Commercial Development Site

9600 Winchester Ave Bunker Hill, WV 25413

9600 Winchester Ave, Bunker Hill, WV, 25413
9600 Winchester Ave, Bunker Hill, WV, 25413 9600 Winchester Ave, Bunker Hill, WV, 25413 9600 Winchester Ave, Bunker Hill, WV, 25413 9600 Winchester Ave, Bunker Hill, WV, 25413
FOR SALE
Property Type:
Other Land
Amount:
$795,000
Last Verified:
Sep 21, 2024

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Highlights

  • HIGH VISIBILITY - Highly visible parcel on US Route 11
  • GREAT ACCESS - Direct curb cuts, east access from both lanes
  • STRONG TRAFFIC COUNTS - Over 12,000 Vehicles per Day in the immediate area
  • LARGE PARCEL - 1.76 Acres of Unrestricted Commercial Land
  • APPEALING DEMOGRAPHICS - 1-mile population of 3,892 with an average household income of $89,556, 3-mile population of 18,978 with an average household income of $93,849
  • LIMITED COMPETITION - No major Gas Stations or C-Stores within a 1.5 mile radius of the site
  • ATTRACTIVE LOCATION - Located off of Interstate 81, which crosses the Eastern Panhandle region, linking Virginia to Maryland. Bunker Hill is just south of Martinsburg, WV and about a 20 minute drive north of Winchester, VA

Description

Great development opportunity for an Owner/User. Best possible uses include a Gas Station, C-store, Car Wash or Retail property. The property is located at 9600 Winchester Avenue in Bunker Hill, West Virginia on a large, 1.76 Acre site. The site has excellent visibility and should have great access with multiple curb cuts. The site is a smaller town type with a density of about 7,200 people in the 1.5-mile trade area. Medium age is about 37 and the average income level is around $89,556. The demographics in the area show a growth curve which is a positive sign for the C-store potential. The daily traffic volume on Winchester is approximately 10,100 vehicles with an additional 2,240 from Henshaw Rd, indicating significant business potential along this corridor. This opportunity is further enhanced by the limited competition in the vicinity, particularly given the absence of any major competitors in C-store and gas operations within a 1.5-mile radius of the location.

Discover the potential of Bunker Hill, WV! Situated at the crossroads of convenience and opportunity, the area surrounding the property is ideal for prospective office and office building investors. With its close proximity to Interstate 81, the property offers seamless access to the major East Coast markets. Nearby, tenants can enjoy the vibrant retail and dining scene, with prominent attractions like Bunker Hill Park and the historic town of Winchester just a short drive away. This prime location promises to attract top talent and provide a compelling work-life balance for tenants. Don't miss the chance to be a part of this dynamic commercial hub.


Year Built: 1985
Lot Size: 1.76 acres


Documents

OM - Commercial Development Site - Bunker Hill, WV.pdf

Map of 9600 Winchester Ave, Bunker Hill, WV, 25413

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.