1287 Winchester Ave Martinsburg, WV 25405
Property profile & analytics
1287 Winchester Ave Martinsburg, WV 25405
- Outlet malls
- 121,452 SF
- 10.17 lot acres
Property ID
US94-0485399
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.
Location Intelligence
Current Use by Public Records
- Sanchez semi mobile service / Auto Repair Shop
- Spirit Halloween / (Bike/Boat/Book/etc) Store
Property Details for 1287 Winchester Ave
- Year built
- 1993
- Construction
- WOOD FRAME
- Lot size
- 10.17 lot acres
- Property size
- 121,452 SF
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 02-01- 5-0034.0000
- APU
- 201500340000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $13,055,000
- 6.5%
- $12,050,000
- 7%
- $11,190,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,450,000
- AI Estimate
- $7,306,000
Market price range: $3.81M - $19.0MMarket price range: $3.29M - $12.6M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $10,235,000 Current use
- COMMERCIAL (GENERAL)
- $10,915,000 Change: +7% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Martinsburg
- County
- Berkeley
- State
- West Virginia
- Longitude
- -77.9797
- Latitude
- 39.4397
- 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
$86,614
$1,332,080
$2,196,840
$3,528,920
-
$2,220,100
$3,661,400
$5,881,500
