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Commercial

Hagerstown Land

Sharpsburg Pike & I-70, Hagerstown, MD 21740

Listing Price: $1,467,550

Lot Size
5.99 acres
Price/Acre
$245,000
Land Type
Redevelopment

Investment Overview

Marcus & Millichap is pleased to present for sale, a development site located at the Northeast quadrant of US Interstate 70 and Maryland Route 65. The property consists of 4 contiguous parcels totaling 5.99 acres and features a point of ingress/egress along Maryland Route 65 (Sharpsburg Pike) that is the first right-hand turn off Exit 29 of I-70 West and located directly across the on-ramp for Exit 29 of I-70 West.

The property is situated directly across the street from the Hagerstown Premium Outlet Mall (Simon). Notable national retailers with locations in the immediate vicinity include Burger King, Cracker Barrel, Wendy's, Sheetz, Waffle House, McDonalds, Long Horn Steakhouse, Exxon Mobile and Walmart. Notable industrial locations include FedEx, UPS and Rentals Unlimited.

The site experiences a traffic count in excess of 72,000 vehicles per day and is well positioned for a wide range of development uses including hospitality, fast food, casual dining, gas/convenience, multifamily and self storage. Additionally, the property is well positioned for future assemblages.

Investment Highlights

  • 5.99 Acres | NE Quadrant of I-70 & MD-65 (Sharpsburg Pike)
  • Across from Hagerstown Premium Outlet Mall (450K SF, Simon)
  • Easy Access to Interstate 70
  • Excellent Exposure | +72,000 VPD Traffic Counts
  • Zoning Allows Wide Range of Development Uses | Highest & Best Use Restaurant & Hotel
  • Concept Plan Prepared for 5,000 SF Restaurant and 92-Room Hotel with Parking

Exclusively Listed By

Listing Price: $1,467,550

Lot Size
5.99 acres
Price/Acre
$245,000
Land Type
Redevelopment

Investment Highlights

  • 5.99 Acres | NE Quadrant of I-70 & MD-65 (Sharpsburg Pike)
  • Across from Hagerstown Premium Outlet Mall (450K SF, Simon)
  • Easy Access to Interstate 70
  • Excellent Exposure | +72,000 VPD Traffic Counts
  • Zoning Allows Wide Range of Development Uses | Highest & Best Use Restaurant & Hotel
  • Concept Plan Prepared for 5,000 SF Restaurant and 92-Room Hotel with Parking

Investment Overview

Marcus & Millichap is pleased to present for sale, a development site located at the Northeast quadrant of US Interstate 70 and Maryland Route 65. The property consists of 4 contiguous parcels totaling 5.99 acres and features a point of ingress/egress along Maryland Route 65 (Sharpsburg Pike) that is the first right-hand turn off Exit 29 of I-70 West and located directly across the on-ramp for Exit 29 of I-70 West.

The property is situated directly across the street from the Hagerstown Premium Outlet Mall (Simon). Notable national retailers with locations in the immediate vicinity include Burger King, Cracker Barrel, Wendy's, Sheetz, Waffle House, McDonalds, Long Horn Steakhouse, Exxon Mobile and Walmart. Notable industrial locations include FedEx, UPS and Rentals Unlimited.

The site experiences a traffic count in excess of 72,000 vehicles per day and is well positioned for a wide range of development uses including hospitality, fast food, casual dining, gas/convenience, multifamily and self storage. Additionally, the property is well positioned for future assemblages.

Exclusively Listed By

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