61 N EAGLE SCHOOL Rd Martinsburg, WV 25404
12,722 sq ft commercial space near I-81.
Property Features for 61 N EAGLE SCHOOL Rd
General Information
- Standard status
- Active
- Size
- 12,722 SF
- Lot size
- 2.20 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1986
Listing office RE/MAX Real Estate Group (304) 676-6207
Listing date Apr 10, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- High‑traffic location with excellent visibility off Edwin Miller Blvd near I‑81
- Large 12,722 sq ft space suitable for various uses
- 2.20‑acre lot offering potential for expansion or development
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.7k | $12.00 |
| − Vacancy | −$13.7k | −$1.08 |
| EGI | $138.9k | $10.92 |
| − OpEx | −$52.1k | −$4.10 |
| NOI | $86.8k | $6.83 |
