Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3950 Thorofare Rd Charleston, WV 25045

    Sponsored
    For Sale
    Contact for pricing

    LAND - Charleston, WV

    Lot size:
    0.39 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 23 at 2:06 pm

    Property Features for 3950 Thorofare Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    01-0013-0033-0000-0000
    Lot size
    0.39 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public
    Water front features
    Stream, Creek
    Water front
    1

    We can help!

    Listing Contact
    Nick Campbell
    Nick Campbell

    Real Estate Central, LLC (304) 776-7653

    Listing agent Nick Campbell (304) 201-7653 License #210301647

    Listing date Jan 20, 2026

    MLS# 281833 Listing URL

    Copyright © 2026 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.

    Learn more

    Overview

    Creekfront Lot Near Charleston, WV

    This 0.39-acre flat, creekfront lot is located in Clendenin, approximately 25 minutes from downtown Charleston, WV. The property is suitable for building a home or placing a manufactured home. All utilities are available.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Charleston
    County
    Kanawha
    State
    West Virginia
    Longitude
    -81.31752
    Latitude
    38.524296

    Nearby Similar for Sale

    • $1,995,000
      Pending

      Spacious Flex Warehouse in Charleston

      Renovated 68,872 SF flex warehouse with excellent highway access.
      1545 Hansford St, Charleston, WV 25311
      View Details
    • New
      $430,000
      5,000 SF

      Historical Mixed-Use Property Near Capital

      Multi-unit property with residential and commercial spaces near WV State Capital.
      1636 Kanawha Blvd E, Charleston, WV 25311
      View Details
    • $699,000
      10,000 SF

      Versatile Commercial Property in Charleston

      10,000 sq ft commercial space suitable for various business uses.
      3036 Washington St W, Charleston, WV 25387
      View Details
    • $850,000

      Renovated Office Building in Charleston

      Fully renovated two-story office building in downtown Charleston, WV.
      16 Capitol St, Charleston, WV 25301
      View Details
    • $349,900
      0.36 Acres

      Versatile Commercial Property Near Elk City

      25,000 sq ft commercial building suitable for various uses.
      416-418 Washington St W, Charleston, WV 25302
      View Details
    • New
      $199,900
      2,507 SF

      Renovated Duplex with Apartment Building

      Duplex and apartment building with rental income potential in Charleston.
      512 Maxwell St, Charleston, WV 25311
      View Details
    • $499,000
      Pending

      Downtown Building on Capitol Street

      Downtown Charleston building with high foot traffic and business potential.
      229 Capitol St, Charleston, WV 25301
      View Details
    • $319,900
      2,816 SF

      Ranch Home with Income Potential

      Charming ranch on 1.98 acres with rental income potential.
      5148 Big Tyler Rd, Charleston, WV 25313
      View Details
    • $185,000
      0.48 Acres

      Charleston Mixed-Use Opportunity Zone Property

      Unique mixed-use property with single-family residence in Charleston's East End.
      501 Elizabeth St, Charleston, WV 25311
      View Details
    • $179,000
      2,902 SF

      Charleston Triplex Near Kanawha Forest

      Three-unit apartment near Kanawha State Forest with on-site parking.
      14 Cheerful Ln, Charleston, WV 25304
      View Details
    • $259,000
      Pending

      Mixed-Use Property with Warehouse & Office

      Downtown Charleston mixed-use property with warehouse and office space for sale.
      1219 Pennsylvania Ave, Charleston, WV 25302
      View Details
    • $1,500,000
      9.59 Acres

      Versatile Charleston Property For Sale

      9.59 acre property with multiple residential options and development potential.
      100 Sand Hill Mobile Park, Charleston, WV 25312
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.39-acre creekfront lot suitable for building or manufactured home placement.
    Where is this residential land & home lot located?
    The property is located at 3950 Thorofare Rd Charleston, WV.
    What is the asking price?
    The asking price for this property is $13,000.
    What are key features of this property?
    This property features: - Creekfront lot offering waterfront living.; - Flat, 0.39-acre lot, ideal for building or placing a manufactured home.; - All utilities are available for easy setup.
    (304) 590-3002
    Request Owner's contact information
    3950 Thorofare Rd Charleston, WV 25045
    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.
    3950 Thorofare Rd
    Charleston, WV 25045
    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
    3950 Thorofare Rd Charleston, WV 25045
    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

    We can help!
    Listing Contact
    Nick Campbell
    Nick Campbell
    Real Estate License ID: 210301647
    (304) 590-3002
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.