54_AC Inwood Marketing Flyer [Targeted Presentation] Wegmans

DETAILED PRESENTATION
PREPARED FOR:
NEW 54 ACRE DEVELOPMENT
INWOOD, WV 25428
FOR LEASE / SALE

LOCATION OVERVIEW
Located immediately along a primary retail and commuter corridor, this subject development is positioned
within 0.3 mile of both I-81 (Exit 5) and U.S. Highway 11. The location offers exceptional visibility to I-81 traffic
traveling both north and south and offers significant street frontage with multiple access points available.
Subject Location
Distance to Major cities:
0-60 Minutes:
Martinsburg, WV - 8 miles
Charles Town, WV - 15 miles
Hagerstown, MD - 24 miles
Winchester, VA - 25 miles
Frederick, MD - 40 miles
Leesburg, VA - 42 miles
60-120 Minutes:
Cumberland, MD - 67 miles
Washington, DC - 77 miles
Baltimore, MD - 95 miles
Harrisburg, PA - 103 miles
120-180 Minutes:
Lancaster, PA - 125 miles
Richmond, VA - 151 miles
Morgantow, WV - 161 miles
Pittsburgh, PA - 196 miles
180+ Minutes:
Philadelphia, PA - 202 miles
Wheeling, WV - 226 miles
New York, NY - 267 miles
Charleston, WV - 312 miles
02 DEVELOPMENT OPPORTUNITY • 54 [+/-] ACRES • INWOOD, WV

SUGGESTED RETAILER:
47,200+ AADT
(Annual Average Daily Traffic , 2023)
EXIT 5
COMING SOON
8,800 AADT
(Annual Average Daily Traffic , 2022)
22,600+ AADT
(Annual Average Daily Traffic , 2023)

24
12
42
8
42
12
14
32
11
42
28
42
28
12
42
20
13
20
42
20
20
20
24
11
16
16
16
36
16
16
47
28
28
28
28
28
29
30
20
14
14
14
10
SAMPLE PLOT PLAN
EXISTING PROPERTY LINE
LOCATION MAP
INTERSTATE
70
INTERSTATE
68
RECEIVING
FORE BAY
40
INTERSTATE
81
ACCESS ROAD
AREA
PROPOSED BIG
BOX RETAILER
±91,000 SF
±390 PARKING SPACES
4+ SPACES PER 1,000 SF
380' FRONTAGE
TRUCK ROUTE
240'
TRUCK TURN
POND BUFFER ZONE
MAIN BAY
TRUCK ROUTE
522
45
11
INTERSTATE
81
51
9
INTERSTATE
70
340
15
RT 81
±1100' FRONTAGE ALONG RT 81
PERMISSABLE
OUTPARCEL
AREA
± 8.8 ACRES
outparcel
size and
configuration
may vary
DUNKIN
EXISTING EXISTING
BP GAS McDONALDS
STATION
EXISTING OUTPARCEL PROPERTY LINES ARE APPROXIMATE
FUTURE "DUNKIN DRIVE"
GERRARDSTOWN ROAD
SW
POND
x PARKING SPACES
±
8.1 acres
±64'
±60'
±40'
±60'
±40'
±64'
±40'
MINI STRIP
MALL
± 2.7 ACRES
ROUTE 51
NEW DRIVEWAY
FORMER
FOOD LION
RELOCATED
EXIST
WAFFLE
HOUSE
243 PARKING SPACES
±80'
CENTER
OUTPARCEL
±80'
±60'
±80'
±60'
±60'
± 2.9 ACRES
outparcel size and
configuration may vary
EXIST
CAR WASH
EXISTING
BURGER KING
EXISTING OUTPARCEL PROPERTY
LINES ARE APPROXIMATE
PROPOSED BIG
BOX RETAILER
±167,000 SF
±669 PARKING STALLS
(+132 GAS STATION
PARKING STALLS)= 701
5+ SPACES PER 1,000 SF
455' FRONTAGE
± 18.5 ACRES
42 SPACES
TRANSFORMER
CONTROLLER
ENCLOSURE
89 PARKING SPACES
24' 18'
UNDERGROUND
TANKS
CANOPY
CURB CUT
PILGRIM STREET
STORMWATER
MANAGEMENT
ENTRY/EXIT
DRIVE,
CURB CUT
ENTRY/EXIT DRIVE,
CURB CUT
EXISTING
DEAD-END
ROAD
POND
± 1.2 ACRES
WINCHESTER AVENUE ROUTE 11
TRUCK AND
FIRE LANE
ACCESS
50 522
INTERSTATE
81
37
DEVELOPMENT DATA
ANCHOR STORES
PROPOSED BIG BOX RETAILER---------167,000 SF
PROPOSED BIG BOX RETAILER-----------91,000 SF
TOTAL ANCHOR STORES-----------------258,000 SF
OUTPARCELS
MINI-STRIPMALL---------------------15,360 SF
THREE-BOX OUTPARCEL------------14,400 SF
(4,800 SF EA)
TOTAL OUTPARCEL LEASABLE AREA----29,760 SF
OVERALL LEASABLE AREA--------------287,760 SF
TOTAL PARKING PROVIDED---------±1,596 VEHICLES
TOTAL LAND AREA-----------------------±54 ACRES
PLOT PLAN
54 ACRE SITE
PILGRIM STREET. & GERRARDSTOWN ROAD
INWOOD, WV 25428
BERKELEY COUNTY
50
7
MAIN ENTRANCE CURB CUT
"DUNKIN' DRIVE"
MANAGED BY
REVISIONS
DATE: 08.23.2023
0 50 100 200 FT
SCALE
PP-1
04
DEVELOPMENT OPPORTUNITY • 54 [+/-] ACRES • INWOOD, WV

The nearest Wegmans is located
in Fredrick, MD, 56.9 miles
(55 minute drive) from the
subject location.

AREA RESIDENTIAL GROWTH
Spring Hill (387 single family homes)
Townes of Topaz (45 Townhomes)
Genesis Drive (14 Townhomes)
Inwood Meadows (173+ Single Family Homes)
Webber Springs (185+ Single Family Homes)
Foley Springs (137 Single Family Homes, 182 Townhomes)
Morning Dove Estates (130+ Single Family Homes)
McCauley Crossing (100+ Single Family Homes, 115+ Townhomes)
Trout Run (119 Townhomes)
Boyd's Crossing (60 Townhomes)
Elizabeth Station (235+ Single Family Homes)
Highpointe (58 Single Family Homes)
Sylvan Grove (56+ Single Family Homes)
Stoney Ridge (110+ Single Family Homes)
Bentwood Estates (130+ Single Family Homes)
Springdale Farm (200+ Single Family Homes)
Tabler Estates (120+ Single Family Homes)
Tabler Station Manor (148 Townhomes)
Mills Farm (124 Single Family Homes, 94+ Townhomes)
Mill Creek Village (90+ Single Family Homes)
South Brook (76 Single Family Homes)
Inwood Village (128 Townhomes, 75+ Single Family Homes)
< $199,000 $400,000 - $499,000
$200,000 - $299,000 $500,000+
$300,000 - $399,000 Rental
06
DEVELOPMENT OPPORTUNITY • 54 [+/-] ACRES • INWOOD, WV

11

DEMOGRAPHICS & KEY FACTS
3 MILE RADIUS
18,101 319 13,265 $219,844 $31,951 $67,190 1.57% 37.6
Total
Population
Businesses
Daytime
Population
Median Home
Value
Per Capita
Income
Median
Household
Income
2020-2022
Pop Growth Rate
Median Age
KEY SPENDING FACTS
$5,000
$4,000
$3,000
$2,000
$1,000
$2,373
$962
$1,955
$2,999
$615
$0
Travel Transportation Apparel Entertainment Furniture
08
DEVELOPMENT OPPORTUNITY • 54 [+/-] ACRES • INWOOD, WV

These infographics contain data provided by Esri, Esri and Bureau of Labor Statistics Esri and Data Axle.
The vintage of the data is 2023, 2028. Spending facts are average annual dollar per household.
5 MILE RADIUS 10 MILE RADIUS
33,595 468 23,289 $228,416 101,695 2,376 90,912 $251,876
Total
Population
Businesses
Daytime
Population
Median Home
Value
Total
Population
Businesses
Daytime
Population
Median Home
Value
$33,470 $69,610 1.80% 39.0 $35,163 $67,754 1.11% 39.8
Per Capita
Income
Median
Household
Income
2020-2022
Pop Growth
Rate
Median Age
Per Capita
Income
Median
Household
Income
2020-2022
Pop Growth
Rate
Median Age
KEY SPENDING FACTS
KEY SPENDING FACTS
$3,138 $3,223
$3,000 $3,000
$2,441
$2,019
$2,477
$2,000 $2,000
$2,078
$983
$1,000 $634 $1,000
$998
$642
$0 $0
Travel Transportation Apparel Entertainment Furniture
Travel
Transportation
Apparel
Entertainment
Furniture
BLACK DIAMOND REALTY 09

MAJOR LOCAL EMPLOYERS
FORTUNE 500 & INTERNATIONAL COMPANIES
Ideally situated at the I-81 Corridor, Berkeley County is the Eastern Panhandle of West Virginia’s premier location for a
new business or a development project. At 5,121 businesses strong and growing, Berkeley County is home to many
Fortune 500 and international companies, including:
INTERNATIONAL
The Clorox Company champions
people to be well and
thrive every single day. Its
trusted brands, which include
Brita®, Burt's Bees®, Clorox®,
Fresh Step®, Glad®, Hidden
Valley®, Kingsford®, Liquid-Plumr®,
Pine-Sol® and
Rainbow Light®, can be found
in about nine of 10 U.S. homes
and internationally with brands
such as Ajudin®, Clorinda®,
Chux® and Poett®.
Headquartered in Oakland,
California, since 1913, Clorox
was one of the first U.S.
companies to integrate ESG
into its business reporting, with
commitments in three areas:
Healthy Lives, Clean World and
Thriving Communities.
FedEx Corp (FedEx) is a
provider of transportation,
e-commerce and business
services. It offers time-definite
delivery services and international
trade services such
as customs brokerage, and
global ocean and air freight
forwarding.
The company provides
small-package ground delivery
services, residential delivery
services, less-than-truckload
(LTL) freight services, in-store
services and other business
solutions. It has a market
presence across various
countries and territories in
North America, South and
Central America, Asia-Pacific,
the Middle East, and Europe.
Procter & Gamble is an American
consumer goods giant
specializing in a wide range
of personal care and hygiene
products. P&G was founded
in 1837 by brothers-in-law
William Procter, a candlemaker,
and James Gamble, a
soapmaker. Today the company
manufactures well-known
household products, including
Crest, Charmin, Tide, Oral-B,
Bounty, Febreze, Downy,
and Gain.
In 2014, P&G dropped around
100 of its brands to make a
concentrated effort on the
remaining 65, which produced
95% of the company’s profits.
In 2020, P&G announced plans
for its operations to be climate
neutral by 2030, extending
a previous goal to reduce
emissions by half over the
next 10 years.
From their humble beginnings
as a small discount retailer
in Rogers, Ark., Walmart has
opened thousands of stores in
the U.S. and expanded internationally.
Through innovation,
they're creating a seamless
experience to let customers
shop anytime and anywhere
online and in stores. They are
creating opportunities and
bringing value to customers
and communities around the
globe.
Walmart operates approximately
10,500 stores and
clubs under 46 banners in 24
countries and eCommerce
websites. They employ 2.3
million associates around the
world — nearly 1.6 million in
the U.S. alone.
INTERNATIONAL
INTERNATIONAL
Source:
https://www.thecloroxcompany.com/
Source:
https://www.globaldata.com/
company-profile/fedex-corp/
Source:
https://fortune.com/company/
procter-gamble/
Source:
https://corporate.walmart.com/about
10
DEVELOPMENT OPPORTUNITY • 54 [+/-] ACRES • INWOOD, WV

EMPLOYMENT IN BERKELEY COUNTY
In the last year, the employment rate in West Virginia has increased by
3.8%, giving businesses 26,000 new employees. With an unemployment
rate of 2.7%, Berkeley County’s workforce continues to stay well
above the national and state averages, providing businesses an
excellent opportunity to acquire and retain qualified talent. Even
more skilled workers will be able to serve businesses across the
county as more people locate to Berkeley County.
Since January 2021, there has been a 17.90% increase in new businesses in
Berkeley County. The Bureau of Business & Economic Research at the West
Virginia University College of Business & Economics reports that this economic
growth is expected to continue through 2023.
In November and December of 2022, 158 new businesses were registered in
Berkeley County. As they join the business community, they gain support from
local leaders and education institutions.
EASTERN PANHANDLE ECONOMIC OUTLOOK
• The EPH has posted the largest population increase of any region in the
state in recent decades by far. Over the past 20 years, the EPH has gained
61,000 residents and surpassed 200,000 residents in 2021.
• We expect employment to grow at an average annual rate of between 0.7
to 0.8 percent per year in the EPH through 2027.
• The EPH population is expected to grow at a rate of 1.1 to 1.2 percent annually
in the coming years, led mostly by gains in Berkeley County's population.
• Unemployment in the region has fallen sharply over the past two years and
set a new all-time low at just below 2 percent in spring 2022.
• Procter & Gamble's manufacturing plant added nearly 1,400 jobs and
fostered the co-location of several hundred new jobs in packaging, logistics
and other supporting businesses at the Tabler Station campus. More recently,
the region received an additional boost in payrolls following the mid-2021
and fall-2022 openings of Rockwool and Clorox manufacturing facilities in
Jefferson and Berkeley counties, respectively.
• Procter & Gamble's production facility has represented a major transformative
shift in the Eastern Panhandle's industrial base. The $500 million facility
along the 1-81 corridor in Berkeley County produces a range of consumer
cleaning and personal products, including Swiffer, Tide, and various
soaps and deodorants. Overall, the facility now employs more than
1,600 workers and has spawned the addition of several hundred jobs at
packaging and logistics operations in the area.
• Indeed, the region's labor force now totals more than 100,000 residents
over the age of 16 and has increased by roughly 17,00 since early-2010.
In terms of official workforce participation, the region has nearly twothirds
of its residents aged 16 years and older working or actively
looking for work, surpassing both statewide and national averages.
• The Eastern Panhandle has consistently ranked as West Virginia's fastest-growing
region for the past two decades. Between 2001 and 2021,
Berkeley, Jefferson and Morgan counties combined to add nearly 64,000
residents.
• The local population also tends to possess higher levels of educational
attainment. Twenty-five percent of the region's population aged 25
years and older held at least a bachelor's degree during 2020. Jefferson
County contained the highest share of college graduates in the region,
with nearly one in three of the county's residents aged 25 years and
older possessing a bachelor's degree or higher.
Sources:
https://www.developmentauthority.com/pages/choose-berkeley-county/
https://www.developmentauthority.com/2023/01/20/propelling-into-2023-berkeley-county-economic-growth-continues/
The Eastern Panhandle Economic Outlook 2023-2027, 2022 by WVU Research Corporation
TOP 10 EMPLOYERS IN BERKELEY COUNTY
Berkeley County Board of Education, Macy's, United States Department of Veterans Affairs, Quad
Graphics, Procter & Gamble, Walmart, Orgill, Berkeley County Commission, FedEx, Aker Solutions.
FULFILLMENT
CENTER
BLACK DIAMOND REALTY 11

EXIT 5
Aerial Facing North.
Aerial Facing West.
EXIT 5
Aerial Facing West.
Aerial Facing North.
12
DEVELOPMENT OPPORTUNITY • 54 [+/-] ACRES • INWOOD, WV

EXIT 5
Aerial Facing North.
BLACK DIAMOND REALTY 13

EXIT 5
Aerial View Facing East.
14
DEVELOPMENT OPPORTUNITY • 54 [+/-] ACRES • INWOOD, WV

EXIT 5
Aerial Facing West.
BLACK DIAMOND REALTY 15

CONTACT
BLACK DIAMOND REALTY LLC
1209 N. Queen Street
Martinsburg, WV 25404
P. 304.901.7788 | F. 304.599.3285
BlackDiamondRealty.net
CONTACT
A2Z REAL ESTATE
231 Market Street
Johnstown, PA 15901
P. 814.254.4004
A2ZREInc.com
PRIMARY CONTACT
SECONDARY CONTACT
PRIMARY CONTACT
SECONDARY CONTACT
David Lorenze, Principal
M. 304.685.3092
dlorenze@blackdiamondrealty.net
Kim Licciardi, Senior Associate
M. 304.685.0891
klicciardi@blackdiamondrealty.net
Joe Anthony, Co-Founder & CEO
M: 814.242.7969
Steve Zamias, Co-Founder & CFO
M: 814.525.2057