Property profile

0 Kates Mtn Rd Gap Mills, WV 24941

OFF-MARKET
Land
500 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 500 ac (21,780,000 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Kates Mtn Rd Gap Mills, WV 24941
Gap Mills metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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