1710 Underpass WayHagerstown, MD 21740

  • Office properties
  • 73,920 SF
For Lease

Property Details for 1710 Underpass Way

Year built
1980
Construction
BRICK
Lot size
2.99 AC
Property size (Sq ft)
73,920 SF
Zone code
BG
Property type
Office properties
Property subtype
Office buildings
APN
26-021421
APU
26021421

Description

1710 Underpass offers exceptional office space in a prime location. This multi-tenant building boasts a total of 70,043 square feet, situated on 3 acres of land. Currently, there are three available office spaces ranging in size from 3,656 to 19,243 square feet, providing flexibility for businesses of various scales. The building features convenient amenities designed to enhance productivity and security, including a 24-hour access system and a comprehensive security system for peace of mind. Climate control is ensured with a building-wide air conditioning system. Ample parking is available with 300 spaces provided for tenants and their guests. The building's design caters to both executive office needs and traditional office layouts, offering a versatile solution for a range of business requirements. This property presents a unique opportunity to establish a presence in a well-maintained and strategically located building, offering a blend of modern amenities and functional workspace. The available spaces provide the potential for immediate occupancy, allowing businesses to quickly establish their operations. The combination of size, amenities, and parking makes 1710 Underpass an attractive option for companies seeking a high-quality office environment. Inquire today to learn more about the available spaces and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,593,718
    6.5%
    $16,240,355
    7%
    $15,080,329
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,779,565
    Geo Method
    $14,779,565
  • Alternative Use

    Use
    Valuation
    Residential
    $20,138,040
    Hospitality
    $18,446,336
    Educational
    $15,347,135
    Medical
    $15,874,947
    Retail
    $23,873,322
1710 Underpass Way, Hagerstown, Maryland

Location Insight

City
Hagerstown
County
Washington
State
Maryland
Latitude
39.6294
Longitude
-77.7691
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
$79,735
$1,942,200
$5,724,600
$7,666,800
-
$1,942,200
$5,724,600
$7,666,800

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].