Washington County
Hagerstown - MD USA - Industrial Submarket
Industrial real estate intelligence for the Washington County submarket. 39.0M SF of inventory with 12% vacancy. Data sourced from various MLS platforms.
39.0MSF
Inventory
3.6MSF
Available
12%
Vacancy
9%
Availability Rate
$8.62
Asking Rent
5.7%
Rent Growth
1.7MSF
12mo Absorption
889KSF
Under Construction
Market Metrics
12mo Delivered
1.2M SF
Under Constr % of Inv
2.3%%
Sale Price/SF
$107
Cap Rate
7.7%%
12mo Sales Volume
$112,159,500
Sales Vol Growth
200.3%
Asset Value
$4,265,001,579
Net Absorption
+1.7M SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| Quincy III | - | 452,300 | H5 Data Centers |
| Quincy II | - | 165,513 | H5 Data Centers |
| 7906 Randolph Rd NE | $9.0M | 6,000 | Bitfarms |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| Franklin Road Commerce Center | 36,115 | $3.50 - 13.50 | Legacy Capital Partners |
Data Centre Development Potential
High vacancy (12%) in Washington County may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 889K SF indicates developer confidence in the submarket. Positive net absorption of 1.7M SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Hagerstown - MD USA
Evaluating Washington County for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.