Add Listing
    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

    400 Parkway Road South Charleston, WV 25309

    View on Map
    For Sale
    $1,240,000

    SINGLE_FAMILY - South Charleston, WV

    Type:Office
    Property size:
    6,243 SF
    Lot size:
    2.35 Acres
    Added:
    Apr 21, 2025
    Days on Market:
    346
    Last Refresh:
    Apr 1 at 3:06 am

    Property Features for 400 Parkway Road

    General Information

    Property type
    Residential
    Property subtype
    Office
    Parking features
    Off Street
    Standard status
    Active
    APN
    20-0009-006E-0008-0001
    Size
    6,243 SF
    Lot size
    2.35 Acres

    Taxes and HOA fees

    TaxDescription
    Lt DSouthridge Centre & Pt 30-88/100BTWN Middle & Trace Cont 2/29/100A
    TaxAnnualAmount
    18027

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1995
    Floors in Building
    1
    Flooring type
    Carpet
    Building materials
    Brick, Drywall
    Roof type
    Composition, Shingle

    We can help!

    Listing Contact
    Drema Davis
    Drema Davis

    Listing agent Drema Davis License #0020927

    Listing office Old Colony 3751 Teays Valley Road, Charleston, WV

    Listing date Apr 21, 2025

    MLS# 277813

    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.

    Overview

    South Charleston Office Building For Sale

    This 6,243 square foot office building is located in South Charleston, WV, in close proximity to Cabela's, restaurants, and shops in the Southridge Corridor G. The property, situated on a 2.35-acre lot, features multiple office rooms, a kitchen, and a large open room with high ceilings. Updates have been completed within the last 5 years. A large generator is included to provide full electrical power in case of power loss. This location presents a business opportunity for a variety of businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    South Charleston
    County
    Kanawha
    State
    West Virginia
    Longitude
    -81.7187538
    Latitude
    38.3130461

    Nearby Similar for Sale

    • $649,000

      Renovated Commercial Property For Sale

      Meticulously renovated commercial property with modern amenities and high-end finishes.
      1522 Oakhurst Drive, South Charleston, WV 25314
      View Details
    • $450,000
      2,352 SF

      Mixed-Use Property in South Charleston

      Move-in ready mixed-use property with commercial and residential potential.
      4014 MacCorkle Avenue SW, South Charleston, WV 25309
      View Details
    • $625,000
      2,350 SF

      South Charleston Commercial Building For Sale

      Versatile commercial building in high-traffic area, suitable for various uses.
      4803 Kentucky Street, South Charleston, WV 25309
      View Details
    • $325,000
      7,375 SF

      Mixed-Use Building on MacCorkle Avenue

      Mixed-use property with retail and apartments on MacCorkle Avenue.
      4833 MacCorkle Avenue SW, South Charleston, WV 25309
      View Details
    • $325,000

      Mixed-Use Building on MacCorkle Avenue

      High-visibility mixed-use building with retail and apartments for sale.
      4833 MacCorkle Avenue SW, South Charleston, WV 25309
      View Details
    • $119,900
      1,400 SF

      Office with Rental Apartment

      Office space with additional income from a two-bedroom apartment.
      126 & 126 1/2 6th Avenue, South Charleston, WV 25303
      View Details
    • $150,000
      4,600 SF

      Two-Story Masonry Building For Sale

      Two-story, 4,600 sq ft masonry building suitable for office/retail.
      712 MacCorkle Ave SW, South Charleston, WV 25303
      View Details
    • $325,000

      Mixed-Use Property on MacCorkle Avenue

      Mixed-use property on MacCorkle Avenue with storefront and apartments.
      4833 MacCorkle Ave SW, South Charleston, WV 25309
      View Details

    FAQs

    What type of property is this?
    Office building - Office building with multiple rooms, kitchen, and large open space.
    Where is this office building located?
    The property is located at 400 Parkway Road South Charleston, WV.
    What is the asking price?
    The asking price for this property is $1,240,000.
    What are key features of this property?
    This property features: Prime location next to Cabela's, restaurants, and shops in Southridge Corridor G.; Large, open room with **high ceilings**.; Multiple office rooms and a kitchen.
    (304) 741-1400
    We can help!
    Listing Contact
    Drema Davis
    Drema Davis
    Real Estate License ID: 0020927
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!