176 Health Care LnMartinsburg, WV 25401

Property Details for 176 Health Care Ln

Lot size

1.39 AC

Property type

Healthcare properties

Property subtype

Medical offices

APN

02-04- 41C-0036.0000

APU

020441C00360000

Description

This exceptional 2,300 square-foot medical office suite, located at 176 Health Care Ln #1 in Martinsburg, West Virginia, presents a fantastic opportunity for healthcare professionals. Built in 2009, this single-tenant property sits on 1.94 acres of land and is a single-story building. The interior boasts five well-appointed exam rooms, ensuring efficient patient flow. A spacious and comfortable waiting area provides a welcoming environment for patients. Two modern bathrooms cater to both staff and patients. A convenient kitchen area is included for staff use. Furthermore, two private offices offer dedicated space for administrative tasks or consultations. The property's strategic location near a major hospital and key commuter routes in Martinsburg, WV (zip code 25401) offers unparalleled accessibility and high visibility, ensuring a strong patient base. This turnkey medical office space is ready for immediate occupancy and represents a rare opportunity to establish or expand a thriving healthcare practice in a desirable location. The property's single-tenant occupancy simplifies management and provides a stable investment.

• CAP approach

  CAP return

  Valuation

  6%

  $14,411,045

  6.5%

  $13,302,503

  7%

  $12,352,324

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,105,967

  Geo Method

  $12,105,967

• Alternative Use

  Use

  Valuation

  Residential

  $16,495,103

  Hospitality

  $15,109,426

  Educational

  $12,570,865

  Medical

  $13,003,196

  Retail

  $19,554,680

Location Insight

City

Martinsburg

County

Berkeley

State

West Virginia

Latitude

39.4755

Longitude

-77.9671

CBSA code

25180

CBSA name

HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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