$950,000

0 Insurance Way Hagerstown, MD 21740

Estimated payment $6,727/month

Total Views 10,589
22 Acres
$43,162 Price per Acre
958,756 Sq Ft Lot

Highlights

  • 22.01 Acre Lot
  • No HOA
  • Level Lot
  • Partially Wooded Lot

About This Lot

± 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.

Listing Agent

Michelle Hodos

Long & Foster Real Estate, Inc. License #WV0030598 Listed on: 04/27/2025

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,644

Lot Details

  • 22.01 Acre Lot
  • Level Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is zoned POM, Professional Office Mixed - Office Parks, Limited Retail and Restaurants. Current text overlay in progress.

Additional Features

  • Flood Risk
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2225039890

Property Details

Property Type

Land

Est. Annual Taxes

$17,644

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Expected On Market: 4/27/2025 12:00:00 AM
  • Federal Flood Zone: Yes
  • Remarks Public: ± 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.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.99

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Utilities: Electric Available
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121138761341
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Backs To Trees, Level, Partly Wooded, Road Frontage
  • Lot Size Acres: 22.01
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 958756.00
  • Year Assessed: 2025
  • Zoning: POM
  • Zoning Description: Professional Office Mixed - Office Parks, Limited Retail and Restaurants. Current text overlay in progress.
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 17644.00
  • Assessor Parcel Number: 2225039890
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2025 04/27/25 For Sale $950,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: MDWA2028410

Bright MLS

Maryland Washington County Hagerstown 21740

0 Insurance Way, Hagerstown, MD

This home is located at 0 Insurance Way, Hagerstown, MD 21740 and is currently priced at $950,000. 0 Insurance Way is a home located in Washington County with nearby schools including Jonathan Hager Elementary School, Springfield Middle School, and Williamsport High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes
Michelle Hodos
Listing Agent
Michelle Hodos
Section Image
Long & Foster Real Estate, Inc.
(240) 652-2925