Insurance Way

Hagerstown, MD 21740

$950,000
Price
958,756 / 22.01
Lot Size / Acres
a view of a balcony with beach
a view of a tennis court
a view of a balcony with an ocean view
a view of a city
a view of a tennis court
a view of a balcony with an ocean view
a view of a balcony with beach
a view of a balcony with an outdoor space
an aerial view of a house with a yard and lake view
a view of a yard with potted plants
a view of a field with an ocean view
a view of a lake with houses in the back
a view of a lake with a big yard
en empty room with a bench and wooden floor

Description

± 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. 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...± 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. 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.
  1. Listed by Michelle Hodos • Long & Foster Real Estate, Inc.
    P: (240)-446-5333 michelle@yourtriphome.com

Property Details for Insurance Way

Tax ID Number
2225039890
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Expected On Market Date
04-27-2025
Municipality
Hagerstown
Central Air
No
LISTING UPDATED: 07/12/2025 10:38 PM

Property Details for Insurance Way

StatusActive
MLS #MDWA2028410
Days on Market245
Taxes$17,644 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size22.01 AC
CountyWashington County

Location

Listing Courtesy of Long & Foster Real Estate, Inc.
Add your commute

Building Information for Insurance Way

Lot Size22.01 AC

Payment Calculator

$6,165 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,694

Property Taxes

$1,470

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Insurance Way

Location
Location
  • In City Limits: Yes
  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138761341
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $920,400
  • Year Assessed: 2025
  • County Tax: $8,422
  • Improvement Assessed Value: $0
  • City Town Tax: $9,222
  • Clean Green Assessed: No
  • Zoning: POM
  • Zoning Dscrp: Professional Office Mixed - Office Parks, Limited Retail and Restaurants. Current text overlay in progress.
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Building Info
Building Info
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Features: Backs to Trees, Level, Partly Wooded, Road Frontage
  • Current Use: Other
  • Parcel ID: 11645748
  • Additional Parcels: No
Utilities
Utilities
  • Utilities: Electric Available
  • Water Source: Public Hook-up Available
  • Sewer Septic: Public Hook/Up Avail
Confidential Data
Listing Office
  • List Agent AOR: Frederick County Association of REALTORS
  • List Agent URL: www.YourTripHome.com

Property History for Insurance Way

DateEvent & SourcePriceAppreciation
Apr 27, 2025

Listed (Active)

BRIGHT #MDWA2028410

$950,000—
DateEvent & SourcePrice
04/27/2025

Listed (Active)

BRIGHT #MDWA2028410

$950,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Insurance Way

This home is within Washington County Public Schools.
Rating
School
Type
Grades
Distance
Jonathan Hager Elementary
Public - PK to 5
Springfield Middle School
Public - 6 to 8
Williamsport High School
Public - 9 to 12
Washington County Job Development Center
Public - 12
Rating
School
Distance
Jonathan Hager Elementary
PublicPK to 5

Springfield Middle School
Public6 to 8

Williamsport High School
Public9 to 12

Washington County Job Development Center
Public12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about Insurance Way, Hagerstown, MD 21740

Insurance Way is a 22.01 ac of land for sale in Hagerstown, MD 21740. This property was listed for sale on April 27, 2025 by Long & Foster Real Estate, Inc., it's currently listed at $950,000. This listing's school district is Washington County Public Schools. Nearby schools include Jonathan Hager Elementary, Springfield Middle School and Williamsport High School. Insurance Way is a 0-bed, 0-bath, 22.01 ac of land on a 958,756 sq. ft. / 22.01 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Long & Foster Real Estate, Inc.

© 2025 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 07/12/2025 10:38 PM