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Property profile & analytics
OFF-MARKET
Land

99w Herbert Ave @ Hwy Clay, WV 25133

13.35 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity encompasses three parcels totaling approximately 57 acres of land in Clay County, West Virginia, near the intersection of SW Herbert Ave and Hwy 99W, zip code 25133. The property, currently zoned as Flexible Industrial (with a pending zoning change to LI-O), consists of three tax lots: 1250001500 (13.35 acres), 1250001600 (13.78 acres), and 1250001700 (27.14 acres). Individual parcel pricing is available: $910,000 for lots 1250001500 and 1250001600, and $1,595,000 for lot 1250001700. The total asking price for all three parcels is $2,850,000. Note that the parcels are currently in a Farm Tax Deferral program. A portion of the property is leased to a local farmer until July 15, 2025. Prospective buyers are responsible for conducting their own due diligence, including verifying zoning information and understanding the implications of the pending zone change and the existing lease. If purchased separately, the initial buyer is responsible for developing necessary infrastructure and arranging reimbursement from subsequent buyers. This presents a unique opportunity for industrial development or strategic land acquisition in a rapidly evolving area. The property's location offers convenient access to key transportation routes.

Property profile
Verified
Property type Land
Lot 13.35 ac (581,526 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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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