Listing Agency: ARMES REAL ESTATE & LAND COMPANY INC. L***@armesrealestate.com Show Phone

Listed By: Lisa Armes · License #WVB230300912

Source: Crexi

Added: May 14 Changed: Aug 8 Last Checked: Jul 15 at 11:15PM

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Investment Insights

Based on property information with market context.

This 3.9-acre parcel is located at 58 Martin Lane, Russelville, WV 26880. Zoned B-3, the property is situated in southern West Virginia's outdoor recreation corridor, between Fayetteville and Hico. It offers access to the New River Gorge National Park & Preserve, Hawks Nest State Park, Babcock State Park, and the Meadow River Rail Trail. The tract features a mature woodland setting across from Bracken Creek, providing visual appeal and privacy. The topography supports residential construction, a mountain cabin, a tiny-home retreat, or a short-term rental venture. The property is suited for Airbnb/VRBO, eco-lodging platforms, boutique camping, or a mixed-use tourism model combining lodging, recreation, and small-scale commercial space. Public water is available from Danese PSD, with the option for a private well. The site offers access via Route 41 and Martin Lane, providing convenience for year-round homeowners, renters, or visitors exploring the region's ATV trails, climbing areas, hiking routes, and river.

Key Highlights

• Prime location near New River Gorge National Park & Preserve
• 3.9‑acre B‑3 zoned parcel suitable for various purposes
• Versatile B‑3 zoning allows for Airbnb/VRBO, eco‑lodging, boutique camping, or mixed‑use tourism development**

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

10

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Recreation Land with Creek Frontage

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Frequently Asked Questions

What type of property is this?

Commercial land - 3.9-acre B-3 zoned parcel near New River Gorge.

Where is this commercial land located?

The property is located at 58 Martin Lane Russelville, WV.

What is the asking price?

The asking price for this property is $48,000.

What are key features of this property?

This property features: Prime location near New River Gorge National Park & Preserve; 3.9‑acre B‑3 zoned parcel suitable for various purposes; Versatile B‑3 zoning allows for Airbnb/VRBO, eco‑lodging, boutique camping, or mixed‑use tourism development**