Back to Search
Property profile & analytics
OFF-MARKET
Retail space
5 Nottingham Rd Hagerstown, MD 21740-5205
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US40-0023738
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Construction
BRICK
Total area
2,896 SF
Lot
0.15 ac (6,600 SF)
Zoning code
CG
APN
25-019237
UPID
US40-0023738
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Regenerate Float Center Gym & Fitness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hagerstown Health Spa LLC · 7 yrs held
Hagerstown Health Spa LLC
since 2018
7 recorded transactions
Zoning & alternative use
CG · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hagerstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hagerstown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,646
Tax year 2023
Assessed value
$179,900
Assessed 2023
Previous assessed
$179,800
+0.1% YoY
Effective rate
0.91%
On assessed value
Land market value
$47,400
Improvement market value
$132,700
Total market value
$180,100
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1967
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
2,896 SF
Lot
0.15 ac (6,600 SF)
Zoning code
CG
APN
25-019237
UPID
US40-0023738
Jurisdiction
WASHINGTON
Zoning & alternative use
CG · Hagerstown, MD
Zoning CG · permitted uses
CG · Hagerstown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hagerstown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Hagerstown Health Spa LLC
Entity
Mailing address
311 N CANNON AVE, HAGERSTOWN, MD 21740-4017
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2018
—
Hagerstown Health Spa LLC
—
Deed
related
$186,400 · Miscellaneous Govt Agcy
Nov 30, 2018
$113,000
Hagerstown Health Spa LLC
Alice F Cody
Deed
$235,000 · M & T Bank
Mar 29, 2017
$100,000
Alice F Cody
Cool,michael S
Grant Deed
—
Oct 6, 2015
$45,000
Michael S Cool
Orrstown Bk
Grant Deed
—
Mar 3, 2015
$20,000
Orrstown Bk
Wilburn Frances C|thompson Ruth A
Trustees Deed
related
—
Mar 28, 2006
$50,000
Ruth A Thompson
Hade,richard A
Grant Deed
—
Jul 31, 2003
$173,000
Richard C Thompson
Richards,danny W
Grant Deed
related
$133,750 · Orrstown Bank
—
—
Hagerstown Health Spa LLC
—
Deed Of Trust
related
$186,400 · Miscellaneous Govt Agcy
—
—
Ruth A Thompson
—
Deed Of Trust
related
$168,750 · Orrstown Bank
—
—
Ruth A Thompson
—
Deed Of Trust
related
$180,000 · Orrstown Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 5 Nottingham Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
