Hagerstown, MD
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    Hagerstown, MD Schools for Sale

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    Funkstown, MD Maugansville, MD Fairplay, MD
    Former School Building For Sale
    $1,299,999

    Former School Building For Sale

    535 Summit Ave, Hagerstown, MD 21740

    25,029 SF former school building with adaptive re-use potential.

    • 25,029 SF former school building on 2.67 acres suitable for adaptive re‑use.
    • Ideal for daycare or charter school with minimal renovation needed.
    • Conceptual plans included for conversion to a boutique hotel with 29 rooms, spa, and restaurant.
    • Large parking lot with 77 spaces.
    • Central location: across from Hagerstown City Park, near Meritus Park stadium and Hagerstown Premium Outlets.
    Updated: May 21, 2025
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    Educational Campus with Income Potential
    $3,300,000
    54,288 SF

    Educational Campus with Income Potential

    Crestwood Dr, Hagerstown, MD 21742

    7.28-acre campus with multiple buildings and income potential.

    • 7.28 acre campus with three buildings ideal for educational institutions or investors.
    • 25,688 sq ft admin/classroom building recently renovated in 2021.
    • 13,900 sq ft training/office building currently leased with lease option until 2028.
    • Dormitory/apartment building with potential for conversion to traditional apartments and increased rental income.
    • Below‑market seller financing available to qualified buyer.
    Updated: Jan 19, 2024
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Hagerstown, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Premier Institutional Church Property Available
    $14,995,000

    Premier Institutional Church Property Available

    Rare opportunity: architectural presence, scale, visibility, parking, prime location.

    5144 MASSACHUSETTS Ave, Bethesda, MD 20816
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    Premier Institutional Church Property Available
    $14,995,000
    1.90 Acres

    Premier Institutional Church Property Available

    Rare opportunity: prominent church property in prime Bethesda location.

    5144 Massachusetts Ave, Bethesda, MD 20816
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    Takoma Park Redevelopment Opportunity
    $12,500,000

    Takoma Park Redevelopment Opportunity

    2.82-acre property in Takoma Park near DC line.

    117 Elm Ave, Takoma Park, MD 20912
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    Expansive Land Parcel in Takoma Park
    $12,500,000

    Expansive Land Parcel in Takoma Park

    2.82-acre property ideal for redevelopment in a desirable location.

    117 Elm Ave, Takoma Park, MD 20912
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vineland Land with Development Potential
    $125,000
    4.85 Acres

    Vineland Land with Development Potential

    4.85 acre Vineland land parcel with flexible zoning.

    57 W CHESTNUT AVENUE, Vineland, NJ 08360
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    Evesham Road Development Opportunity
    $1,900,000
    3.79 Acres

    Evesham Road Development Opportunity

    Development-ready +/-3.79-acre site on Evesham Road corridor.

    850 East Evesham Road, Cherry Hill, NJ 8003
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    Oversized Lot in Toms River
    $360,000
    2.28 Acres

    Oversized Lot in Toms River

    Flat, dry, unrestricted land near North Ocean County.

    819 Oak Avenue, Toms River, NJ 08753
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    Unrestricted Land in Toms River
    $360,000

    Unrestricted Land in Toms River

    Oversized, flat, and dry land suitable for various development projects.

    823 Oak Avenue, Toms River, NJ 08753
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    Off-Market Properties in Hagerstown, MD

    Consider similar Off-Market properties in Hagerstown, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1019 Washington St

    1019 Washington St

    Schools • 35,000 SF
    Value Estimation by Request
    1019 Washington St, Hagerstown, MD 21740
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    Crestwood Dr

    Crestwood Dr

    Schools • 54,288 SF
    Value Estimation by Request
    0 Crestwood Dr, Hagerstown, MD 21742
    View details

    Hagerstown, MD Schools Investment Opportunities Market Analysis

    Explore 4 schools for sale in Hagerstown, MD on our real estate platform. These investment opportunities span a total of 54,288 square feet of properties for sale, with an estimated market value of $3,300,000.

    Sale prices for school buildings & campuses in Hagerstown, MD start at $3,300,000, averaging $3,300,000, and reaching up to $3,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Schools 3
    1031 exchange properties 2
    Aviation real estate 1
    Day care centers 1
    Wedding venues 1

    Property Size Breakdown

    The majority of commercial real estate listings in Hagerstown fall within the 100,000+ square foot range.

    Demographics Overview

    Population 101K
    Population Growth (5Y) +4.0%
    Median Household Income $66,959
    College Educated 10.5%

    High-Yield Neighborhoods for Strategic Investment

    Identify Hagerstown submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    21740 $1.3M
    21742 $3.3M

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $18.55 per sq ft
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

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