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Hagerstown, MD Schools for Sale

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Funkstown, MD Fairplay, MD Greencastle, PA
Former School Building For Sale
Updated: May 21, 2025
Former School Building For Sale

535 Summit Ave, Hagerstown, MD 21740

$1,299,999
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.
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Educational Campus with Income Potential
Updated: Jan 19, 2024
Educational Campus with Income Potential

Crestwood Dr, Hagerstown, MD 21742

$3,300,000
54,288 sqft · 7.28 AC lot
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.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
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.

Religious and Educational Facility
Religious and Educational Facility

4900 Edmondson Ave, Baltimore, MD 21229

$1,799,000
40,160 sqft · 1.69 AC lot

Five-section church and school complex on a high-traffic corner, zoned for primary and secondary education, with paved parking.

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Income-Producing Day Care School Facility
Income-Producing Day Care School Facility

1920 Good Hope Road, Enola, PA 17025

$5,400,000

Fully occupied facility combining a school and adult day care center in Hampden Township.

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Religious and Educational Facility
Religious and Educational Facility

4900 Edmondson Ave, BALTIMORE, Baltimore, MD 21229

$1,799,000
1.69 AC lot

Religious and educational complex with sanctuary, school, and parish center.

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Enola Office Buildings For Sale
Enola Office Buildings For Sale

123 N Enola Dr, Enola, PA 17025

$1,999,000
42,360 sqft

Two office buildings totaling 42,360 SF near major routes.

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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.

Buildable Lots and Restored Church
Buildable Lots and Restored Church

22ND Street NE, Washington, DC 20018

$2,100,000
20,000 sqft · 0.46 AC lot

Three buildable lots plus a restored church for sale.

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Versatile Land Parcel with Homes
Versatile Land Parcel with Homes

2956 FRAZER ROAD, Newark, DE 19702

$896,900
13.49 AC lot

13.49 acres with homes, offering diverse development options.

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Vineland Land with Development Potential
Vineland Land with Development Potential

57 W CHESTNUT AVENUE, Vineland, NJ 08360

$125,000
4.85 AC lot

4.85 acre Vineland land parcel with flexible zoning.

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Evesham Road Development Opportunity
Evesham Road Development Opportunity

850 East Evesham Road, Cherry Hill, NJ 8003

$1,900,000
3.79 AC lot

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

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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
Schools

1019 Washington St, Hagerstown, MD 21740

Value Estimation by Request
35,000 sqft
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Crestwood Dr
Schools

0 Crestwood Dr, Hagerstown, MD 21742

Value Estimation by Request
54,288 sqft
View details

Hagerstown, MD Schools Market Trends and Statistics

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

Commercial property segments ranked by active listings on the market

Schools 3
1031 exchange properties 1
Aviation real estate 1
Day care centers 1
NNN properties 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Hagerstown submarkets with the highest inventory density on the market and evaluate the average 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 SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Washington County

Residential Income

Property Size Breakdown

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

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