309 Medical CtMartinsburg, WV 25401

For Sale
$699,000 View listing
  • Medical offices
  • 0.66 AC

Property Details for 309 Medical Ct

Lot size
0.66 AC
Property type
Medical offices
Property subtype
Medical centers
APN
02-06- 4D-0129.0000
APU
02064D01290000

Description

This exceptional 3,484 square foot office building is situated on a 0.66-acre lot at 309 Medical Court in Martinsburg, West Virginia. The property presents a fantastic opportunity for businesses seeking a well-located and spacious office environment. Its strategic location in Martinsburg offers convenient access to major transportation routes, ensuring easy commutes for employees and clients alike. The building itself is ready for immediate occupancy, providing ample space for various office configurations. The substantial square footage allows for flexible layouts to accommodate diverse business needs, from individual offices to open workspaces. The 0.66-acre lot provides ample parking and potential for future expansion or outdoor amenities. The asking price of $699,000 represents a compelling investment opportunity in a thriving West Virginia market. This property is ideal for a variety of professional uses, making it an attractive option for established businesses seeking to upgrade or expand, or for new ventures looking for a strong foundation for growth. Serious inquiries are encouraged to explore this promising commercial real estate offering. The property's size and location combine to create a highly desirable asset in a competitive market. Don't miss this chance to acquire a well-positioned and versatile office building in a growing area. Further details and viewing arrangements can be made upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,842,794
    6.5%
    $6,316,426
    7%
    $5,865,252
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,748,275
    Geo Method
    $5,748,275
  • Alternative Use

    Use
    Valuation
    Residential
    $7,832,368
    Hospitality
    $7,174,407
    Educational
    $5,969,022
    Medical
    $6,174,306
    Retail
    $9,285,146
309 Medical Ct, Martinsburg, West Virginia

Location Insight

City
Martinsburg
County
Berkeley
State
West Virginia
Latitude
39.4733
Longitude
-77.9714
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
$9,315
$94,860
$201,900
$296,760
-
$158,100
$336,500
$494,600

FAQs

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