Lutz Ave And Meridian Pkwy Martinsburg, WV 25404
- Land
- 3.46 lot acres
Current Use by Public Records
- Land
Property Details for 0 Lutz Ave And Meridian Pkwy
- Lot size
- 3.46 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Martinsburg
- County
- Berkeley
- State
- West Virginia
- Longitude
- -77.9593
- Latitude
- 39.4826
