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Property profile & analytics
OFF-MARKET
Land

2-Lots Pendleton/Tavern Rd Martinsburg, WV 25401

0.87 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering encompasses two lots totaling 0.87 acres, strategically located in Martinsburg, West Virginia. The property boasts a highly desirable location near West Virginia University Hospital and Interstate 81, ensuring excellent visibility and accessibility. One lot enjoys prominent frontage on Tavern Road, while the other is conveniently situated behind it on Pendleton Road, offering potential for various development scenarios. The combined lots are easily visible from the Tavern Road/Rock Cliff intersection, maximizing exposure to a high volume of traffic. The surrounding area is characterized by a mix of medical facilities and a nearby strip mall, creating a thriving commercial environment. The land itself is level and features readily available city water and sewer connections, simplifying development plans. The property is zoned Business Local, opening up a range of development possibilities. The neighborhood includes a mix of medical offices and multi-family residential units, suggesting a diverse and established community. This prime location, combined with its convenient amenities and favorable zoning, presents a unique opportunity for investors and developers seeking a high-impact commercial investment in a rapidly growing area. The asking price is $359,000.

Property profile
Verified
Property type Land
Lot 0.87 ac (37,897 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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