Hagerstown, MD 21740 Insurance Way

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Presented By: Long & Foster Real Estate, Inc.
  • MLS# MDWA2028406
  • 04/24/2025
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Home Details

22 acres of prime commercial real estate, a stones throw from I-81! Zoned POM but currently securing a 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.
Presented By: Long & Foster Real Estate, Inc.

Interior Features for Insurance Way

Other Interior Features

Central Air Y/NNo
Heating FuelNone
Hot WaterNone

General for Insurance Way

AccessibilityNone
Business TypeOther
CityHAGERSTOWN
Construction Completed Y/NNo
Construction MaterialsOther
Cool FuelNone
CoolingNone
CountyWASHINGTON
DirectionsW. Washington Street to Insurance Way. Property on the left pass the Vehicle Emissions Testing Station.
HeatingNone
Lot Size Square Feet958756.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-04-28T09:11:56
MunicipalityHagerstown
New ConstructionYes
OwnershipFee Simple
PossessionImmediate
Possible UseCommercial, Development, Investment, Land/Lot Only, Mixed Use, Office, Professional Service, Restaurant, Other
Property SubtypeLand for Commercial Use
Property TypeCommercial Sale
SewerPublic Hook/Up Avail
Standard StatusActive
StatusACTIVE
Tax Annual Amount17644.0
Tax Assessed Value920400.0
Tax Year2024
UtilitiesElectric Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
ZoningPOM

Exterior for Insurance Way

Building Area Total0.00
Land Assessed Value920400.00
Land Use CodeC
Lot FeaturesBacks to Trees, Flood Plain, Level, Partly Wooded, Road Frontage
Lot Size Acres22.01
Lot Size SourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic Hook-up Available
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $950,000
MLS#MDWA2028406
List Date 04/24/2025
Property Type Commercial
Phone 703.929.4729
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