0 Nipetown Rd, Martinsburg, WV 25403
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.
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
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.