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$699,000 -$100,000 (-12.52%) Price Reduced

  • For Sale
  • Active
  • Lots/Land
  • 22.01 Acres
  • Updated 1 day ago
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± 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!

Full Property Details for Insurance Way

General

  • Price: $699,000
  • Taxes: $17,644 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWA2028410
  • Updated: 10/13/2026
  • Added to Site: 536 day(s) ago

Location

  • Municipality: Hagerstown
  • County: WASHINGTON
  • Driving Directions: West Washington Street to Insurance Way. Property on the left past the Vehicle Emissions Testing Station.
  • City Limits: Yes

School Information

  • School District: Washington County Public Schools

Utilities

  • Sewer: Public Hook/Up Avail
  • Water: Public Hook-up Available
  • Utility Description: Electric Available

Structural Information

  • Current Bldg. Use: Other

Lot Features

  • Lot Size (Acres): 22.01
  • Lot Size (Sq. Ft.): 958,756
  • Lot Size Source: Assessor
  • Zoning: POM
  • Lot Description: Backs to Trees, Level, Partly Wooded, Road Frontage

Financial Considerations

  • Price Per Sq. Ft.: $.73
  • Assessment Year: 2025
  • City/TownTax: $9,222
  • City/TownTax Freq: Annually
  • County Tax: $8,422
  • County Tax Freq: Annually
  • Tax w/Assessment: $920,400
  • Tax Amount: $17,644
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Long & Foster Real Estate, Inc., Michelle Beth Hodos

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Listing agent

— Insurance Way —

  • Michelle Beth Hodos

    Long & Foster Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for Insurance Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/13/2026
Price Reduced
$699,000
-12.52%
MLS
7/15/2026
Price Reduced
$799,000
-15.89%
MLS
4/27/2025
Listed
$950,000
82.07%
MLS
4/25/2019
Sold
$521,776
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for Insurance Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,385
—
$920,400
—
2023
$8,422
—
$920,400
—
2022
$8,422
-2%
$920,400
—
2021
$8,568
—
$920,400
—
2020
$8,606
-45%
$920,400
-45%
2019
$15,642
—
$1,672,900
—
2018
$15,642
—
$1,672,900
—
2017
$15,642
—
$1,672,900
—
2016
$15,642
—
$1,672,900
—
2015
$15,642
—
$1,672,900
—
2014
$15,642
—
$1,672,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Long & Foster Real Estate, Inc., Michelle Beth Hodos

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Insurance Way, Hagerstown, MD 21740 (MLS# MDWA2028410) is a Lots/Land property with a lot size of 22.01 acres. Insurance Way is currently listed for $699,000 and was received on April 27, 2025. Want to learn more about Insurance Way? Do you have questions about finding other Lots/Land real estate for sale in Hagerstown? You can browse all Hagerstown real estate or contact a Coldwell Banker agent to request more information.

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