Property summary
This exceptional 20-acre commercial property, located at 414 Milroy Grose Rd, Lansing, WV 25862, presents a unique investment or owner-user opportunity. Strategically situated at the exit of Route 19, this land boasts high visibility and convenient access to the renowned New River Gorge and Bridge. The asking price is $1,500,000, translating to $60,000 per acre. The property includes existing structures, adding significant value to the offering. These structures comprise a former restaurant building and a 2,500 square foot warehouse featuring three roll-up doors, ideal for various commercial uses. Two cabins are also situated on the property. This versatile land parcel offers tremendous potential for a wide range of development projects, capitalizing on its prime location and existing infrastructure. The expansive acreage provides ample space for future expansion and development, making it an attractive proposition for businesses seeking a prominent presence in a rapidly growing area. This is a rare opportunity to acquire a substantial commercial land parcel in a highly desirable location. The combination of location, size, and existing structures makes this property a compelling investment. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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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