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Property profile & analytics
OFF-MARKET
Land

0 Lutz Ave And Meridian Pkwy Martinsburg, WV 25404

3.46 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.46-acre commercial land parcel presents a unique investment opportunity in Martinsburg, West Virginia. Strategically located at the intersection of Lutz Avenue and Meridian Parkway, this property boasts convenient access to major transportation arteries. It's situated just 0.9 miles from Interstate 81, a high-traffic thoroughfare with a daily volume of 53,000 vehicles, and close to WV-9, carrying 28,000 vehicles daily. The location offers easy commutes to nearby Hagerstown, MD (20 minutes) and Winchester, VA (30 minutes), expanding market reach and accessibility. Utilities are already on-site, simplifying development and reducing upfront costs. The property's versatility allows for a wide range of development possibilities, including medical facilities, self-storage units, office spaces, retail establishments, mixed-use retail/office complexes, hospitality ventures, or multi-family housing. The asking price for this prime commercial land is $695,000. This presents a compelling opportunity for investors and developers seeking a well-positioned site with significant growth potential in a thriving area. The property is zoned for commercial use in Berkeley County, WV, zip code 25404.

Property profile
Verified
Property type Land
Lot 3.46 ac (150,718 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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