Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Hedrick Rd Teays Valley, WV 25560

    Sponsored
    For Sale
    $1,008,000

    West Virginia commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 29.22-acre commercial land parcel presents a unique investment opportunity in Scott Depot, West Virginia, specifically located at 0 Hedrick Rd, zip code 25560. Currently listed at $1,008,000, this property boasts significant development potential. Pre-approved plans exist for a 144-unit apartment complex within the Devonshire community, streamlining the approval process for a multi-family residential project. The site's significant advantage includes readily available water and sewer infrastructure, eliminating substantial upfront infrastructure costs. However, the property's zoning allows for flexibility. With the necessary approvals from Putnam County, alternative development plans can be pursued, opening doors to a variety of commercial ventures. This prime location in Teays Valley offers convenient access to local amenities and transportation routes, making it an attractive proposition for both residential and commercial developers. The expansive acreage provides ample space for large-scale projects, ensuring significant return on investment. Serious inquiries are encouraged to explore the full potential of this exceptional property. Detailed site plans and zoning information are available upon request.

    Property Features for 0 Hedrick Rd

    General Information

    Property type
    Land
    Lot Size
    1,272,823 SF

    HighLights

    • 29.22‑acre land parcel located at 0 Hedrick Rd, Scott Depot, WV 25560.
    • Offered at $1,008,000.
    • Listed by Old Dominion Realty Inc.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Teays Valley
    County
    Putnam
    State
    West Virginia
    Longitude
    -81.9025501
    Latitude
    38.4488018

    FAQs

    What type of property is this?
    Land - West Virginia commercial land, ideal for development.
    Where is this land located?
    The property is located at Hedrick Rd Teays Valley, WV.
    What is the asking price?
    The asking price for this property is $1,008,000.
    What are key features of this property?
    This property features: 29.22-acre land parcel located at 0 Hedrick Rd, Scott Depot, WV 25560.; Offered at $1,008,000.; Listed by Old Dominion Realty Inc.
    Request Owner's contact information
    Hedrick Rd Teays Valley, WV 25560
    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.
    Hedrick Rd
    Teays Valley, WV 25560
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Hedrick Rd Teays Valley, WV 25560
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.