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    For Sale (31)

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    Rainelle, WV Commercial Opportunity
    $199,000
    3,041 SF

    Rainelle, WV Commercial Opportunity

    Multi-use commercial and residential building near future trail.

    439 Main St, Rainelle, WV 25962
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    Rupert, WV Wooded Land
    $40,000
    5.69 Acres

    Rupert, WV Wooded Land

    5.7+/- acre wooded property with road access.

    Anjean Rd, Rupert, WV 25984
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    Residential and Recreational Land Available
    $123,900
    16.51 Acres

    Residential and Recreational Land Available

    16.5 acre mountain property with residential and recreational possibilities.

    Iris Ln, Peterstown, WV 24963
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    Recreational Land in White Sulphur
    $47,500
    16.30 Acres

    Recreational Land in White Sulphur

    16.30 acres of recreational and hunting land.

    Tuckahoe Rd, White Sulphur Springs, WV 24986
    View details
    Versatile Commercial Building, Prime Location
    $496,500
    5,580 SF

    Versatile Commercial Building, Prime Location

    Office, retail, and warehouse space near The Greenbrier Resort.

    905 E Main St, White Sulphur Springs, WV 24986
    View details
    Wooded Acreage Near National Forest
    $30,000
    9.38 Acres

    Wooded Acreage Near National Forest

    9.385 acres near National Forest and Anthony's Creek.

    Pocahontas Trl, White Sulphur Springs, WV 24986
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    Wooded Land in Mountain Community
    Contact for pricing
    2.40 Acres

    Wooded Land in Mountain Community

    2.4+/- acres perfect for cabin, recreation, or mountain home.

    Gobblers Ln, Hillsboro, WV 24946
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    Residential Land in Lewisburg, WV
    $60,000
    0.46 Acres

    Residential Land in Lewisburg, WV

    Residential community lot near downtown Lewisburg.

    Brookside Dr, Lewisburg, WV 24901
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    Lewisburg Land with Development Potential
    $599,999
    212.00 Acres

    Lewisburg Land with Development Potential

    212 acres near Lewisburg, WV, suitable for residential or agricultural.

    Chestnut Flt Lot Rd, Lewisburg, WV 24901
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    Residential Lot in Gated Community
    $39,000
    1.07 Acres

    Residential Lot in Gated Community

    1.07-acre residential lot with utilities in gated community.

    White Rock Trl, Caldwell, WV 24925
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    Residential Land in Lewisburg, WV
    $55,000
    0.46 Acres

    Residential Land in Lewisburg, WV

    Residential land for custom dream home in new community.

    Brookside Dr, Lewisburg, WV 24901
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    Land Near Greenbrier River
    $100,000
    28.00 Acres

    Land Near Greenbrier River

    28 acres of wooded land near Greenbrier River Trail.

    Deeter Rdg Rd, Frankford, WV 24938
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    Lewisburg, WV Land Opportunity
    $64,900
    26.53 Acres

    Lewisburg, WV Land Opportunity

    26.53+/- acre property ideal for residential development.

    Stonehenge Pkwy, Lewisburg, WV 24901
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    Secluded Forested Land with Utilities
    $120,000
    26.90 Acres

    Secluded Forested Land with Utilities

    26+ acre property with utilities, well, and creek.

    6290 Hollywood Glace Rd, Union, WV 24941
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    Scenic Wooded Lot with Views
    Contact for pricing
    4.05 Acres

    Scenic Wooded Lot with Views

    4+/- acre wooded lot with mountain and valley views.

    Mill St, Peterstown, WV 24963
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    Residential Land in Gated Community
    Contact for pricing
    1.01 Acres

    Residential Land in Gated Community

    One acre residential lot in 'The Retreat' gated community.

    Wildwood Rdg, Caldwell, WV 24925
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    Versatile Corner Property in Lewisburg
    $322,000
    1,306 SF

    Versatile Corner Property in Lewisburg

    Highly visible corner property suitable for commercial, residential, or mixed-use.

    9485 S Seneca Trl, Lewisburg, WV 24901
    View details
    Commercial Property on Route 219
    $215,000
    0.32 Acres

    Commercial Property on Route 219

    Corner lot with high visibility and accessibility for various businesses.

    734 Maplewood Ave, Lewisburg, WV 24901
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    Versatile Commercial Building in Alderson
    $295,000
    6,862 SF

    Versatile Commercial Building in Alderson

    6,500+ sqft commercial building with potential for various uses.

    444 Elmwood Ave, Alderson, WV 24910
    View details
    Updated Commercial Space in Lewisburg
    $325,000
    3 SF

    Updated Commercial Space in Lewisburg

    Updated commercial space suitable for medical, wellness, or general office.

    8747 Seneca Trl S, Lewisburg, WV 24901
    View details
    144 Acres Near Moncove Lake
    $450,000
    144.00 Acres

    144 Acres Near Moncove Lake

    Land with meadows and forests near Moncove Lake State Park.

    144+/- Ac Moncove Lk Rd, Gap Mills, WV 24941
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    Lewisburg, WV Land For Sale
    $150,000
    14.77 Acres

    Lewisburg, WV Land For Sale

    14.77 acres of rolling forest land near downtown Lewisburg.

    Muddy Creek Mountain Rd, Lewisburg, WV 24901
    View details
    Maxwelton, WV Wooded Lots
    Contact for pricing
    0.59 Acres

    Maxwelton, WV Wooded Lots

    Two wooded lots totaling 0.59 acres in Longview Estates.

    Longview Estates Rd, Maxwelton, WV 24957
    View details
    Wooded Land Near Moncove Lake
    $40,000
    4.52 Acres

    Wooded Land Near Moncove Lake

    4.52+/- acres of wooded land near Moncove Lake.

    Moncove Lake Rd, Gap Mills, WV 24941
    View details
    Residential Land in Gated Community
    $40,000
    1.05 Acres

    Residential Land in Gated Community

    1+ acre lot with utilities in The Retreat community.

    Wildwood Rdg, Caldwell, WV 24925
    View details
    Residential Land in Gated Community
    $39,000
    1.16 Acres

    Residential Land in Gated Community

    1.16-acre lot in The Retreat, Caldwell, WV

    White Rock Trl, Caldwell, WV 24925
    View details
    Wooded Lot Near Moncove Lake
    Contact for pricing
    0.43 Acres

    Wooded Lot Near Moncove Lake

    0.43-acre wooded parcel with well near Moncove Lake.

    66 Sec, Gap Mills, WV 24941
    View details
    Mountain Property with Breathtaking Views
    $1,395,000
    285.88 Acres

    Mountain Property with Breathtaking Views

    285+ acres in Monroe and Greenbrier Counties with development potential.

    Cub House Rd, Caldwell, WV 24925
    View details
    Residential Land in Tara Subdivision
    Contact for pricing
    0.74 Acres

    Residential Land in Tara Subdivision

    Residential lot with utilities in established Summersville neighborhood.

    433 Ashley Ln, Summersville, WV 26651
    View details
    Renick, WV Wooded Building Lot
    $69,000
    3.19 Acres

    Renick, WV Wooded Building Lot

    Wooded lot with river access near Greenbrier River Trail.

    Lndg Jonah's, Renick, WV 24966
    View details
    Lewisburg Land in Stonehenge
    $58,000
    4.45 Acres

    Lewisburg Land in Stonehenge

    Gently rolling 4.45 acre lot near Lewisburg, West Virginia.

    Stonehenge Pkwy, Lewisburg, WV 24901
    View details

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    Greenbrier Real Estate Service
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Greenbrier Real Estate Service
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