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Property profile & analytics
OFF-MARKET
Retail space
718 Washington St Hagerstown, MD 21740-5314
Entity Owned
11-yr Hold
Free & Clear
Property ID
US40-1101403
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Construction
BRICK
Total area
6,480 SF
Lot
0.15 ac (6,720 SF)
Zoning code
RMED
APN
25-005295
UPID
US40-1101403
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
-
Washington County Trading Company Home Decor Store (Bike/Boat/Book/etc) Store
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
718 West Wash LLC · 11 yrs held
718 West Wash LLC
since 2015
2 recorded transactions
Zoning & alternative use
RMED · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this zoning district is to provide areas for medium density residential development.
Zone name
Residential Medium Density
General category
RESIDENTIAL
Zone area
1,050.66 ac
Source
Realmo
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
$791
Tax year 2023
Assessed value
$86,467
Assessed 2023
Previous assessed
$86,400
+0.1% YoY
Effective rate
0.91%
On assessed value
Land market value
$41,700
Improvement market value
$44,900
Total market value
$86,600
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
Construction
BRICK
Heating
FORCED AIR
Stories
3
Units
1
Total area
6,480 SF
Lot
0.15 ac (6,720 SF)
Zoning code
RMED
APN
25-005295
UPID
US40-1101403
Jurisdiction
WASHINGTON
Zoning & alternative use
RMED · Hagerstown, MDZoning RMED · permitted uses
RMED · Hagerstown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this zoning district is to provide areas for medium density residential development.
Zone name
Residential Medium Density
General category
RESIDENTIAL
Zone area
1,050.66 ac
Source
Realmo
Building & site characteristics
From public records
Construction
BRICK
Heating
FORCED AIR
Stories
3
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
718 West Wash LLC
Entity
Free & Clear · 11 yrs held
Mailing address
718 W WASHINGTON ST, HAGERSTOWN, MD 21740-5314
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2015
$115,000
718 West Wash LLC
Friedland,barry
Grant Deed
—
May 15, 2013
$95,000
Barry Friedland
L H Corderman & Son INC
Grant Deed
$76,000 · Columbia 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.
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