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    OFF-MARKET
    Land

    0 Nipetown Rd, Martinsburg, WV 25403

    15.8 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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