Property profile

8166 Williamsport Pike Falling Waters, WV 25419

OFF-MARKET
Land
Property ID
US94-0003399
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Property summary

AI-generated overview

This exceptional 6.23-acre commercial land parcel presents a remarkable development opportunity in Falling Waters, West Virginia. Strategically located on Route 11, just off Interstate 81, this property boasts convenient access to major transportation arteries. Public utilities are readily available on-site, simplifying infrastructure development. The location offers significant advantages, situated across from several large residential developments and near a thriving retail center anchored by a Food Lion grocery store, along with other established businesses such as Dollar General and Dunkin' Donuts. A recent boundary survey has been completed, and conceptual plans for hotel, retail, and multifamily developments are available, showcasing the property's versatility. While these uses are ideal, Berkeley County's favorable zoning and land use regulations allow for a wide range of possibilities. Currently, a small house on the property generates a monthly income of $700 under a month-to-month lease. The asking price for this prime development land is $1,200,000. This presents a unique chance to capitalize on the growth and potential of this high-traffic area in West Virginia. The property's address is 8166 Williamsport Pike, Falling Waters, WV 25419.

Property profile

Verified
Property type Land
UPID US94-0003399

Cap rate & NOI

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

Location

8166 Williamsport Pike Falling Waters, WV 25419
Falling Waters metro
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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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