Bought with Robert A. Johnson • Touchstone Realty, LLC
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Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WVBE185430
Sold Date 12/22/21
HOA Y/N N
Year Built 1900
Annual Tax Amount $3,291
Tax Year 2021
Lot Size 27.290 Acres
Acres 27.29
Property Sub-Type Land for Commercial Use
Source BRIGHT
Property Description
All utilities are in, water, sewer and roads. Location, location, location!! 27+ acres in PRIME spot right off of Edwin Miller Boulevard and just 1 minute from I-81 and downtown Martinsburg. This is the 2nd highest traffic count in BOTH Berkeley and Jefferson County!! Exceptional property with endless potential! Property has TIF (tax increment financing) available through the City of Martinsburg. TIF are funds that can be used to subsidy for redevelopment, infrastructure, and other community-improvement projects such as this one. Through the use of TIF, the city of Martinsburg can assist with diverting future property tax revenue increases, asset with infrastructure build out, and many other costly redevelopment items. Priced significantly less than appraised value!
Location
State WV
County Berkeley
Zoning MIXED USE
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Berkeley County Schools
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition REO (Real Estate Owned)
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