Hagerstown, MD 21740 Insurance Way

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Presented By: Long & Foster Real Estate, Inc.
  • MLS# MDWA2028410
  • 04/24/2025
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Home Details

22 acres of prime commercial real estate, a stones throw from I-81! Zoned Professional Office Mixed (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.

General for Insurance Way

Additional Parcels Y/NNo
CityHAGERSTOWN
Clean Green Assessed Y/NNo
CountyWASHINGTON
Current UseOther
DirectionsWest Washington Street to Insurance Way. Property on the left past the Vehicle Emissions Testing Station.
HOANo
Lot Size Square Feet958756.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-04-28T09:13:21
MunicipalityHagerstown
OwnershipFee Simple
PossessionImmediate
Possible UseCommercial, Development, Investment, Mixed Use, Office, Professional Service
Price Per Sq Ft Total AG0.99
Property SubtypeLand
Property TypeLand
School DistrictWASHINGTON COUNTY PUBLIC SCHOOLS
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

Lot FeaturesBacks to Trees, Level, Partly Wooded, Road Frontage
Lot Size Acres22.01
Lot Size SourceAssessor
Navigable Water Y/NNo
Water Oriented Y/NNo
Water SourcePublic Hook-up Available
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $950,000
MLS#MDWA2028410
List Date 04/24/2025
Property Type Land
Phone 703.929.4729
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