Financial
Distress signals
Property profile

2983 Cove Mountain Rd Martinsburg, PA 16662

FOR SALE
Other commercial real estate
Property ID
US73-3260348
750 SF 7.09 ac lot
Last sale Dec 2014 · $81,224
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is commercial land located at 2983 Cove Mountain Road, Martinsburg, PA 16662, comprising 7.09 acres in total area.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$441k
Assessed land$152k
Assessed improvement$289k
Effective rate1.62%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$129k
Vacancy & credit loss−$5k
Operating expenses−$37k
NOI · 12.37% cap applied$86k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$124/SF
County average, outlier-cleaned · 150 recorded sales of this use type
Observed band · Q1–Q3$71 – $220
Qualifying comparables3

Cap rate analysis

How does the asset earn?
12.37%
$86k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBLAIR

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.1
Restaurant12.5
Law Firm12.4

Location

2983 Cove Mountain Rd Martinsburg, PA 16662
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
518 Market, Martinsburg, PA 16662-1016 $2,500 Dec 2024 2,400 SF
104 Penn, Martinsburg, PA 16662-1113 $435,000 May 2024 N/A
3037 Cv Mtn, Martinsburg, PA 16662-7877 $150,000 Nov 2023 768 SF
101 Allegheny, Martinsburg, PA 16662-1137 $430,000 Aug 2021 1,472 SF
200 Market, Martinsburg, PA 16662-1111 $60,000 May 2020 795 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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