Property profile

00 Hedrick Rd Teays Valley, WV 25560

OFF-MARKET
Land
23.5 ac lot
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Property summary

AI-generated overview

This exceptional 23.5-acre commercial land parcel, situated at 00 Hedrick Rd, Scott Depot, West Virginia, 25560, presents a compelling investment opportunity. Currently listed at $869,900, this property boasts pre-approved plans for the construction of 70 patio homes within the established Devonshire community. The expansive acreage offers significant potential for a variety of development projects, providing flexibility for the discerning buyer. While the existing approval is for patio homes, alternative uses are possible, subject to obtaining the necessary approvals from Putnam County. The property's location in Scott Depot, within Putnam County, West Virginia, offers convenient access to local amenities and transportation networks. This is a rare chance to acquire a substantial land holding in a desirable location, ready for immediate development or future planning. The existing approval for residential development minimizes initial planning hurdles, while the potential for alternative uses ensures long-term value and adaptability. Detailed site plans and zoning information are available upon request. This is an ideal opportunity for developers, investors, or builders seeking a prime location for a profitable venture.

Property profile

Verified
Property type Land
Lot 23.5 ac (1,023,660 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

00 Hedrick Rd Teays Valley, WV 25560
Teays Valley metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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