16 Prime Acres - Hagerstown Regional Airport

Vacant Land for Sale
Catylist Listing ID: 29735010
Property Subtypes: Industrial, Office
Gross Land Area: 15 Acres
Sale Price: $2,250,000
Unit Price: $150,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/10/2017

Overview / Comments

AIRPORT LOCATION, NEAR INTERSTATE 81 & I-70. Acreage with unique capabilities for corporate user or land investor. I-81 & I-70 nearby. Adjoins Regional Airport (HGR), 2nd largest in State. Also, near the Rider Jet Center, a private facility for small jet aircraft and business-user/consumer air planes. - Design Concept Plans available: 20,000 SF to 200,000 SF buildings. Ideal for specialty transportation uses, e-commerce business, & truck-to-air freight logistics. Potentially sub-dividable into three tracts. Ample public road frontage. Design concept plans available upon request. AP Zoning (Airport District). Ideal for flex-type industrial and office space. I-81 interchange and State highway are minutes away. Local market has scarcity for commercially-zoned development land in "A" Class locations. Regional SWM. Foreign Trade Zone No. 255. Enterprise Zone for County. TWO Exits of I-81 close by. Land subdivision subject to approval of County Planning Commission.

Additional Details

Nearest MSA: Hagerstown-Martinsburg
County: Washington
Submarket Type: Airport District
Zoning: AP
Market Type: Medium
Property Located Between: I-81 and Rt. 11
Side of Street: North
Road Type: Paved
Property Visibility: Good
Transportation: Airport
Airports: Hagerstown Regional
Site Description: Good terrain.
Area Description: Tertiary market near Baltimore-Washington Metro Areas. 1+ hour to Beltways via I-70 and I-270.
Zoning Description: AP
Topography: Level
Available Utilities: Electric, Water, Sewer, Cable

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,251 17,737 52,477
Median Age: 43.26 40.26 37.8
Households: 510 6,675 20,438

Contact

Photograph of Listing Agent

Syd Machat, CCIM

MACHAT TAYLOR
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