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    OFF-MARKET
    Industrial properties

    300 Technology Way, Fort Ashby, WV 26719

    11,000 SF 4.69 ac lot Built 2018
    Property ID
    Property summary
    AI-generated overview

    This exceptional 11,000-square-foot flex space property presents a unique investment opportunity. Situated on a generous 4.69 acres within the Fort Ashby Business & Technology Park, this single-tenant building offers significant potential. Constructed in 2018, the property features a two-story design. The ground floor comprises a large, open industrial space, previously configured as a gym, providing flexibility for various uses. The second floor includes a nearly completed (75-80%) apartment, readily adaptable as office space, adding versatility to the property. The property's layout allows for potential subdivision to accommodate multiple tenants, maximizing rental income. A substantial parking lot caters to ample guest parking, and the expansive acreage allows for future development or expansion. The strategic location in Fort Ashby, WV offers easy access to Cumberland, MD (14 miles south), Romney, WV (14 miles north), and Keyser, WV (15 miles northeast). Furthermore, the Mineral County Development Authority (MCDA) offers the possibility of acquiring additional adjacent acreage, should the need arise. Key features include a large parking lot, excellent signage opportunities, and an open floor plan on the ground floor. The partially finished apartment/office space on the second floor provides additional options for customization and use.

    Property profile
    Verified
    Property type Industrial properties
    Year built 2018
    Total area 11,000 SF
    Lot 4.69 ac (204,296 SF)
    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
    • Quality Drawing Services General Contractor
    Value estimations
    Realmo proprietary · 4 methods
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