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Property profile & analytics

1289 Winchester Ave Martinsburg, WV 25405

  • Retail space
  • 32,644 SF
  • 2.16 lot acres
Value Estimation
$2,745,000
Last Sale
Jan 15, 2020
$2,200,000
Location Intelligence
Property ID
US94-0479022
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Spirit Halloween / Costume Store / Party Store

Property Details for 1289 Winchester Ave

Year built
1994
Lot size
2.16 lot acres
Property size
32,644 SF
Property type
Retail space
APN
02-01- 5-0034.0001
APU
201500340001

Description

This exceptional 17,000-square-foot retail space is ideally situated at 1289 Winchester Avenue in Martinsburg, West Virginia, within Berkeley County. The property is a single-tenant building, offering a significant opportunity for a business seeking a large, high-visibility location. The entire 17,000 square feet is currently vacant and ready for immediate occupancy, providing a blank canvas for a new tenant to customize the space to their specific needs. The property's prime location in Martinsburg offers excellent access to major transportation routes, ensuring high traffic flow and convenient access for customers. This makes it an attractive option for businesses seeking a strong retail presence in a thriving community. The address is 1289 Winchester Ave, Martinsburg, WV 25405. The property is classified as Retail Store and is categorized under the Retail Property Type. This presents a unique opportunity for a business seeking a substantial footprint in a desirable West Virginia market. The building's size and location offer significant potential for a variety of retail uses. Interested parties are encouraged to inquire further to explore the possibilities this property presents. The property is ready for immediate lease.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $2,965,000
  • CAP approach

    CAP return
    Estimation
    6%
    $2,175,000
    6.5%
    $2,445,000
    7%
    $2,235,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $2,585,000
    Geo Method
    $2,055,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $2,145,000
    Retail
    $2,085,000
    Mixed-Use
    $2,510,000
    Hospitality
    $2,605,000
    Educational
    $2,460,000
    Residential Income
    $2,040,000
    Energy
    $2,705,000
    Income-Based Land
    $2,700,000
    Food Service
    $2,720,000

Location Insight

  • Map
  • Local Demand
City
Martinsburg
County
Berkeley
State
West Virginia
Longitude
-77.9808
Latitude
39.44
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
$23,867
$353,340
$619,080
$972,420
-
$588,900
$1,031,800
$1,620,700
More about this property
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