Property profile

1806 Hedgesville Rd Martinsburg, WV 25403

OFF-MARKET
Land
27.3 ac lot
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Property summary

AI-generated overview

Exceptional opportunity to acquire 27.3 acres of commercial land in Martinsburg, West Virginia. This strategically located property boasts easy access to I-81 Exit 16, less than 1.3 miles away, ensuring high visibility and convenient access for businesses. The site is zoned C, and Hedgesville Road (Rt 9), where the property is situated, is slated for widening to a four-lane road, significantly increasing traffic flow and exposure. Currently, the area experiences an annual average daily traffic count of 17,300 vehicles. Infrastructure improvements are planned, including the installation of a paved road and the extension of water and sewer lines directly to the lot. The lot size and design are still adjustable to meet specific business needs. Further enhancing its appeal, future residential development is planned across Rt 9, creating a synergistic environment. The seller is open to providing some site work at an additional cost. This presents a unique opportunity for developers and businesses seeking a prime location with excellent growth potential. Additional parcels are also available. The asking price is $2,320,500, representing a land value of $85,000 per acre.

Property profile

Verified
Property type Land
Lot 27.3 ac (1,189,188 SF)

Cap rate & NOI

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

Location

1806 Hedgesville Rd Martinsburg, WV 25403
Martinsburg metro
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Value estimations

Realmo proprietary · 4 methods
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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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