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54 Acres Immediately Off I-81 - Development Opportunity - 54 (+/-) acres

54 Acres of Commercial Land Offered at $6,900,000 in Inwood, WV 25428

Investment Highlights

  • DEVELOPMENT OPPORTUNITY
  • CLOSE TO MAJOR TRAFFIC ROUTES AND MANY AMENITIES
  • NO ZONING RESTRICTIONS
  • EASILY ACCESSIBLE
  • ALL PUBLIC UTILITIES AVAILABLE

Executive Summary

There are multiple points of ingress/egress to this property including two off the main route, Gerrardstown Road, in front of McDonald’s and BP Gas Station/Convenience Store. Pilgrim Street now provides much better access to the property with the traffic circle in place instead of the former stop sign which made heading east on Gerrardstown Road from Pilgrim Street nearly impossible. Now, the site has a direct access point onto Gerrardstown Road (at a major access point and a secondary point) plus substantial frontage on Pilgrim Street which is now a truly viable access street.

Property Facts

Price $6,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Hospitality
  • Bank
  • Convenience Store
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
Total Lot Size 54.00 AC

1 Lot Available

Lot

Price $6,900,000
Price Per AC $127,778
Lot Size 54.00 AC

The subject property is located in a growing area of Berkeley County and is positioned less than 0.3 mile from I-81, Exit 5, and 0.6 mile from U.S. Highway 11. The site is comprised of two parcels of land consisting of 54 (+/-) acres.

Description

DEVELOPMENT OPPORTUNITY | Located conveniently to both I-81 and U.S. Highway 11, this property offers 54 (+/-) acres of undeveloped flat land. The subject property is highly visible from I-81 and is situated less than 0.3 mile away from Exit 5. The undeveloped land is in a great location and ideal for commercial users looking for a development opportunity while being surrounded by a plethora of residential communities. The property is close to many amenities. There are multiple points of ingress/egress to this property including two off the main route, Gerrardstown Road, in front of McDonald’s and BP Gas Station/Convenience Store. Pilgrim Street now provides much better access to the property with the traffic circle in place instead of the former stop sign which made heading east on Gerrardstown Road from Pilgrim Street nearly impossible. Now, the site has a direct access point onto Gerrardstown Road (at a major access point and a secondary point) plus substantial frontage on Pilgrim Street which is now a truly viable access street.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-6-00040000
Land Assessment
$117,670
Improvements Assessment
$1,200
Total Assessment
$118,870

zoning

Zoning Code No zoning
No zoning
  • Listing ID: 27935537

  • Date on Market: 3/9/2023

  • Last Updated:

  • Address: 54 Acres Immediately Off I-81, Inwood, WV 25428

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