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    Property profile & analytics

    1586 Winchester Ave Martinsburg, WV 25405-5025

    • Retail space
    • 5,624 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    $820,000
    Last Sale
    Sep 09, 2021
    $775,000
    Location Intelligence
    Property ID
    US94-0110475
    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

    • A Brighter Tomorrow Counseling / Counselor / Family Counselor
    • Impresa Modular / Home Builder

    Property Details for 1586 Winchester Ave

    Year built
    1961
    Construction
    WOOD FRAME
    Lot size
    0.59 lot acres
    Property size
    5,624 SF
    Property type
    Retail space
    APN
    02-01- 5K-0090.0001
    APU
    02015K00900001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $885,000

    • CAP approach

      CAP return
      Estimation
      6%
      $680,000
      6.5%
      $690,000
      7%
      $780,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $690,000
      Geo Method
      $650,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $625,000
      Retail
      $795,000
      Mixed-Use
      $695,000
      Hospitality
      $755,000
      Educational
      $715,000
      Residential Income
      $775,000
      Energy
      $660,000
      Income-Based Land
      $870,000
      Food Service
      $845,000

    Location Insight

    • Map
    • Local Demand
    City
    Martinsburg
    County
    Berkeley
    State
    West Virginia
    Longitude
    -77.9856
    Latitude
    39.4369
    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
    $7,416
    $70,800
    $231,360
    $302,160
    -
    $118,000
    $385,600
    $503,600

    Comparable in this City

    • Value Estimation
      $330,000
      1.42 Acres

      32 Sue Ct

      RETAIL STORES (PERSONAL SERVICES) • 1.42 Acres
      32 Sue Ct, Martinsburg, WV 25405-5250
      View Details
    • Value Estimation
      $420,000
      11,040 SF

      1230 Winchester Ave

      RETAIL STORES (PERSONAL SERVICES) • 11,040 SF
      1230 Winchester Ave, Martinsburg, WV 25405-5019
      View Details
    • Value Estimation
      $2,350,000
      0.99 Acres

      5611 Winchester Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.99 Acres
      5611 Winchester Ave, Martinsburg, WV 25405-2556
      View Details
    • Value Estimation by Request
      6,260 SF

      81 Snyders Ln

      RETAIL STORES (PERSONAL SERVICES) • 6,260 SF
      81 Snyders Ln, Martinsburg, WV 25405
      View Details
    • Value Estimation by Request
      7,200 SF

      1591 Winchester Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,200 SF
      1591 Winchester Ave, Martinsburg, WV 25405-5000
      View Details
    • Value Estimation
      $660,000
      9,600 SF

      36 Variform Dr

      RETAIL STORES (PERSONAL SERVICES) • 9,600 SF
      36 Variform Dr, Martinsburg, WV 25405-5500
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      114,587 SF

      Former K Mart Property

      Large retail space with high visibility and access.
      1287 Winchester Ave, Martinsburg, WV 25405
      View Details
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      5.85 Acres

      Prime Martinsburg Retail Land & Building

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      Martinsburg Commercial Land Near Airport

      1.12 acre commercial lot near Interstate 81 and airport.
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      Martinsburg Commercial Land Near Airport

      1.19 acre commercial lot near Interstate 81 and airport.
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Pad Sites For Rent

      Pad sites available at signalized intersection near Route 9.
      699 Charles Town Rd, Kearneysville, WV 25405
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    • $3,500 /Mo

      Restaurant Space Connected to Bowling

      3600 Sq Ft Bar/Restaurant Space for lease.
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      View Details
    • Contact for pricing
      17,000 SF

      Martinsburg Retail Space For Lease

      17,000 SF Retail Store - Available Now
      1289 Winchester Ave, Martinsburg, WV 25405
      View Details
    • Contact for pricing
      369,000 SF

      I-81 Exit 8 Industrial Site

      150-acre site with build-to-suit lease opportunity near I-81.
      500 Corning Way, Martinsburg, WV 25405
      View Details
    • $5 SF/Yr
      40,000 SF

      Warehouse with Secured Yard Space

      40,000 SF warehouse with modernized office and secured yard.
      694 Corning Way, Martinsburg, WV 25405
      View Details
    • Contact for pricing
      365,400 SF

      Martinsburg Warehouse Space Available

      365,400 square foot warehouse space for lease.
      4903 Winchester Ave, Martinsburg, WV 25405
      View Details
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    1586 Winchester Ave
    Martinsburg, WV 25405-5025
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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