806 Frederick StHagerstown, MD 21740

  • Office buildings
  • 4,660 SF
For Lease
$120/SF/YR View listing

Property Details for 806 Frederick St

Construction
BRICK
Lot size
0.40 AC
Property size (Sq ft)
4,660 SF
Zone code
CG
Property type
Office buildings
APN
17-006916
APU
17006916

Description

This exceptional 3,250-square-foot single-tenant building in Hagerstown, Maryland, presents a unique opportunity for a variety of businesses. Located at 806 Frederick Street, this one-story structure offers prominent street-level visibility and high traffic counts, ensuring maximum exposure. The property's versatile design seamlessly blends warehouse and creative office space, making it suitable for retail, storage, or office operations. The interior features a spacious display area, perfect for showcasing products or services, complemented by three generously sized offices, a welcoming reception area, and two convenient bathrooms. Additional storage space is available in the basement, providing ample room for inventory or archives. The building is equipped with individually controlled heating and central air conditioning, ensuring year-round comfort. Ample dedicated parking directly in front of the building provides easy access for employees and customers. Its prime location on Frederick Street, near various amenities, makes this property an ideal choice for businesses seeking a convenient and highly visible location in Hagerstown, MD (zip code 21740). This is a rare opportunity to secure a well-maintained, versatile space in a high-traffic area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,109,128
    6.5%
    $1,023,810
    7%
    $950,681
  • Comparable approach

    Method
    Valuation
    Relative Method
    $931,720
    Geo Method
    $931,720
  • Alternative Use

    Use
    Valuation
    Residential
    $1,269,525
    Hospitality
    $1,162,878
    Educational
    $967,501
    Medical
    $1,000,774
    Retail
    $1,505,001

Location Insight

City
Hagerstown
County
Washington
State
Maryland
Latitude
39.6255
Longitude
-77.7143
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
$2,656
-
-
$329,200
-
$105,000
$263,100
$368,100

FAQs

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