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Entity Owned Property summary
This exceptional investment opportunity presents a 23,800 square foot, three-story brick office building situated on a 1.77-acre lot in Hagerstown, Maryland. Originally constructed in 1930 as a school, the property boasts a rich history and currently features numerous classrooms, training rooms, conference rooms, administrative offices, and a large staff lounge. A secondary 3,260 square foot metal clad building provides additional space, ideal for storage or expansion. The property includes… 101 paved parking spaces within a fully fenced area. The building is well-maintained and presents in excellent condition. Currently zoned Residential-Medium Density (RMED), the property's current office use is considered non-conforming. The asking price is $1,300,000, translating to $54.62 per square foot. This property offers significant potential for various uses, given its size, location, and existing infrastructure. The address is 530 N Locust St, Hagerstown, MD 21740. This is a rare opportunity to acquire a substantial property in a desirable location with significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 15,902 SF
- Lot area
- 1.77 ac
- Year built
- 1930
- Stories
- 2
- APN
- 22-021753
- Zoning
- RMED
- Assessed value · 2023
- $1,590,633
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of this zoning district is to provide areas for medium density residential development.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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