Property profile

0 Nipetown Rd Martinsburg, WV 25403

OFF-MARKET
Land
15.8 ac lot
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Property summary

AI-generated overview

This exceptional 15.8-acre commercial land parcel in Martinsburg, West Virginia, presents a significant investment opportunity. Strategically located with over 1800 feet of frontage on I-81 and near established retail, this property offers unparalleled access and visibility. The land is comprised of four parcels: a main parcel with no tax record, and three additional parcels (23.16, 23.17, and 23.18) totaling 15.8 acres, with tax account numbers 07238095, 07238096, and 07238097 respectively. Parcel 23.16 encompasses 11.5 acres, Parcel 23.17 includes 2.01 acres, and Parcel 23.18 contains 2.29 acres. A 60-foot right-of-way off Nipetown Road provides convenient access. The property boasts a wooded landscape and features a water line running along I-81 and sewer access at the entrance of the right-of-way. Public water and sewer hookups are readily available. Zoned 112 (with no zoning description provided), the property is subject to standard special conditions. This prime location is ideal for a variety of commercial developments, including storage units, apartments, townhomes, warehouses, industrial facilities, or office space. The asking price is $599,900. This is a rare opportunity to acquire a substantial tract of land with excellent highway visibility in a growing market.

Property profile

Verified
Property type Land
Lot 15.8 ac (688,248 SF)

Cap rate & NOI

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

Location

Nipetown 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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