Property profile

806 Frederick St Hagerstown, MD 21740

OFF-MARKET
Office buildings
Property ID
US40-2402208
4,660 SF 0.4 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,250-square-foot single-tenant building in Hagerstown, Maryland, presents a unique opportunity for a variety of businesses. Located at 806 Frederick Street, this one-story structure offers prominent street-level visibility and high traffic counts, ensuring maximum exposure. The property's versatile design seamlessly blends warehouse and creative office space, making it suitable for retail, storage, or office operations. The interior features a spacious display area, perfect for showcasing products or services, complemented by three generously sized offices, a welcoming reception area, and two convenient bathrooms. Additional storage space is available in the basement, providing ample room for inventory or archives. The building is equipped with individually controlled heating and central air conditioning, ensuring year-round comfort. Ample dedicated parking directly in front of the building provides easy access for employees and customers. Its prime location on Frederick Street, near various amenities, makes this property an ideal choice for businesses seeking a convenient and highly visible location in Hagerstown, MD (zip code 21740). This is a rare opportunity to secure a well-maintained, versatile space in a high-traffic area.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Construction BRICK
Total area 4,660 SF
Lot 0.4 ac (17,500 SF)
Zoning code CG
APN 17-006916
UPID US40-2402208

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
  • Arcade & Gaming Center Sports Field & Court

Location

806 Frederick St Hagerstown, MD 21740-6858
Hagerstown metro Census 602 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.63M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.63M

Owner & transaction history

since 2024
Last sale
$1.6M
2 recorded transactions
2024
$1.6M
2007
$600,000

Zoning & alternative use

CG · Hagerstown, MD
Zoning description

The purpose of this zoning district is to provide locations for businesses of a general nature to serve the community.

General category COMMERCIAL

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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