0 Dominion Rd, Gerrardstown, WV 25420
This exceptional 121-acre property in Gerrardstown, West Virginia, presents a remarkable opportunity for residential development. Located in South Berkeley County, this land boasts some of the region's best soil, making it ideal for building. The relatively flat terrain and minimal rock formations significantly simplify construction. Enjoy breathtaking mountain views while benefiting from the property's convenient location. Mill Creek flows through the property, adding a natural, scenic element. A preliminary plan outlines the potential for 46 residential lots, although the final layout is subject to Berkeley County approvals and can be customized to meet a buyer's vision. The seller is prepared to collaborate on subdivision design. While the listing focuses on the 121 acres in West Virginia, an additional 19 acres are situated on the Virginia side. All lot sizes are approximate. The asking price is $1,800,000, and the seller is open to reasonable offers. This property is ready for immediate development, offering a unique blend of natural beauty and exceptional development potential. The seller will provide access to the property via 4-wheel drive or UTV as needed.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.