Financial
Distress signals
Property profile

408 King St 3A Martinsburg, WV 25401

FOR LEASE
Other investment properties
Property ID
US94-0322931
4,316 SF 0.07 ac lot Built 1910
Last sale Oct 2024 · $260,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 408 W King St, Martinsburg, WV 25401 is a historic mansion that has been converted to professional office space, configured with three finished levels of office-oriented workspace. The building’s adaptable layout supports a range of office-based uses, and the space is also configured in a way that may accommodate retail-style uses depending on tenant requirements. It is prominently positioned along West King Street on a commercial corridor, with walkability and bike accessibility indicated by a Walk Score of 75 and a Bike Score of 51.

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?
$3k
Tax billed · 2024
Assessed value$110k
Assessed land$17k
Assessed improvement$93k
Effective rate3.14%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$265k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$69/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$37 – $105

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionBERKELEY

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.0
Parking Facility8.9
Computer & Electronic Repair8.4

Location

408 King St, Unit 3A Martinsburg, WV 25401
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
501 King, Martinsburg, WV 25401-2616 $599,900 May 2025 5,447 SF
210 Burke, Martinsburg, WV 25401-3322 $220,000 Aug 2024 3,628 SF
526 King, Martinsburg, WV 25401-2602 $375,000 Feb 2024 4,144 SF
413 Queen, Martinsburg, WV 25401-3260 $570,000 Feb 2024 4,302 SF
201 Race, Martinsburg, WV 25401-3391 $340,000 Mar 2022 5,128 SF
421 Raleigh, Martinsburg, WV 25401-2640 $200,100 May 2021 5,525 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?”
More about this property
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