4803 Gerrardstown Rd Inwood, WV 25428-3450
Property profile & analytics
4803 Gerrardstown Rd Inwood, WV 25428-3450
- Grocery and convenience stores
- 37,347 SF
- 5.21 lot acres
Property ID
US94-0671683
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
- Pizza Oven / Restaurant
- Subway / Take-out & Catering
- Valley Health Family Medicine | Inwood / Medical Clinic
- Brandy Millay / Physician
- Mrs. Diane Doty / Physician
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,015,000
- 6.5%
- $3,705,000
- 7%
- $3,440,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,887,000
- AI Estimate
- $4,332,000
Market price range: $1.38M - $5.89MMarket price range: $1.17M - $4.33M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $3,350,000 Current use
- COMMERCIAL (GENERAL)
- $3,655,000 Change: +9% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- 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
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
$63,565
$821,340
$1,768,500
$2,589,840
-
$1,368,900
$2,947,500
$4,316,400
