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Property profile & analytics
OFF-MARKET
Estimated value
$2,440,000
Warehouses
9411 Earley Dr Hagerstown, MD 21740-1738
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-0335782
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
BRICK
Total area
31,692 SF
Lot
6.6 ac (287,496 SF)
Zoning code
IG
APN
10-022584
UPID
US40-0335782
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
-
HK Engine Components LLC Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.36M
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$2.44M
Owner & transaction history
Conservit INC · 4 yrs held
Conservit INC
since 2021
Last sale
$2.4M
3 recorded transactions
Zoning & alternative use
IG · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.0M
+86.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,640,000
6.5%
$3,360,000
7%
$3,120,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,135,000
Current use
COMMERCIAL (GENERAL)
$3,990,000
Change: +87% · Conversion: Difficult
Blend value · Realmo final
$2.44M
Range $2.20M – $2.68M · ±10% · vs last sale $2.36M (Sep 27 2021)
Last sale anchor
$2.36M
Sep 27 2021
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
$77 / 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
$19,247
Tax year 2023
Assessed value
$1,850,700
Assessed 2023
Previous assessed
$1,664,900
+11.2% YoY
Effective rate
1.04%
On assessed value
Land market value
$448,800
Improvement market value
$1,587,700
Total market value
$2,036,500
Applied tax rate
10.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
31,692 SF
Lot
6.6 ac (287,496 SF)
Zoning code
IG
APN
10-022584
UPID
US40-0335782
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$4.0M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
6.6 ac
Current owner
From public records · entity-resolved
Conservit INC
Entity
Mailing address
PO BOX 1517, HAGERSTOWN, MD 21741-1517
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2021
$2,360,000
Conservit INC
Hkm Properties Company
Deed
$2,360,000 · M & T Bank
Jun 7, 2000
$876,296
Hkm Properties Co
Talley,john E & Carolyn C
Grant Deed
$761,138 · Seller
—
—
Hkm Properties Co
—
Deed Of Trust
related
$250,000 · Hagerstown Trust Co
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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