Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Harpers Ferry Building Land Title is generated by Realmo AI

    GREY OWL Way lot 3, Harpers Ferry, WV 25425

    View on Map
    Claim this Listing
    For Sale
    $449,000

    LAND - HARPERS FERRY, WV

    Lot size:
    17.36 Acres
    Added:
    Jul 15, 2025
    Days on Market:
    310
    Last Refresh:
    May 20 at 10:06 pm

    Property Features for GREY OWL Way lot 3

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    1276

    We can help!

    Listing Contact
    Louise Gaylord McDonald

    Listing agent Louise Gaylord McDonald License #0030409

    Listing office Dandridge Realty Group, LLC 121 W Washington Street, Charles Town, WV

    Listing date Jul 15, 2025

    MLS# WVJF2018458 Listing URL

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

    HighLights

    • Over 17 acres of gently sloping building land.
    • Accessible via private road.
    • Less than 5 minutes from Shannondale Lake.
    • Proximity to Shenandoah River access at Wildlife Management Area.
    • Minutes to Loudoun County, VA, line for commuting.
    • Close to shopping, dining, and recreational activities in Charles Town and Harpers Ferry, WV.

    Overview

    This property features more than 17 acres of gently sloping building land, accessible via Grey Owl Lane or Howell Road. It is suitable for a private mountain retreat or potentially a small neighborhood. The property is less than 5 minutes from Shannondale Lake and the Shenandoah River access at the Wildlife Management Area. It is also located just minutes from the Loudoun County, VA line for commuting, as well as Route 340 towards Frederick, MD. Local shopping, dining, and recreational activities are available in Charles Town and Harpers Ferry, WV.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Harpers Ferry
    County
    Jefferson
    State
    West Virginia
    Longitude
    -77.7848
    Latitude
    39.3438

    Nearby Similar for Sale

    • $724,995
      3,623 SF

      Harpers Ferry Income Property

      Multifamily property with short-term rental income potential near Harpers Ferry.
      64-86-108 BEAMER Lane, HARPERS FERRY, WV 25425
      View Details
    • $68,000

      Harpers Ferry Land For Sale

      0.34-acre lot with septic system, water, and electric.
      170 TWILIGHT TIME Lane, HARPERS FERRY, WV 25425
      View Details
    • $30,000

      Harpers Ferry Land with Views

      Two lots totaling 0.83 acres with scenic views.
      SKYLINE TRL lot: 68-69, HARPERS FERRY, WV 25425
      View Details
    • $30,000

      Harpers Ferry Wooded Lots

      Four lots totaling 0.5 acres in Westridge Hills.
      RED MAPLE LANE, HARPERS FERRY, WV 25425
      View Details
    • $3,000,000
      8,944 SF

      Harpers Ferry Funeral Home Opportunity

      Established funeral home on 5.5 acres, adaptable for various uses.
      256 HALLTOWN ROAD, HARPERS FERRY, WV 25425
      View Details
    • $139,900

      Ready-to-Build Lot Near Harpers Ferry

      Flat 0.27-acre lot near train, historic Harpers Ferry.
      MEADOWBROOK ALY, HARPERS FERRY, WV 25425
      View Details
    • $19,000

      Harpers Ferry Wooded Lot

      0.30+/- acre wooded lot in West Ridge Hills community.
      SEC. B 1/2 MOUNTAIN TOP TRAIL, HARPERS FERRY, WV 25425
      View Details
    • $29,900

      Land in Harpers Ferry, WV

      Residential land for sale in Harpers Ferry, West Virginia.
      ESTES WAY, HARPERS FERRY, WV 25425
      View Details
    • $19,000

      Harpers Ferry Residential Lot

      0.26-acre lot ideal for getaway or full-time residence.
      SEC. B 4/5 MOUNTAIN TOP TRAIL, HARPERS FERRY, WV 25425
      View Details
    • $45,000

      Harpers Ferry Land Opportunity

      Double lot near Shenandoah River, Appalachian Trail, Mountain Lake.
      WOLFE HILL Road lot: 2 & 3, HARPERS FERRY, WV 25425
      View Details
    • $8,500

      Harpers Ferry Vacant Land

      0.17 acre lot in desirable Harpers Ferry community.
      0 Highview Rd, Harpers Ferry, WV 25425
      View Details
    • $53,000

      Harpers Ferry Wooded Lot

      Wooded 0.85-acre lot near Harpers Ferry and Shenandoah River.
      FAWN DRIVE lot: #62, HARPERS FERRY, WV 25425
      View Details

    FAQs

    What type of property is this?
    Land - 17+ acres suitable for retreat or small neighborhood development.
    Where is this land located?
    The property is located at GREY OWL Way lot 3 Harpers Ferry, WV.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: Over 17 acres of gently sloping building land.; Accessible via private road.; Less than 5 minutes from Shannondale Lake.
    (304) 616-1543
    We can help!
    Listing Contact
    Louise Gaylord McDonald
    Real Estate License ID: 0030409
    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

    Thank You for Inquiry
    GREY OWL Way lot: 3, HARPERS FERRY, WV 25425
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!