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Property profile & analytics
OFF-MARKET Estimated value $240,000
Investment properties

607 Washington St Hagerstown, MD 21740-5372

15,690 SF 0.14 ac lot Built 1900
Entity Owned 27-yr Hold ~ Est. High Equity
Property ID
US40-0188393
Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction BRICK
Total area 15,690 SF
Lot 0.14 ac (5,954 SF)
Zoning code CL
APN 03-017346
UPID US40-0188393
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
  • Auto Dealership Building Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$997k
Blend (final) Blend
$240k
Owner & transaction history
Olde Towne Dev LLC Co · 27 yrs held
Olde Towne Dev LLC Co
since 1999
3 recorded transactions
1999
$93,500
1998
$155,000
1969
Price N/A
Zoning & alternative use
CL · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CL - Commercial Local. Low intensity neighborhood commercial area (e.g., corner of Cleveland and Jefferson, south side of Washington Square, west side of Pennsylvania Avenue below cemetery, etc.). CG - Commercial General. It allows all types of commercial uses except big box retail (e.g., Dual Highway, Eastern Boulevard, Best Buy shopping center, South End s…

Zone name Commercial Local
General category COMMERCIAL
Zone area 27.44 ac
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