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    Property profile & analytics

    39 Severna Pkwy Martinsburg, WV 25403-7507

    • Strip malls
    • 1.33 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Location Intelligence
    Property ID
    US94-1354047
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Artifex Hair Salon / Hair Salon
    • Julia's W / Casino / Lottery Retailer
    • Stone Crest Retail Center / Shopping Mall
    • Ez tobacco & Cigar’s martinsburg / Gift Shop / Vaporizer Store

    Property Details for 39 Severna Pkwy

    Lot size
    1.33 lot acres
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    02-04- 28-0017.0009
    APU
    2042800170009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $510,000
      6.5%
      $525,000
      7%
      $530,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $455,000
      Geo Method
      $550,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $480,000
      Mixed-Use
      $540,000
      Hospitality
      $500,000
      Educational
      $530,000
      Residential Income
      $560,000
      Energy
      $490,000
      Income-Based Land
      $500,000
      Food Service
      $530,000

    Location Insight

    • Map
    • Local Demand
    City
    Martinsburg
    County
    Berkeley
    State
    West Virginia
    Longitude
    -77.979
    Latitude
    39.5237
    CBSA code
    25180
    CBSA name
    HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,763
    $132,960
    $550,020
    $682,980
    -
    $221,600
    $916,700
    $1,138,300

    Comparable in this City

    • Value Estimation by Request
      18.45 Acres

      400 Enterprise Cir, Unit 700

      SHOPPING CENTER, STRIP CENTER • 18.45 Acres
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      View Details
    • Value Estimation by Request
      22.47 Acres

      144 Retail Cmns Pkwy

      REGIONAL SHOPPING CENTER, MALL • 22.47 Acres
      144 Retail Cmns Pkwy, Martinsburg, WV 25403-6176
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    • Value Estimation by Request
      9.08 Acres

      171 Retail Cmns Pkwy

      REGIONAL SHOPPING CENTER, MALL • 9.08 Acres
      171 Retail Cmns Pkwy, Martinsburg, WV 25403-6179
      View Details
    • Value Estimation by Request
      11.59 Acres

      436 Retail Cmns Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 11.59 Acres
      436 Retail Cmns Pkwy, Martinsburg, WV 25403-6183
      View Details
    • Value Estimation by Request
      11,939 SF

      60 Advent Dr

      Medical offices • 11,939 SF
      60 Advent Dr, Martinsburg, WV 25403
      View Details
    • Value Estimation
      $285,000
      2,191 SF

      8100 Tuscarora Pike

      RETAIL STORES (PERSONAL SERVICES) • 2,191 SF
      8100 Tuscarora Pike, Martinsburg, WV 25403-1015
      View Details

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    39 Severna Pkwy
    Martinsburg, WV 25403-7507
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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
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