133 Burhans BlvdHagerstown, MD 21740

For Sale
$1,100,000 View listing
  • Warehouses
  • 16,428 SF

Property Details for 133 Burhans Blvd

Year built
1900
Construction
BRICK
Lot size
1.01 AC
Property size (Sq ft)
16,428 SF
Zone code
IR
Property type
Warehouses
APN
03-001962
APU
3001962

Description

This exceptional 21,804 square foot industrial building in Hagerstown, MD, presents a remarkable investment opportunity. Situated on a 1.01-acre lot, this four-story, all-brick structure boasts two loading docks, a new HVAC system, updated water heaters and windows, and fresh paint throughout. The building features 36"+ wide hallways, a new elevator (currently under construction), exterior cameras, a main entrance lock, monitored security, motion detectors, smoke detectors, and an indoor sprinkler system, ensuring safety and accessibility. The third floor offers impressive 26.5-foot ceiling heights, shared restrooms, and water fountains. The property includes 16,000+ square feet of finished, fully rented space, plus additional build-out ready areas, promising significant rental income potential. Additional amenities include a new fire escape, overhead doors, conveyors, fencing, and blacktop. Zoned for industrial use, this versatile property is ideal for storage, warehousing, light industrial operations, or office space. Its location offers convenient access to major transportation routes, including an airport less than 10 miles away and a bus stop within one mile. Strategically positioned near the new Amazon Fulfillment Center and other key commercial hubs, this property offers unparalleled access to major retail and distribution networks. The asking price is $1,100,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,475,483
    Hospitality
    $4,099,518
    Educational
    $3,410,751
    Medical
    $3,528,052
    Retail
    $5,305,613
133 Burhans Blvd, Hagerstown, Maryland

Location Insight

City
Hagerstown
County
Washington
State
Maryland
Latitude
39.6447
Longitude
-77.7294
CBSA code
25180
CBSA name
HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,465
-
-
$378,733
-
$109,900
$269,300
$379,200

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