Insurance Way Hagerstown, MD $ 950,000
Insurance Way
$ 950,000
New Construction
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Insurance Way

Hagerstown, MD, 21740
$ 950,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,927

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Commercial Property for sale in Hagerstown, MD

for $950,000. The lot size is 22.01.

22 acres of prime commercial real estate, a stones throw from I-81! Zoned POM with a new text overlay to allow for wider usage. 6 acres bordering Insurance Way are developable, with the remaining buffer of 16 acres comprised of forest easements and designated flood plain. All major utilities are available to the site. Potential for further subdivision. Property borders I81 for potential signage and visibility. Buyers to confirm property is still in the designated Enterprise Zone which includes potential economic development incentives and tax credits for qualifying businesses.

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Commercial Active

Price

$ 950,000

Property Type

Commercial

Taxes

$ 17,644

Style

Lot Size

22.01

Town/City

Hagerstown

County/Region

Washington

MLS | Web ID

MDWA2028406

Features
Interior
Heating Fuel None
Hot Water None
Central Air Y/N N
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General
Sewer Public Hook/Up Avail
Heating None
Cooling None
Utilities Electric Available
Possession Immediate
Zoning POM
Construction Materials Other
Property Subtype Land for Commercial Use
Tax Year 2024
Ownership Fee Simple
Cool Fuel None
Municipality Hagerstown
Business Type Other
Accessibility None
County WASHINGTON
New Construction Y
Property Type Commercial Sale
Possible Use Commercial Development Investment Land/Lot Only Mixed Use Office Professional Service Restaurant Other
Water Access Y/N N
Status ACTIVE
Directions W. Washington Street to Insurance Way. Property on the left pass the Vehicle Emissions Testing Station.
City HAGERSTOWN
Lot Size Units Square Feet
Lot Size Square Feet 958756.00
Tax Annual Amount 17644.0
Construction Completed Y/N N
Vacation Rental Y/N N
Standard Status Active
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Exterior
Lot Features Backs to Trees Flood Plain Level Partly Wooded Road Frontage
Water Source Public Hook-up Available
Type of Parking None
Water View Y/N N
Building Area Total 0.00
Lot Size Acres 22.01
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 920400.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

michelle@yourtriphome.com

Email

Affordability Calculator

$7,397
Per Month
80%
20%
0%
Monthly Principal & Interest
$5,927
Monthly Property Taxes
$1,470
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2025$950,000 Listed Price

Map


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Insurance Way, Hagerstown, MD, 21740 is a Commercial Property for sale at $950,000 with a lot size of 22.01. The property's zip code is 21740 which is in Hagerstown, MD