Property profile

519 Winchester Ave Martinsburg, WV 25401

OFF-MARKET
Retail space
Property ID
US94-0202176
4,339 SF 0.3 ac lot Built 1984
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1200 square foot commercial space in Martinsburg, West Virginia, becomes available October 1st. Ideally situated just blocks from the revitalized Interwoven Mill Redevelopment Project and Foxcroft Avenue, this property enjoys a high-traffic location with over 10,000 daily passersby. Originally configured for retail, the space is perfectly adaptable for office use, offering a versatile layout to suit a variety of business needs. Current tenants are vacating by the end of May, potentially sooner, presenting a timely opportunity for immediate occupancy. The all-inclusive lease significantly simplifies operations by covering essential utilities such as electricity, water, sewer, trash removal, landscaping, and snow removal. Tenants are solely responsible for internet service and rental insurance. This prime location within a rapidly developing area of Martinsburg offers unparalleled exposure and accessibility. The property's strategic placement at the heart of bustling commerce makes it an ideal choice for businesses seeking high visibility and convenient access to a large customer base. Seize this chance to establish your business in a thriving and dynamic environment. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Construction WOOD FRAME
Total area 4,339 SF
Lot 0.3 ac (12,937 SF)
APN 02-06- 13-0484.0000
UPID US94-0202176

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Barber Shop
  • (Bike/Boat/Book/etc) Store
  • Insurance Agency
  • Barber Shop
  • Insurance Agency

Location

519 Winchester Ave Martinsburg, WV 25401-2649
Martinsburg metro Census 971700 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2018
2 recorded transactions
2023
Price N/A
2018
$150,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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