Property profile

412 Race St Martinsburg, WV 25401

OFF-MARKET
Warehouses
Property ID
US94-0184918
8,690 SF 0.8 ac lot Built 1959
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1959
Construction WOOD FRAME
Total area 8,690 SF
Lot 0.8 ac (34,848 SF)
APN 02-06- 10-0506.0000
UPID US94-0184918

Cap rate & NOI

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

Location

412 Race St Martinsburg, WV 25401-2749
Martinsburg metro Census 971600 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$940k
Comparable Approach Comparable
$736k
Blend (final) Blend
$340k

Owner & transaction history

since 2019
2 recorded transactions
2022
Price N/A
2019
$725,000

Zoning & alternative use

Top alternative use upside
Auto repair, garage $915,000 +78.8%
Medical building $760,000 +48.5%
Restaurant $745,000 +45.7%

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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