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    OFF-MARKET
    Commercial real estate

    8166 Williamsport Pike, Falling Waters, WV 25419

    Property ID
    US94-0003399
    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 Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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