Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    Meet Realmo: The Largest Hub of Commercial Real Estate in the US

    Over 1 million active listings and over 150 million property profiles

    120 21st Street Huntington, WV 25703

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Mixed - Huntington, WV

    Property size:
    54,054 SF
    Price / SF:
    $0.19/SF
    Added:
    Dec 11, 2025
    Days on Market:
    145
    Last Refresh:
    May 5 at 8:06 am

    Property Features for 120 21st Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    7 & 8
    Size
    54,054 SF

    Building Details

    Year built
    1950
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Richelle Eddy Walters

    Listing agent Richelle Eddy Walters

    Listing office Century 21 Excellence Realty 4 Stonecrest Drive, HUNTINGTON, WV

    Listing date Dec 11, 2025

    MLS# 182805 Listing URL

    Copyright © 2026 Huntington Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Huntington Mixed-Use Investment Opportunity

    This 54,054 sq. ft. industrial complex is located in Huntington, WV, near Marshall University. The property is situated steps away from the upcoming shopping center, The Foundry, which will include a grocery store. Adjacent to the complex are Marshall's Baseball Field, Softball Complex, and Art Warehouse. Directly across the street are Marshall's Football Stadium and Sports Complex. A newly built strip mall featuring Buffalo Wild Wings is also within walking distance. The property includes a large basement and on-site parking, presenting an investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    S S Logan ... Butcher

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Huntington
    County
    Wayne
    State
    West Virginia
    Longitude
    -82.421804
    Latitude
    38.427707

    Nearby Similar for Sale

    • $349,000
      4,072 SF

      Downtown Huntington Office Space

      Historic downtown Huntington office space with ample room and amenities.
      999 4th Avenue, Huntington, WV 25701
      View Details
    • $995,000
      10,785 SF

      Historic Huntington Office Space Available

      Landmark Huntington office space with historic charm and modern amenities.
      999 4th Avenue, Huntington, WV 25701
      View Details
    • $300,000
      4,525 SF

      Established Automotive Repair Shop

      Automotive repair shop with equipment and parking in Huntington, WV.
      92 Washington Avenue, Huntington, WV 25701
      View Details
    • $3,500
      4,072 SF

      Downtown Huntington Office Space Available

      Historic downtown Huntington office space with grand entrance and ample amenities.
      999 4th Avenue, Huntington, WV 25701
      View Details
    • $650,000

      Commercial Building on Washington Blvd

      8,000 sq ft commercial building in high-traffic Huntington corridor.
      455 Washington Avenue, Huntington, WV 25701
      View Details
    • $359,500
      3,273 SF

      Versatile Triplex in Huntington, WV

      Two-story triplex with flexible layout, ideal for investors.
      1221 Norway Avenue, Huntington, WV 25705
      View Details
    • $285,000
      2,120 SF

      High Visibility Mixed-Use Property

      Versatile space near courthouse with parking and expansion potential.
      350 5th Avenue, Huntington, WV 25701
      View Details
    • $790,000

      Huntington Warehouse with Loading Dock

      Warehouse with loading dock, high traffic, easy access to Rt 64.
      1419 US Route 60 E, Huntington, WV 25705
      View Details
    • $399,900
      5,000 SF

      Versatile Commercial Space with Parking

      Adaptable commercial property with office suites and ample parking.
      2819 5th Avenue, Huntington, WV 25702
      View Details
    • $499,000

      Huntington Office Building on 5th

      Well-maintained office building with high visibility and flexible space.
      530 5th Avenue, Huntington, WV 25701
      View Details
    • $16

      Downtown Huntington Office Space

      Versatile office space in the Chase Bank Building.
      1000 5th Ave Suite 250, Huntington, WV 25701
      View Details
    • $2,750

      Downtown Huntington Professional Office Space

      Professional office space in downtown Huntington near Pullman Square.
      404 9th Street, Huntington, WV 25704
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - 54,054 sq. ft. complex near Marshall University.
    Where is this mixed-use property located?
    The property is located at 120 21st Street Huntington, WV.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Large 54,054 sq. ft. industrial complex.; Prime investment real estate location near Marshall University.; Close proximity to "The Foundry" shopping center (with grocery store).
    (304) 617-7851
    We can help!
    Listing Contact
    Richelle Eddy Walters
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    120 21st Street, Huntington, WV 25703
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!