Property profile

24 Nationwide Ln Berkeley Springs, WV 25411

OFF-MARKET
Office buildings
Property ID
US94-0535524
0.51 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 24 Nationwide Ln, Berkeley Springs, WV 25411, presents a unique investment opportunity. The 1,215 square foot building sits on a desirable 0.51-acre lot, providing ample parking. Currently operating at 100% occupancy, the property offers immediate income potential. Its mixed-use zoning allows for diverse business ventures. Currently configured as an insurance office, the space previously housed a hair salon, demonstrating its adaptability to various commercial uses. The possibilities are numerous, including additional office space, retail, or other service-oriented businesses. Located conveniently near the newly constructed 522 bypass, this property benefits from high visibility and significant through traffic, while still maintaining the charm and accessibility of downtown Berkeley Springs. This strategic location combines the best of both worlds, offering a blend of historical appeal and modern convenience. The asking price for this established commercial building is $359,900. This is an ideal investment for those seeking to capitalize on the growth and development within the Berkeley Springs area. Don't miss this chance to own a thriving commercial property in a prime location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.51 ac (22,216 SF)
APN 33-02- 10-0025.0001
UPID US94-0535524

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Insurance Agency

Location

24 Nationwide Ln Berkeley Springs, WV 25411-9224
Berkeley Springs metro Census 971002 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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