Property summary
This exceptional 29.22-acre commercial land parcel presents a unique investment opportunity in Scott Depot, West Virginia, specifically located at 0 Hedrick Rd, zip code 25560. Currently listed at $1,008,000, this property boasts significant development potential. Pre-approved plans exist for a 144-unit apartment complex within the Devonshire community, streamlining the approval process for a multi-family residential project. The site's significant advantage includes readily available water and sewer infrastructure, eliminating substantial upfront infrastructure costs. However, the property's zoning allows for flexibility. With the necessary approvals from Putnam County, alternative development plans can be pursued, opening doors to a variety of commercial ventures. This prime location in Teays Valley offers convenient access to local amenities and transportation routes, making it an attractive proposition for both residential and commercial developers. The expansive acreage provides ample space for large-scale projects, ensuring significant return on investment. Serious inquiries are encouraged to explore the full potential of this exceptional property. Detailed site plans and zoning information are available upon request.
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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from $99/month
Cap rate
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from $99/month
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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