± 22 acres of prime commercial real estate, a stone’s throw from I-81! Zoned Professional Office Mixed (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. Prime location!
Lot/land
Price cut: $151K (7/15)
$799,000
Insurance Way, Hagerstown, MD 21740
--beds
--baths
22.01Acres
Unimproved Land
Built in ----
22.01 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 463 days |
- 63 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Michelle Hodos 240-446-5333,
Long & Foster Real Estate, Inc. 301-694-8000
Source: Bright MLS,MLS#: MDWA2028410
Facts & features
Property
Features
- Frontage type: Road Frontage
Lot
- Size: 22.01 Acres
- Features: Backs to Trees, Level, Wooded
Details
- Parcel number: 2225039890
- Zoning: POM
- Zoning description: Professional Office Mixed - Office Parks, Limited Retail and Restaurants. Current text overlay in progress.
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Hook/Up Avail
- Water: Public Hook-up Available
- Utilities for property: Electricity Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Hagerstown
- Municipality: Hagerstown
Financial & listing details
- Tax assessed value: $920,400
- Annual tax amount: $17,644
- Date on market: 4/27/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $799,000-15.9% |
Source:  Bright MLS #MDWA2028410 Report a problem | ||
| 4/27/2025 | Listed for sale | $950,000 |
Source: Bright MLS #MDWA2028410 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 21740
Nearby schools
GreatSchools rating
- 6/10Jonathan Hager ElementaryGrades: PK-5Distance: 1.1 mi
- 4/10Springfield Middle SchoolGrades: 6-8Distance: 4.2 mi
- 7/10Williamsport High SchoolGrades: 9-12Distance: 4.2 mi
Schools provided by the listing agent
- District: Washington County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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