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    31 Fork Creek Rd Nellis, WV 25142

    For Sale
    $199,000

    MULTI_FAMILY - Nellis, WV

    Type:Apartment
    Property size:
    12,122 SF
    Lot size:
    0.63 Acres
    Days on Market:
    117
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 31 Fork Creek Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Window features
    Wood Frames
    Rooms
    Basement
    APN
    04-017G-0024-0000-0000
    Appliances
    Oven, Range, Refrigerator
    Size
    12,122 SF
    Lot size
    0.63 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Natural Gas, Space Heater, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Number of units
    8
    Flooring type
    Hardwood
    Building materials
    Brick, Block
    Roof type
    Flat

    Boone Land & Realty (304) 687-1431 [email protected]

    Listing agent Debra Peters (304) 369-1112 License #0020891

    Listing date Aug 11, 2025

    MLS# 279674 Listing URL

    Copyright © 2025 Kanawha Valley 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

    Nellis Multifamily Building with Storefront

    This large block, stone, and brick building features eight rented units and a vacant space formerly used as a grocery store, which could accommodate various businesses. A four-year lease remains for the Nellis Post Office, which is located in the building. The property generates net income. Updates over the last 10 years include plumbing, electrical, and HVAC systems. Concrete support walls reinforce the structure, which also includes a full basement. Current rental rates range from $500 to $650 monthly. The property is situated on a 0.63-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    United States Postal ... Post Office

    Suggested Use

    Spa & Massage Hotel & Motel Gym & Fitness Department Store Skin Care Clinic Grocery Store Convenience Store Acupuncture

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

    Location Insight

    • Map
    • Local Demand
    City
    Nellis
    County
    Boone
    State
    West Virginia
    Longitude
    -81.743065
    Latitude
    38.150154

    FAQs

    What type of property is this?
    Apartment building - Multifamily property with rental units and vacant commercial space.
    Where is this apartment building located?
    The property is located at 31 Fork Creek Rd Nellis, WV.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Nellis Post Office lease in place with 4 years remaining, providing stable income.; - Large building with 8 rented units generating net income.; - Vacant store space suitable for various business ventures.
    (304) 369-1112
    Request Owner's contact information
    31 Fork Creek Rd Nellis, WV 25142
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    Nellis, WV 25142
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    Realmo Value Estimation

    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.

    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.

    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
    31 Fork Creek Rd Nellis, WV 25142
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