Property profile

701 1st St Hagerstown, MD 21740

OFF-MARKET
Medical Office Space
Property ID
US40-0913485
6,304 SF 0.99 ac lot Built 1975
Individually Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1975
Construction BRICK
Total area 6,304 SF
Lot 0.99 ac (43,296 SF)
Zoning code POM
APN 17-000624
UPID US40-0913485

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
  • Adult Day Care

Location

701 1st St Hagerstown, MD 21740-6405
Hagerstown metro Census 602 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
$455k

Owner & transaction history

since 2020
5 recorded transactions
2020
Price N/A
2020
$450,000
2012
$362,431
1969
Price N/A
1969
Price N/A

Zoning & alternative use

POM · Hagerstown, MD
Zoning description

POM - Professional Office Mixed-Use. It is mainly an office park area with limited retail and restaurants permitted (e.g., Light Business Park, MKS Business Park, Florida Avenue, Mill Street, E. Antietam east of Cannon,…

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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