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    Property profile & analytics
    OFF-MARKET Estimated value $2,580,000
    Retail space

    1289 Winchester Ave, Martinsburg, WV 25405-5018

    32,644 SF 2.16 ac lot Built 1994
    Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US94-0479022
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1994
    Total area 32,644 SF
    Lot 2.16 ac (94,090 SF)
    APN 02-01- 5-0034.0001
    UPID US94-0479022
    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
    • Spirit Halloween (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.85M
    CAP Approach CAP
    $3.24M
    Comparable Approach Comparable
    $2.60M
    Blend (final) Blend
    $2.58M
    Owner & transaction history
    1289 Win Martinsburg LLC · 6 yrs held
    1289 Win Martinsburg LLC
    since 2020
    Last sale
    $2.2M
    1 recorded transaction
    2020
    $2.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $2.9M +6.7%
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