10,559 SQ FT IN RALEIGH COUNTY, WV
See Property Details Below
****Update: Please note that this property is heavily discounted since there is an old house on the lot that needs to be cleared in the near future. There’s no demolition lien on the property, but the county has received some complaints in the past. Because of this issue, we are not offering owner financing for this lot.****
Situated in Raleigh County, this lot is located near the town of Beckley, one of the most affordable places to live in the US.
The Appalachian Mountains are Beckley’s backyard and the metro is a prime spot for all kinds of outdoor recreation.
Beckley is also a cultural hub, ranking as one of Smithsonian Magazine’s top 20 Small Towns for cultural enrichment.
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt, U.S. president
The lot has access via Cobb Street, a public road.
The property is about 15 minutes to New River Gorge National River, 25 minutes to the Glade Springs Resort Golf Course, 1 hour and 5 minutes to Charleston and 2 hours and 10 minutes to Roanoke. There are many recreational opportunities in the area, including fishing and hunting, hiking and camping.
“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” – Andrew Carnegie, billionaire industrialist
According to our research, the lot is zoned Rural Residential, which allows for residential uses including mobile homes.
CASH PURCHASE PRICE $2,999 + $395 DOCUMENT FEE
We accept personal checks, cashier’s checks, money orders and Zelle.
HOLD PRICE $25
For $25 we can hold the property for you for 72 hours while you decide whether you want to purchase. If you buy the property, this will count toward the purchase price.
TITLE AND USE
What you can or cannot legally do on the land is controlled by the local government, not by us or any seller. Please contact the county, providing them with the parcel number, to confirm zoning, access, and available utilities.
ABOUT RALEIGH COUNTY
According to VisitWV.com, “Raleigh County, considered the Hub of Southern West Virginia, is home to Beckley, The City with a Mine of Its Own. Raleigh County is also home to several great parks including Little Beaver State Park where you can fish, camp and paddleboat and Lake Stephens where you can swim, camp, fish, boat, bike and hike! Grandview Park, a unit of the New River Gorge National River, hosts a dramatic overlook of the New River Gorge and is complemented by the seasonal outdoor drama presentations by Theatre West Virginia.”
Address:179 Cobbs St
Center-point GPS Coordinates: 37.7926, -81.1877
GPS Boundary Coordinates (appox.):
NE: 37.7927, -81.1874
NW: 37.7928, -81.1879
SW: 37.7926, -81.188
SE: 37.7925, -81.1875
General Elevation: ~2340 feet
TAXES ARE PAID AND CURRENT
Annual taxes are $110.22. Taxes have been paid through 2019 and no back taxes are owed.
“Buy on the fringe and wait. Buy land near a growing city! Buy real estate when other people want to sell. Hold what you buy!” – John Jacob Astor, real estate and business mogul
FREQUENTLY ASKED QUESTIONS
Are there any improvements on the lot? There are the remains of an old house on the lot.
What utilities are available? Our understanding is that public water, sewer and electricity are available. Please contact Raleigh County for more information.
Can you build on the property? Please contact Raleigh County for more information on obtaining a building permit.
What kind of deed will I receive? You will receive a special warranty deed, which means the seller is guaranteeing that the property wasn’t encumbered during the time of his/her ownership.
How many people can be included on the deed? You can have as many people listed on the deed as you would like.
Can the deed be made out to an LLC? Yes, the deed can be made out to an LLC or corporation.
Does the property come with mineral rights? We buy all of our properties assuming that we only have the surface rights. In order to determine whether a particular property has mineral rights, you will usually need to hire a title company to run a mineral rights search going all the way back to the original homestead.
“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” – Marshall Field, entrepreneur
We completed an extensive due diligence process on this lot, but we recommend you do your own research as well. Take the time to get to know your new property before purchasing – it could remain in your family for generations!
“Buy land, they’re not making it anymore.” – Mark Twain, writer and humorist
Our mission is to offer high quality properties at reasonable prices, provide maximum transparency and always strive to do the right thing.
If you are interested in land investing, you can check out our article on How to Get Started in Land Investing.