Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5268 Williamsport Pike Martinsburg, WV 25404
    Property profile & analytics

    5268 Williamsport Pike Martinsburg, WV 25404

    View on Map
    • Retail properties & Spaces
    • 69,260 SF
    • 1.59 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 5268 Williamsport Pike

    Lot size
    1.59 lot acres
    Property size
    69,260 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    This exceptional 1.59-acre commercial land parcel is ideally situated at 5268 Williamsport Pike in Martinsburg, West Virginia, zip code 25404. Offered at $1,300,000, this property presents a unique opportunity for immediate development. Located at a new, signalized intersection in a rapidly expanding area of north Martinsburg, the site boasts excellent visibility and accessibility. The land will be delivered rough-graded, with utilities, signal improvements, and entrances already in place, significantly reducing development time and costs. Its strategic location offers unparalleled convenience, with close proximity to major retail anchors such as Walmart, the I-81 interstate, and several key community amenities. Three schools (Potomack Intermediate, Spring Mills Middle, and Spring Mills Primary) and two medical facilities (Valley Health and WVU Medicine) are also within easy reach, ensuring a strong potential customer base. This property is zoned for commercial use and presents a compelling investment opportunity in a thriving market. The total square footage is 69,260, and there are no existing buildings on the site. Berkeley County location provides access to a growing population and robust infrastructure. This is a ready-to-develop site perfect for a variety of commercial ventures.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Martinsburg
    County
    Berkeley
    State
    West Virginia
    Longitude
    -77.9082
    Latitude
    39.5405

    Comparable in this City

    • Value Estimation by Request
      3.46 Acres

      Lutz Ave And Meridian Pkwy

      Land • 3.46 Acres
      0 Lutz Ave And Meridian Pkwy, Martinsburg, WV 25404
      View Details
    • Value Estimation by Request

      167 Eagle School Rd

      Retail properties & Spaces
      167 Eagle School Rd, Martinsburg, WV 25404
      View Details
    • Value Estimation by Request
      201,966 SF

      1291 Edwin Miller Blvd

      Lifestyle centers • 201,966 SF
      1291 Edwin Miller Blvd, Martinsburg, WV 25404
      View Details
    • Value Estimation by Request
      2.02 Acres

      310 Adams St

      Land • 2.02 Acres
      310 Adams St, Martinsburg, WV 25404
      View Details
    • Value Estimation by Request
      0.65 Acres

      3 Triamigas Dr

      Commercial real estate • 0.65 Acres
      3 Triamigas Dr, Martinsburg, WV 25404
      View Details
    • Value Estimation by Request
      1.30 Acres

      2638 Williamsport Pike

      COMMERCIAL (GENERAL) • 1.30 Acres
      2638 Williamsport Pike, Martinsburg, WV 25404-6404
      View Details

    Similar Nearby for Sale

    • $1,299,000

      Versatile Commercial Property on 2.2 Acres

      12,722 sq ft commercial space near I-81.
      61 N Eagle School Rd, Martinsburg, WV 25404
      View Details
    • $199,900

      Buildable Lot in Established Community

      5.5 acre lot near Shepherdstown with underground electric.
      13 Fern Creek Ln, Martinsburg, WV 25404
      View Details
    • $970,000
      2.05 Acres

      Prime Commercial Land For Sale

      High-visibility commercial land on a major commuter route, ideal for business.
      Mcmillan Ct, Martinsburg, WV 25404
      View Details
    • $298,000
      2.02 Acres

      Prime Land with High Visibility

      Two-acre commercial land with utilities and highway access.
      310-312 Adams St W, Martinsburg, WV 25404
      View Details
    • $298,000
      2.02 Acres

      Martinsburg Commercial Land For Sale

      2 acre commercial land with high visibility in Martinsburg, WV.
      310-312 Adams St W, Martinsburg, WV 25404
      View Details

    Similar Nearby for Lease

    • New
      $2,650 /Mo
      8,102 SF

      Martinsburg Commercial Building For Lease

      6,600 sq ft commercial building suitable for retail, office, mixed-use.
      824 N Queen St, Martinsburg, WV 25404
      View Details
    • $2,950 /Mo

      Martinsburg Commercial Building For Lease

      6,600 sq ft commercial building suitable for retail or office.
      824 N Queen St, Martinsburg, WV 25404
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Old Courthouse

      Retail space available in a busy shopping center.
      1305-1355 Old Courthouse Sq, Martinsburg, WV 25404
      View Details
    • Contact for pricing
      2,353 SF

      Retail Space in Martinsburg

      Retail space available for lease in Martinsburg, West Virginia.
      1426 Edwin Miller Blvd, Martinsburg, WV 25404
      View Details
    • $3,146 /Mo

      Commercial Space on Edwin Miller Boulevard

      Retail and office spaces for lease in high-traffic Martinsburg corridor.
      39 Aikens Ctr, Martinsburg, WV 25404
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5268 Williamsport Pike
    Martinsburg, WV 25404
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5268 Williamsport Pike, Martinsburg, WV, 25404
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!