99w Herbert Ave @ Hwy Clay, WV 25133
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.