14728 Crown LnHagerstown, MD 21740

  • Retail properties
  • 9,600 SF
For Lease

Property Details for 14728 Crown Ln

Year built
1980
Lot size
3.06 AC
Property size (Sq ft)
9,600 SF
Zone code
HI
Property type
Retail properties
Property subtype
Auto shops
APN
13-009805
APU
13009805

Description

This exceptional 10,000 square foot retail space is available for lease at 14728 Crown Lane in Hagerstown, Maryland. Located in Washington County, this single-tenant property offers a significant opportunity for businesses seeking a prominent location. The building's entire 10,000 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. The property is zoned HI, offering flexibility for a variety of retail uses. The address is conveniently situated at 14728 Crown Ln, Hagerstown, MD 21740, providing easy access for customers and employees. This prime retail location presents a unique chance to establish a strong presence in a thriving community. The property's size and vacant status make it ideal for businesses requiring substantial space for operations, inventory, or display. With its strategic location and ample square footage, this property is poised for success. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property is ready for immediate occupancy. Its convenient location in Hagerstown, Maryland, offers excellent visibility and accessibility. This is a rare opportunity to secure a large, high-visibility retail space in a desirable market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,358,801
    6.5%
    $3,100,431
    7%
    $2,878,972
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,836,948
    Geo Method
    $4,836,948
  • Alternative Use

    Use
    Valuation
    Residential
    $2,615,330
    Hospitality
    $2,395,628
    Educational
    $1,993,134
    Medical
    $2,061,681
    Retail
    $3,100,431
14728 Crown Ln, Hagerstown, Maryland

Location Insight

City
Hagerstown
County
Washington
State
Maryland
Latitude
39.7206
Longitude
-77.739
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
$7,066
$153,000
$526,400
$679,400
-
$153,000
$526,400
$679,400

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