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    5605 Hammonds Mill Rd Martinsburg, WV 25404

    Sponsored
    For Lease
    $360 /Mo ($0.30 SF/Yr)

    Martinsburg, WV Retail Space Available

    Lot size:
    14,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located at 5605 Hammonds Mill Rd, Martinsburg, WV 25404, at the intersection of Hammonds Mill Rd and Alliance Ln in Berkeley County. The property, known as Spring Mills Towne Center North, offers a total of 14,500 square feet of retail space within a multi-tenant building currently under construction. Six individual spaces are available, with a minimum divisible space of 1,500 square feet. Currently, 5,344 square feet are vacant and ready for immediate occupancy. The building is strategically positioned across from a Walmart, benefiting from high visibility and significant foot traffic in a rapidly expanding commercial area. Completion is anticipated in the third quarter of 2024. In addition to the in-line spaces, several pad sites ranging from 0.87 to 3.44 acres are available for development, offering excellent pylon signage opportunities directly opposite the Walmart entrance on Hammonds Mill Road. This prime location provides unparalleled access to the I-81 interchange, ensuring convenient access for customers and employees. The property presents a unique chance to establish a thriving retail presence in a high-growth market. Contact us today to learn more about leasing options and available pad sites.

    Property Features for 5605 Hammonds Mill Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,500 SF
    Total Rate
    360

    Unit(s) available at that property

    Space
    Bay 2
    Size
    1,500 SF
    Rate per SF
    $360
    Space
    Pad Site 1.58
    Size
    68,825 SF
    Space
    Pad Site 0.87
    Size
    37,897 SF
    Space
    Pad Site 0.99
    Size
    43,124 SF
    Space
    Bay 3
    Size
    1,788 SF
    Rate per SF
    $360
    Space
    Bay 4
    Size
    2,056 SF
    Rate per SF
    $360

    HighLights

    • 14,500 SF retail space available in Spring Mills Towne Center North, Martinsburg, WV, with 5,344 SF immediately available.
    • Individual spaces range from 1,500 to 5,344 SF, with additional pad sites from 0.87 to 3.44 acres.
    • Located at Hammonds Mill Rd & Alliance Ln, across from Walmart, offering high visibility and traffic.
    • $30.00/SF rental rate, $2.75/SF NNN charges.
    • Completion anticipated Q3 2024; nearby tenants include Dollar Tree, Advance Auto, Sheetz, Taco Bell, Popeyes, Jersey Mike's, McDonald's, three county schools, and two medical centers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Little Caesars Pizza Restaurant Dollar Tree Dollar Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Martinsburg
    County
    Berkeley
    State
    West Virginia
    Longitude
    -77.9099687
    Latitude
    39.545582

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    FAQs

    What type of property is this?
    Retail property - Martinsburg, WV Retail Space Available
    Where is this retail property located?
    The property is located at 5605 Hammonds Mill Rd Martinsburg, WV.
    What is the lease rate?
    The lease rate is $0.00-$360 SF/Yr.
    What are key features of this property?
    This property features: 14,500 SF retail space available in Spring Mills Towne Center North, Martinsburg, WV, with 5,344 SF immediately available.; Individual spaces range from 1,500 to 5,344 SF, with additional pad sites from 0.87 to 3.44 acres.; Located at Hammonds Mill Rd & Alliance Ln, across from Walmart, offering high visibility and traffic.
    Request Owner's contact information
    5605 Hammonds Mill Rd Martinsburg, WV 25404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5605 Hammonds Mill Rd Martinsburg, WV 25404
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