4803 Gerrardstown Rd Inwood, WV 25428

Property Details for 4803 Gerrardstown Rd

Year built

1993

Lot size

5.21 lot acres

Property size

37,347 SF

Property type

Grocery and convenience stores

APN

02-07- 6-0016.0001

APU

207600160001

Description

This exceptional retail property presents a unique investment opportunity. Located at a hard corner intersection on Gerrardstown Road, this fully leased center boasts a prominent Food Lion anchor tenant. The site enjoys exceptional visibility and accessibility, situated on a primary retail and commuter corridor directly adjacent to I-81 Highway Exit, with impressive traffic counts of 57,600 cars per day. Gerrardstown Road itself sees 18,000 cars daily. The property offers significant street frontage and multiple access points, ensuring convenient access for customers. The 36,440 square foot center is currently fully leased, providing immediate and stable income. This location benefits significantly from the rapid growth of the surrounding area, with new residential communities adding over 350 units. These include developments by JBG Builders (Timberwood East, Nadenbousch Pines, Quail Ridge Estates at Edgemoor) featuring 3-6 bedroom/2-5 bathroom homes starting at $285,000, and Ryan Homes (Southbrook Arcadia North Villas) offering 3-bedroom homes and townhomes priced from $300,000. The proximity to Martinsburg, West Virginia's fastest-growing city (only 10 miles away), further enhances the long-term growth potential of this investment. This is a rare opportunity to acquire a thriving retail center in a high-growth market.

Location Insight

City

Inwood

County

Berkeley

State

West Virginia

Longitude

-78.0433

Latitude

39.3633

CBSA code

25180

CBSA name

HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments