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    Tbd Hedrick Rd Teays Valley, WV 25560

    Sponsored
    For Sale
    $275,000

    3.63 Acres, Townhouse Approved

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 3.63-acre commercial land parcel presents a unique investment opportunity in the desirable Devonshire community of Scott Depot, West Virginia. Located on TBD Hedrick Road, zip code 25560, this pad-ready site is approved for the construction of eleven townhouses. All necessary groundwork has been completed, including the installation of a stormwater management facility. Detailed, permit-ready building plans are included with the sale, streamlining the development process and minimizing potential delays. The property's location within the established Devonshire community offers immediate access to existing infrastructure and amenities, making it an ideal site for quick development and high occupancy rates. The asking price for this turnkey development opportunity is $275,000. This represents a significant value proposition for developers seeking a readily developable site in a thriving West Virginia market. The property's size and pre-approved plans make it an attractive investment for both experienced developers and those new to the market. Don't miss this chance to acquire a prime commercial land parcel in a highly sought-after location. Act quickly to secure this exceptional investment opportunity.

    Property Features for 0 Tbd Hedrick Rd

    General Information

    Property type
    Land
    Lot Size
    158,123 SF

    HighLights

    • 3.63‑acre land parcel located at TBD Hedrick Rd, Scott Depot, WV 25560.
    • Offered at $275,000.
    • 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
    -81.8901074
    Latitude
    38.4452547

    Nearby Comparable

    • $1,008,000

      29.22 Acres Approved Apartments

      29.22 acres approved for 144 apartments.
      Hedrick Rd, Scott Depot, WV 25560
      View Details
    • $869,900
      23.50 Acres

      23.5 Acres in Scott Depot

      23.5 acres approved for 70 patio homes.
      00 Hedrick Rd, Scott Depot, WV 25560
      View Details
    • $1,008,000
      29.22 Acres

      29.22 Acres Approved Apartments

      29.22 acres approved for 144 apartments in Scott Depot.
      Hedrick Rd, Scott Depot, WV 25560
      View Details
    • $275,000
      3.63 Acres

      Approved Land For Townhouses

      Land approved for 11 townhouses in Scott Depot, WV.
      Tbd Hedrick Rd, Scott Depot, WV 25560
      View Details

    FAQs

    What type of property is this?
    Land - 3.63 Acres, Townhouse Approved
    Where is this land located?
    The property is located at Tbd Hedrick Rd Teays Valley, WV.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: 3.63-acre land parcel located at TBD Hedrick Rd, Scott Depot, WV 25560.; Offered at $275,000.; Listed by Old Dominion Realty Inc.
    Request Owner's contact information
    Tbd Hedrick Rd Teays Valley, WV 25560
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    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
    Tbd Hedrick Rd Teays Valley, WV 25560
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