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    892 Pleasant Vly Rd Herndon, WV 24726

    Sponsored
    For Sale
    $172,500

    A/F Over 3 acres - HERNDON, WV

    Lot size:
    73.00 Acres
    Days on Market:
    36
    Last Refresh:
    Feb 28 at 10:06 pm

    Property Features for 892 Pleasant Vly Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    73.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Laura Collins
    Laura Collins

    Old Colony of Beckley (304) 610-6766

    Listing agent Laura Collins (304) 255-6555

    Listing date Jan 24, 2026

    MLS# 93034 Listing URL

    Copyright © 2026 Beckley Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Appalachian Wilderness Hunting and Recreation

    Pleasant Valley Retreat encompasses 73 acres of Appalachian wilderness, accessible via a private gated road. The property provides seclusion, habitat diversity, and varied terrain suitable for hunting. Mature stands of oak, maple, and poplar offer forage and cover for deer, turkey, black bear, and small game. Milam Fork Creek flows year-round through the lower portion of the property, attracting wildlife and enhancing natural hunting corridors. Several meadows provide locations for stands, blinds, food plots, or temporary camp setups, and the topography allows hunters to utilize wind, elevation, and movement patterns. The property connects to an internal trail system, suitable for ATV or foot exploration. Multiple Hatfield-McCoy Trail systems, including Pinnacle Creek, Indian Ridge, Pocahontas, and Warrior, are accessible within minutes, providing access to riding terrain. Electric service is on site, and public water is available at the gate. Several natural cabin or camp sites offer future improvement options. Located in Southern West Virginia, this property offers hunting ground, riding opportunities, and privacy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Herndon
    County
    Wyoming
    State
    West Virginia
    Longitude
    -81.3691
    Latitude
    37.513

    FAQs

    What type of property is this?
    Hunting land - 73 acres of Appalachian wilderness ideal for hunting and recreation.
    Where is this hunting land located?
    The property is located at 892 Pleasant Vly Rd Herndon, WV.
    What is the asking price?
    The asking price for this property is $172,500.
    What are key features of this property?
    This property features: - 73 acres of Appalachian wilderness with mature forests and diverse wildlife, ideal for hunting trophy deer, turkey, bear, and small game.; - Direct access to established internal trail system for ATV/UTV/hiking and proximity to multiple Hatfield-McCoy Trail systems for extensive riding opportunities.; - Year-round Milam Fork Creek enhances wildlife habitat and hunting corridors.
    (304) 941-5696
    Request Owner's contact information
    892 Pleasant Vly Rd Herndon, WV 24726
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    Herndon, WV 24726
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    892 Pleasant Vly Rd Herndon, WV 24726
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    We can help!
    Listing Contact
    Laura Collins
    Laura Collins
    (304) 941-5696 (304) 255-6555
    Learn more
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