Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land Parcel Title is generated by Realmo AI

    208 WILSON, Bluefield, WV 24701

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    COMMERCIAL - BLUEFIELD, WV

    Property size:
    5,024 SF
    Price / SF:
    $4/SF
    Added:
    Oct 17, 2025
    Days on Market:
    234
    Last Refresh:
    Jun 7 at 12:06 pm

    Property Features for 208 WILSON

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Bathroom 2, Bathroom 1
    Standard status
    Active
    APN
    28-03-0017-0697-0000
    Size
    5,024 SF

    Building Details

    Year built
    1910

    We can help!

    Listing Contact
    JANET COLLINS

    Listing agent JANET COLLINS License #30205

    Listing office OAK & STONE REALTY 42 Rich Creek Valley Rd, Peterstown, WV

    Listing date Oct 17, 2025

    MLS# 55627

    Copyright © 2026 Mercer Tazewell Co BOR. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Year built: 1910
    • Property includes the building plus additional parcels: 2 on the right side and 1 across the street used as a parking lot
    • Two additional parcels extend up the hill to the next street at the top
    • All contents inside convey with the property
    • Sold as‑is

    Overview

    This offering includes a building along with multiple additional parcels. Public remarks note that there are two parcels on the right side of the building and one parcel across the street that has been used as a parking lot. The additional parcels also extend up the hill to a street at the top.

    Access and layout are defined across these separate lots, with one parcel located across the street from the building and others continuing uphill to the next roadway at the upper end. The property is sold “as is,” and all contents inside the building are included with the sale.

    The mix of a building and several lots makes this parcel set workable for an owner-operator or buyer looking to assemble space for a small business or personal use where parking and hillside extension may factor into the site plan. The scope should be evaluated with the “as is” condition in mind, and buyers may want to review the additional parcels referenced in agent remarks to confirm the complete configuration for their intended use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bluefield
    County
    Mercer
    State
    West Virginia
    Longitude
    -81.2235052
    Latitude
    37.2651111

    Nearby Similar for Sale

    • $638,000
      52,100 SF

      Historic Bluefield Commercial Building

      Neo-Classical building in Bluefield, WV with investment potential.
      307 Federal St, BLUEFIELD, WV 24740
      View Details
    • $399,900
      3,000 SF

      Income-Producing Cabins Near ATV Trails

      5.75-acre property with four cabins near Hatfield-McCoy ATV Trails.
      280 Hidden Path Rd, BLUEFIELD, WV 24701
      View Details
    • $315,000
      32,400 SF

      Unique Mixed-Use Building in Bluefield

      Historic mixed-use building with redevelopment potential in Bluefield, WV.
      717 Scott Street, BLUEFIELD, WV 24740
      View Details
    • $119,900
      2,688 SF

      Bluefield WV Income Property

      Four-unit apartment building with income potential in Bluefield, WV.
      2019 FULTON STREET, BLUEFIELD, WV 24701
      View Details
    • $229,000
      3,648 SF

      Commercial Property in Bluefield, WV

      Commercial property for sale in Bluefield, West Virginia.
      3717 Cumberland Road, BLUEFIELD, WV 24701
      View Details
    • $298,700

      Commercial Property in Bluefield, WV

      Expansive commercial property in Bluefield, West Virginia, ready for development.
      128 North Street, Bluefield, WV 24701
      View Details
    • $225,000
      3,240 SF

      Commercial Building in Bluefield, WV

      Commercial building suitable for multiple businesses in Bluefield, WV.
      3180 E Cumberland Rd, BLUEFIELD, WV 24701
      View Details
    • $920,400

      Bluefield NNN Investment Opportunity

      NNN leased property with investment grade tenant in Bluefield.
      3104 E Cumberland Rd, Bluefield, WV 24701
      View Details
    • $149,900

      Commercial Lot in Bluefield, WV

      Commercial lot suitable for various business types in Bluefield.
      3720 Coal Heritage Rd, BLUEFIELD, WV 24701
      View Details
    • $249,000

      Bluefield Commercial Land For Sale

      Commercial land available in Bluefield, suitable for various development projects.
      3717 E Cumberland Rd, Bluefield, WV, 24701-5114
      View Details
    • $210,000

      Bluefield Commercial Property with Apartments

      Commercial building with apartments and road frontage on Airport Rd.
      520 Airport Rd, Bluefield, WV, 24701-7396
      View Details
    • $60,000
      3,200 SF

      Turnkey Worship or Event Center

      Versatile property suitable for worship, community gatherings, or events.
      2403 Bluefield Ave, Bluefield, WV
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Includes a building and multiple adjoining lots, including a parcel used as a parking area.
    Where is this residential land & home lot located?
    The property is located at 208 WILSON Bluefield, 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: Year built: 1910; Property includes the building plus additional parcels: 2 on the right side and 1 across the street used as a parking lot; Two additional parcels extend up the hill to the next street at the top
    (304) 320-8281
    We can help!
    Listing Contact
    JANET COLLINS
    Real Estate License ID: 30205
    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
    208 WILSON, BLUEFIELD, WV 24701
    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!