Property profile

0 Pointe Dr Fayetteville, WV 25840

OFF-MARKET
Lifestyle centers
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Property summary

AI-generated overview

This exceptional commercial real estate opportunity presents six build-ready lots ideally situated in Fayetteville, West Virginia, on Highway Route 19, a high-traffic thoroughfare boasting 30,000 vehicles daily. The property is located adjacent to a Walmart store reporting over $100 million in annual sales and a Lowe's, ranked #1 in its 14-store market for professional sales in 2022, ensuring high visibility and strong consumer traffic. The six available sites offer varying acreages: Site 1 (0.5 acres), Site 2 (0.5 acres), Site 3 (1 acre), Site 4 (0.8 acres), Site 5 (2 acres), and Site 6 (1.2 acres). All sites are grade level, flat, and utility stubbed to the property line, making them immediately ready for development. This location benefits from its proximity to Fayetteville's thriving tourism sector, fueled by the New River Gorge National Park & Preserve, which attracts nearly 2 million visitors annually. The area is experiencing significant growth, with over $50 million in new developments within a two-mile radius, directly attributed to the National Park's designation in 2021. Further enhancing the investment potential is a proposed multi-million dollar tourist resort development and a new four-story Hampton Inn currently under construction on an adjacent site. This prime location offers unparalleled potential for a variety of retail developments, capitalizing on the area's robust economy and burgeoning tourism industry. The property is zoned for commercial use and is offered for sale by owner.

Property profile

Verified
Property type Lifestyle centers

Cap rate & NOI

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

Location

Pointe Dr Fayetteville, WV 25840
Fayetteville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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