0 Kates Mtn Rd, Gap Mills, WV 24941
This exceptional 500-acre property, located on Kates Mountain Road in Caldwell, West Virginia (zip code 24941), presents a unique investment opportunity. Situated in Monroe County, this land boasts a tranquil setting, easily accessible via a scenic drive through the Greenbrier State Forest. The property features a small pond, expansive open land, and breathtaking views. Its versatile nature makes it ideal for a variety of uses, including a campground, hunting club, shooting range, or RV park. The land is part of a larger 3,000-acre auction encompassing 21 tracts, ranging in size from 4 to 1,200 acres. This particular 500-acre parcel offers significant potential for recreational or commercial development. Local schools serving the area include Mountain View Elementary and Middle School, and James Monroe High School. Please note that the listed price is a requirement of the MLS and does not reflect the actual sale price, as this property is part of an auction. Coordinates are 37.5651114 latitude and -80.3881333 longitude.
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
Similar Nearby for Sale
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.