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    1173 Poca Road Looneyville, WV 25259

    View on Map
    New
    For Sale
    $449,000

    Farm / Farmhouse, Residential - Looneyville, WV

    Type:Farm
    Property size:
    2,688 SF
    Lot size:
    150.00 Acres
    Added:
    Apr 7, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 8 at 12:06 am

    Property Features for 1173 Poca Road

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Zoning
    100
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Living Room
    Parking features
    Garage
    Appliances
    Dishwasher, Refrigerator, Washer
    Standard status
    Active
    APN
    Smithfield Dist. TM 22 Parcel 26
    Size
    2,688 SF
    Lot size
    150.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1206

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1930
    Year renovated
    1930
    Floors in Building
    2
    Flooring type
    Hardwood
    Building materials
    Vinyl Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Jennifer Nichols

    Listing agent Jennifer Nichols

    Listing office Board-DePue Realty Co., LLC 343 Main St, Spencer, WV

    Listing date Apr 7, 2026

    MLS# 11687310 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Farmhouse on 150 Acres

    Located in Looneyville, WV, this property features a charming two-story farmhouse built in 1930, set on 150 acres. The 2,688 square foot home includes 5 bedrooms and 2 full baths, a living room, dining room, kitchen, mudroom, laundry room, cellar, and breezeway. The interior showcases original tongue-and-groove wormy chestnut woodwork, hardwood floors, beadboard ceilings, and original built-in cabinetry. The kitchen is equipped with double ovens. A water softener system and an updated metal roof are also included. The property features a covered front porch, a stocked pond, a creek, rolling pasture, bottom land, and woodland suitable for hunting or recreation. A 500 sq ft cabin is located on a hilltop, offering privacy and scenic views. Additional structures include a detached 20x20 wood garage with a concrete floor and a 20x12 open-bay equipment shed. The property has a drilled well and conveys free gas rights. Situated on a paved county road, the property is 30 miles from Charleston, making it suitable for commuters seeking rural living. The property is zoned 100 and is suited for a hobby farm.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Looneyville
    County
    Roane
    State
    West Virginia
    Longitude
    -81.250351
    Latitude
    38.65946

    FAQs

    What type of property is this?
    Farm - Charming 5-bedroom farmhouse on 150 acres in Looneyville, WV.
    Where is this farm located?
    The property is located at 1173 Poca Road Looneyville, WV.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: 150 acres +/-, diverse land: stocked pond, creek, pasture, bottom land, and woodland.; Spacious 2,688 sq ft farmhouse features 5 bedrooms and 2 full baths.; Rare, original tongue‑and‑groove wormy chestnut woodwork and other original features.
    (304) 927-3250
    We can help!
    Listing Contact
    Jennifer Nichols
    Learn More
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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
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