Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    155 Budding Dogwood Road Bunker Hill, WV 25413

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $194,000

    5.04-acre parcel ideal for development or long-term investment.

    Type:Land / Fee Simple
    Lot size:
    5.04 Acres
    Added:
    Oct 7, 2025
    Days on Market:
    194
    Last Refresh:
    Mar 13 at 5:37 pm

    Property Features for 155 Budding Dogwood Road

    General Information

    Standard status
    Active
    Lot size
    5.04 Acres
    Property subtype
    Land / Fee Simple

    We can help!

    Listing Contact
    Channing Estelle Sherfey

    Listing agent Channing Estelle Sherfey License #WVS210301688

    Listing office Hoffman Realty

    Listing date Oct 7, 2025

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Hoffman Realty

    Overview

    Spacious Land Parcel Investment Opportunity

    This 5.04-acre parcel of land presents an investment opportunity suitable for future development or long-term holding. The lot's size allows for planning and the location provides access to amenities and growth areas. The existing structure has been completely gutted, offering the option to remodel or remove it. The property is minimally restricted and has no active HOA. Caution is advised when touring the property due to a downed power line and the condition of the gutted double wide structure. The sellers cannot warrant the condition of any of the operating systems on the property. According to previous owners, the well and septic systems were functional when they last resided on the property, though the dates are unknown. A pipeline easement runs along the back of the property. The property is located in Berkeley County, outside of city limits, and is part of the Berkeley County Schools district.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bunker Hill
    County
    Berkeley
    State
    West Virginia
    Longitude
    -78.0485
    Latitude
    39.3176

    Nearby Similar for Sale

    • $395,000
      1,309 SF

      Income-Producing Mixed-Use Property For Sale

      Mixed-use property with duplex and commercial tenants in growing area.
      1697 Middleway Pike, BUNKER HILL, WV 25413
      View Details
    • $1,100,000

      Unrestricted Land Parcel with Potential

      Unrestricted 18.64-acre parcel with development potential in Bunker Hill, WV.
      2648 MIDDLEWAY PIKE, Bunker Hill, WV 25413
      View Details
    • $1,875,000
      35,000 SF

      35,000 SF Versatile Commercial Property

      35,000 SF commercial space with no zoning restrictions.
      144 Runnymeade Rd, BUNKER HILL, WV 25413
      View Details
    • $225,000

      Route 11 Development Opportunity

      0.93 acre parcel on Route 11 near I-81.
      11715 Winchester Ave, BUNKER HILL, WV 25413
      View Details
    • $3,772,000

      94.30 Acres Development Opportunity

      94.30 acres suitable for residential or mixed-use development.
      MISH RD, BUNKER HILL, WV 25413
      View Details
    • $194,000

      Spacious Land Parcel Opportunity

      5.04-acre land parcel ideal for development or investment.
      155 Budding Dogwood Rd, BUNKER HILL, WV 25413
      View Details
    • $13,160,000

      188 Acres Near I-81 Corridor

      188 acres in Berkeley County with high visibility.
      11784 Winchester Ave, Bunker Hill, WV
      View Details

    FAQs

    What type of property is this?
    Land - 5.04-acre parcel ideal for development or long-term investment.
    Where is this land located?
    The property is located at 155 Budding Dogwood Road Bunker Hill, WV.
    What is the asking price?
    The asking price for this property is $194,000.
    What are key features of this property?
    This property features: Expansive 5.04‑acre parcel of land.; Prime investment opportunity with potential for future development.; Strategic location with easy access to essential amenities and future growth areas.
    (304) 279-5545
    We can help!
    Listing Contact
    Channing Estelle Sherfey
    Real Estate License ID: WVS210301688
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!