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Property profile & analytics
OFF-MARKET
Estimated value
$24,175,000
Manufacturing properties
560 Western Maryland Pkwy Hagerstown, MD 21740-5125
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-0220440
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1996
Construction
BRICK
Total area
36,000 SF
Lot
11.95 ac (520,542 SF)
Zoning code
IG
APN
03-028828
UPID
US40-0220440
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
-
Cosmo Films Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$24.18M
Owner & transaction history
Hp Md 3 LLC · 4 yrs held
Hp Md 3 LLC
since 2022
Last sale
$25.0M
7 recorded transactions
Zoning & alternative use
IG · 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
Method
Estimation
Statistic approach
$22,520,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$24.18M
Range $21.76M – $26.59M · ±10% · vs last sale $25.00M (Apr 14 2022)
Last sale anchor
$25.00M
Apr 14 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$672 / SF
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
$47,671
Tax year 2023
Assessed value
$5,209,967
Assessed 2023
Previous assessed
$4,675,600
+11.4% YoY
Effective rate
0.91%
On assessed value
Land market value
$776,700
Improvement market value
$5,502,000
Total market value
$6,278,700
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1996
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
36,000 SF
Lot
11.95 ac (520,542 SF)
Zoning code
IG
APN
03-028828
UPID
US40-0220440
Jurisdiction
WASHINGTON
Zoning & alternative use
IG · Hagerstown, MD
Zoning IG · permitted uses
IG · 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
1996
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
11.95 ac
Current owner
From public records · entity-resolved
Hp Md 3 LLC
Entity
Mailing address
11440 W BERNARDO CT STE #100, SAN DIEGO, CA 92127-1642
Ownership since
2022
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
Apr 14, 2022
$25,000,000
Hp Md 3 LLC
Beaver Creek Farming LLC
Special Warranty Deed
—
Jun 17, 2021
—
Beaver Creek Farming LLC
—
Deed
related
$11,100,000 · Cfg Community Bank
Nov 17, 2020
—
Beaver Creek Farming LLC
—
Deed
related
$2,170,000 · Private Individual
Dec 10, 2018
$3,100,000
Beaver Creek Farming LLC
Cosmo Films INC
Grant Deed
$2,170,000 · Private Individual
Oct 26, 2017
—
Cosmo Films INC
—
Deed
related
$2,640,000 · Cooperatieve Rabobank Ua
Mar 31, 2010
—
Cosmo Films INC
—
Deed Of Trust
related
$4,500,000 · State Bank Of India
Jun 29, 2009
$2,000,000
Cosmo Films INC
General Binding Corp
Grant Deed
—
—
—
General Binding Corp
—
Deed Of Trust
related
$2,200,000 · Citicorp North America
—
—
Cosmo Films INC
—
Deed Of Trust
related
$2,640,000 · Cooperatieve Rabobank Ua
—
—
Beaver Creek Farming LLC
—
Loan Modification
related
$2,170,000 · Private Individual
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.
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