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$950,000

Insurance Way Hagerstown, MD 21740

22.0 acres
Land

Property details

About Insurance Way

± 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.

Highlights

Home typeVacant Land
StatusActive
(ACTIVE)
Lot size22.01 Acres
MLS #MDWA2028410

Summary

  • List Price: $950,000
  • Annual Tax Amount: $8,421
  • Tax Year: 2024
  • Lot: Trees, Level, Wooded
  • Directions: West Washington Street to Insurance Way. Property on the left past the Vehicle Emissions Testing Station.
  • Municipality: Hagerstown
  • Lot Size: 22.01 Acres
  • MLS Number: MDWA2028410
  • MLS Name: BRIGHT
  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (301) 694-8000
  • Listing Agent: Michelle Hodos
  • Agent Phone: (240) 446-5333
  • Agent Email: michelle@yourtriphome.com

IDX Information Deemed Reliable But Not Guaranteed. 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 in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and 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 this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/31/2025, 4:45:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
May 09, 2019
Home Sold
$521,776
Feb 28, 2006
Home Sold
$2,494,600

Tax history

YearAssessmentProperty Tax
2024$920,400$8,421
2023$920,400$8,421
2022$920,400$8,421
2021$920,400$8,605
2020$920,400$8,567
2019$920,400$8,605
2018$1,672,900$15,641
2017$1,672,900$15,641

History based on county public records data.

Nearby schools

7

Jonathan Hager Elementary School

Public District PK-5

1.0 mi

12615 Sedgwick Way

7

Salem Avenue Elementary School

Public District PK-5

1.4 mi

1323 Salem Ave

6

Lincolnshire Elementary School

Public District PK-5

2.0 mi

17545 Lincolnshire Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,559. The majority of Hagerstown, MD residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

37%
<35k
55%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

44%
Single, No Kids
10%
Single, with Kids
34%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
14%
18-34 yrs old
49%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Hagerstown, MD

Transportation in Hagerstown is facilitated by a combination of public transit options and well-maintained roadways that connect the city to surrounding areas. The public transportation system provides residents with access to essential services and employment centers. The community's walkability varies by neighborhood, with some areas offering more pedestrian-friendly environments than others. Ongoing initiatives aim to enhance the efficiency and accessibility of the city's transport infrastructure.

Residents of Hagerstown benefit from a robust selection of services, including a network of public and private schools that cater to a range of educational needs. The city is home to several healthcare facilities offering a spectrum of medical services, from primary care to specialized treatments. Public libraries serve as valuable community resources, and the local retail and dining establishments reflect the city's eclectic charm and cultural influences.

Hagerstown prides itself on a rich historical heritage and a vibrant cultural scene. The community's character is shaped by its numerous museums, theaters, and art galleries, which play a pivotal role in the city's social fabric. Annual events and festivals celebrate the area's history and diversity, fostering a sense of pride and togetherness among residents.

The housing landscape in Hagerstown is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences and lifestyles. Single-family homes are prevalent, reflecting a range of architectural styles from historic colonial to contemporary designs. The market is characterized by a blend of older homes with rich histories and newer constructions that cater to modern living standards.

About Insurance Way

The listing price of Insurance Way property is $950,000.

The property Insurance Way is land located in Hagerstown, Maryland, 21740.

Active Listing: Insurance Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for Insurance Way are: Jonathan Hager Elementary School (GreatSchools Rating 7/10), Salem Avenue Elementary School (GreatSchools Rating 7/10), Lincolnshire Elementary School (GreatSchools Rating 6/10), Western Heights Middle School (GreatSchools Rating 4/10), E. Russell Hicks Middle School (GreatSchools Rating 7/10), Northern Middle School (GreatSchools Rating 6/10), Barbara Ingram School for the Arts (GreatSchools Rating 9/10), South Hagerstown High School (GreatSchools Rating 4/10), North Hagerstown High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $8,421 (source: MLS/based on county public records data).

The last sale was on May 9, 2019 for $521,776 (source: MLS/tax record).

The property Insurance Way is 22.01 acres.

This home is located at Insurance Way in Hagerstown, MD and zip code 21740. Features: 0 bathroom. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $950,000.

Between May and June 2025, Hagerstown, MD real estate market has seen increase in the number of listings by 66.3%. In June 2025, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $337,000.

From Rocket Homes Real Estate and based on county public records data.

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