamore Street area, N. Prospect Street, Prospect Avenue, MD 58…

General category INDUSTRIAL

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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