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    311 Medical Ct Martinsburg, WV 25404

    For Sale
    $890,000

    Renovated Medical Office, High Visibility

    Property size:
    3,140 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 3,140 square foot medical office building in Martinsburg, West Virginia, is situated at 311 Medical Court, 25404. Recently renovated in 2023, this single-story building features excellent signage opportunities and boasts 14 parking spaces. The property includes three units totaling 3,140 square feet, with Unit A (fully leased to a pharmacy), Unit B (1,010 square feet), and Unit C (1,300 square feet) available for lease. Units B and C offer versatile layouts suitable for various professional practices, including medical, legal, or wellness-related businesses. The building benefits from high traffic volume due to its proximity to the WVU Medical Center and its location just 0.9 miles from I-81, Exit 14, with an average daily traffic count of 10,243 vehicles on Tavern Road. Built in 1983, the property features a new roof and is conveniently located within Martinsburg city limits, offering easy access to numerous amenities. The asking price is $890,000.

    Property Features for 311 Medical Ct

    General Information

    Property type
    Medical offices
    Square Feet
    3,140 SF

    Building Details

    Year Built/Renovated
    1983/2023
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • $890,000 asking price for this 3,140 square foot medical office building.
    • Recently renovated in 2023 with a new roof.
    • Excellent visibility and signage opportunities.
    • Located in Martinsburg, WV, near WVU Medical Center and I‑81, offering high traffic volume.
    • Features 14 parking spaces and three units, with one currently leased to a pharmacy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lynch Robert J ... Internist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Martinsburg
    County
    Berkeley
    State
    West Virginia
    Longitude
    -77.9053182
    Latitude
    39.4922669

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    FAQs

    What type of property is this?
    Medical office - Renovated Medical Office, High Visibility
    Where is this medical office located?
    The property is located at 311 Medical Ct Martinsburg, WV.
    What is the asking price?
    The asking price for this property is $890,000.
    What are key features of this property?
    This property features: $890,000 asking price for this 3,140 square foot medical office building.; Recently renovated in 2023 with a new roof.; Excellent visibility and signage opportunities.
    Request Owner's contact information
    311 Medical Ct Martinsburg, WV 25404
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    Martinsburg, WV 25404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    311 Medical Ct Martinsburg, WV 25404
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