Property profile

621 Mid Atlantic Pkwy Martinsburg, WV 25404

OFF-MARKET
Warehouses
Property ID
US94-0620354
111,852 SF 12.9 ac lot Built 1987
Individually Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1987
Construction STEEL FRAME
Total area 111,852 SF
Lot 12.9 ac (561,924 SF)
APN 02-08- 6-0009.0003
UPID US94-0620354

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
  • Corporate Office
  • Advertising Agency Marketing & Advertising
  • Storage Facility Distribution Center
  • Distribution Center Logistics Company

Location

621 Mid Atlantic Pkwy Martinsburg, WV 25404-3593
Martinsburg metro Census 971301 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.07M
Comparable Approach Comparable
$9.50M
Blend (final) Blend
$10.79M

Owner & transaction history

since 2015
1 recorded transaction
2015
$5.0M

Zoning & alternative use

Top alternative use upside
Restaurant $17.6M +169.1%
Commercial (general) $14.1M +116.5%
Auto repair, garage $13.2M +102.2%

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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