Property summary
This exceptional 56.47-acre property in Berkeley County, West Virginia, presents a remarkable investment opportunity. Located off County Rte 13/1 in Martinsburg (zip code 25403), this fee-simple land boasts stunning views and is ready for development. Two conceptual renderings (October 2008) illustrate potential development scenarios. One plan outlines 138 lots (minimum 7,500 sq ft each), incorporating stormwater management, right-of-ways, a commercial lot, and common areas. A second plan envisions 210 lots, including 109 single-family homes (24.3 acres), 57 townhouses (2.8 acres), 12 duplexes, and 32 quad units (2.6 acres), plus dedicated areas for stormwater management, open space, and parking. The property benefits from access to public water and sewer, simplifying development. To ensure environmental compliance, a new Phase 1 environmental assessment will be completed upon acceptance of an offer. The gently rolling terrain offers picturesque valley views, creating a tranquil setting. The seller may consider a takedown schedule for phased development or sale. This property is priced at $2,750,000 ($48,698.42/acre) and offers significant potential for a thriving community or tailored investment.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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