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Gerrardstown Rd, Inwood, WV, 25428

$6,900,000

54.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #WVBE2017078
Lot Size54.00 Acres
StatusActive
(ACTIVE)

About Gerrardstown Rd

All public utilities are available to the site. 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. 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. Along I-81 there is an average daily traffic count of 47,200+ vehicles per day and over 22,600 vehicles per day along Gerrardstown Road. (Source ©2023 Esri) Inwood is located within the Shenandoah Valley, near the Virginia and Maryland borders. Major cities like Philadelphia, Pittsburgh, Baltimore, and Washington D.C. are all within a three-hour drive of Inwood, WV. Located just outside the city limits of Inwood, this property is positioned in the Mill Creek District of Berkeley County. The site is comprised of two parcels of land consisting of 54 (+/-) acres. The property is identified as Mill Creek District, Tax Map 6, Parcels 4 and 3. This can be referenced in Deed Book 827, Page 339 and Deed Book 264, Page 604. There are no zoning restrictions. The subject land is within 5 miles of the Eastern West Virginia Regional Airport, 8.5 miles to Martinsburg, 9.5 miles to WVU Medicine Berkeley Medical Center, 11 miles to Ranson/Charles Town, WV and 13 miles to Winchester, VA.

Property Details

Property Features

Listing Office:

  • Office Name: Black Diamond Realty, LLC
  • Office Phone: (304) 901-7788
  • Listing Agent: Mark J. Nesselroad

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  • Virtual Tour: Gerrardstown Rd

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Lot Features

Lot Information:

  • Lot Size: 54.00 Acres

Other

Directions Information:

  • Directions: Positioned less than 0.3 mile from I-81, Exit 5, and 0.6 mile from U.S. Highway 11. Head southwest on I-81 S Take exit 5 for WV-51 toward Inwood At the traffic circle, take the 4th exit onto WV-51 E At the traffic circle, take the 1st exit and stay on WV-51 E Continue straight to stay on WV-51 E At the traffic circle, take the 3rd exit onto Pilgrim St Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,900,000
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Housing Market Comparison

See how this home compares to others in Inwood, WV.

Med. Sold Price

$305K

Med. Price/SqFt

$187

Avg. Days On Market

18

# of Sold Homes

10

Gerrardstown Rd vs Inwood

399 DAYS ON ROCKET

+381 Days

$6,900,000

+$6.5M More

KEY TAKEAWAY

This property is $6.5M more than the Median Sold Price in Inwood, WV.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #WVBE2017078

Listing Office:

  • Office Name: Black Diamond Realty, LLC
  • Office Phone: (304) 901-7788
  • Listing Agent: Mark J. Nesselroad

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 8:10:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 05, 2016Home Sold
$63,500

History based on county public records data.

Payment Calculator

$34.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$20.7K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-555676
5
/10
  • Mountain Ridge Intermediate School

  • 2691 Gerrardstown Rd

  • 1.39 miles

  • Public District Grades 3-5

school-card-donut-555677
3
/10
  • Bunker Hill Elementary School

  • 58 Happy School Ave

  • 2.62 miles

  • Public District Grades PK-3

school-card-donut-555678
4
/10
  • Winchester Avenue Elementary School

  • 650 Winchester Ave

  • 7.70 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,114. Residents of Inwood, WV typically earn between $35k-100k each year. The majority of families are married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About Gerrardstown Rd

What is the listing price of this property?

The listing price of Gerrardstown Rd property is $6,900,000.

What type of property is this?

The property Gerrardstown Rd is land located in Inwood, West Virginia, 25428.

Is this property for sale now?

Active Listing: Gerrardstown Rd is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on January 5, 2016 for $63,500. (source: MLS/tax record).

How much acreage is this property?

The property Gerrardstown Rd is 54.00 acres.
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Rocket HomesWest VirginiaBerkeley CountyInwood25428Gerrardstown Rd

This home is located at Gerrardstown Rd in Inwood, WV and zip code 25428. This home sits on a 54.00 acre lot. It has been listed on Rocket Homes since March 23, 2023 and is currently priced at $6,900,000.

In March 2024, from all listings sold in Inwood, WV there were more than 1 sold above asking price, over 5 sold below and more than 4 were sold right at the asked price. Between February 2024 and March 2024, Inwood, WV real estate market has seen increase in the number of listings by 3.8%. In March 2024 median list price was $305,000 and the average listing age was 18 days.

From Rocket Homes Real Estate and based on county public records data.

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