Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $4,640,000
    Grocery and convenience stores

    4803 Gerrardstown Rd, Inwood, WV 25428-3450

    37,347 SF 5.21 ac lot Built 1993
    Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US94-0671683
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 1993
    Total area 37,347 SF
    Lot 5.21 ac (226,948 SF)
    APN 02-07- 6-0016.0001
    UPID US94-0671683
    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
    • Pizza Oven Restaurant
    • Subway Take-out & Catering
    • Valley Health Family Medicine | Inwood Medical Clinic
    • Brandy Millay Physician
    • Mrs. Diane Doty Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $3.71M
    Comparable Approach Comparable
    $5.89M
    Blend (final) Blend
    $4.64M
    Owner & transaction history
    Hdw LLC · 8 yrs held
    Hdw LLC
    since 2018
    1 recorded transaction
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $3.7M +9.2%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 4803 Gerrardstown Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message