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Property profile & analytics
FOR SALE
Commercial real estate

2983 Cove Mountain Rd Martinsburg, PA 16662

750 SF 7.09 ac lot
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US73-3260348
Property summary
AI-generated overview

This exceptional 8,595 square foot retail property, located at 2983 Cove Mountain Road in Martinsburg, Pennsylvania, presents a unique investment opportunity. Strategically positioned on Route 164, en route to Raystown Lake, this established meat market boasts a loyal customer base and significant growth potential. The property sits on approximately 7.09 acres, offering ample space for future expansion or development. The existing building features two processing rooms, three walk-in coolers, a walk-in freezer, certified scales, and exterior corral pens, all essential for efficient meat processing and sales. A convenient freight elevator and an attractive sales floor enhance operational efficiency and customer appeal. Included in the sale is all existing meat market equipment, providing a turnkey business opportunity for the new owner. The property also includes a dedicated inspector's office, facilitating wholesale operations. The lower level offers a freshly painted owner's office, a spacious break room, and modern commercial bathrooms, providing comfortable and functional workspace. Priced at $999,900, this property offers a rare combination of established business, prime location, and significant development potential. Don't miss this chance to acquire a thriving enterprise with room to grow.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 750 SF
Lot 7.09 ac (308,840 SF)
APN 17.00-05..-009.00-000
UPID US73-3260348
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rhodes Meat Market Take-out & Catering Butcher
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gerald E Smith · 11 yrs held
Gerald E Smith
since 2014
3 recorded transactions
2021
Price N/A
2017
Price N/A
2014
$81,224
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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