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Property profile & analytics
FOR SALE
Outlet malls

1287 Winchester Ave Martinsburg, WV 25405

121,452 SF 10.17 ac lot Built 1993
Entity Owned Absentee Owner Free & Clear
Property ID
US94-0485399
Property summary
AI-generated overview

This exceptional industrial property presents a unique redevelopment opportunity in Martinsburg, West Virginia. The former Kmart building boasts a substantial 114,587 square feet of versatile space, ideally suited for a variety of uses. Located at 1287 Winchester Ave, 25405, this warehouse enjoys excellent visibility and accessibility from WV Route 45 (Apple Harvest Drive), ensuring high traffic exposure and convenient transportation links. The building's expansive footprint allows for flexible configurations, catering to the needs of both end-users and multiple tenants. Its vacant status provides a blank canvas for customization and immediate occupancy. The property's strategic location within Berkeley County, West Virginia, offers access to a robust workforce and established infrastructure. This is an exceptional chance to acquire a significant industrial asset in a thriving market, ripe for revitalization and tailored to meet specific business requirements. The property's size and location make it an attractive investment for businesses seeking a prominent presence in the Martinsburg area. Serious inquiries are encouraged to explore the potential of this substantial warehouse space. The property is ready for immediate occupancy and offers significant potential for a variety of industrial uses.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1993
Construction WOOD FRAME
Total area 121,452 SF
Lot 10.17 ac (443,005 SF)
APN 02-01- 5-0034.0000
UPID US94-0485399
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sanchez semi mobile service Auto Repair Shop
  • Spirit Halloween (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.05M
Comparable Approach Comparable
$9.45M
Blend (final) Blend
$9.61M
Owner & transaction history
AKMS
AKMS
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $10.9M +6.7%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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