Automotive Repair Flex
1025 Gihon Road Parkersburg, WV 26101
1025 Gihon Road, Parkersburg, WV, 26101
$700,000
For Sale
$700,000
Flex/industrial site includes a 32-by-40 building with three service bays and multiple overhead doors plus a standalone office.
Property Size5,480 SF
Price / SF$127.74
Days on Market376
Property Features for 1025 Gihon Road
General Information
- Standard status
- Active
- Size
- 5,480 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1970
Listing agency
Century 21 Full Service, LLC.
(740) 516-6121
Listed by
Traci Fickiesen · License #2021003180
(740) 516-6121
Source
Xome
Added: Jul 12, 2025 Updated: Jul 20 at 10:12PM Checked: Jul 21 at 3:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Full Service, LLC.
Investment Insights
Based on property information with market context.
This commercial property offers a flexible layout built around an automotive repair facility. The main 32' x 40' industrial building includes three spacious service bays, each with a 1' x 4' x 12' overhead door, and side-loading docks for access to the workspace. An integrated office is located within the main building for on-site operations, and there is also a separate standalone office building for additional administrative or customer-facing use.
A large concrete pad provides room for vehicle and equipment parking or outdoor storage, including vehicles, RVs, trailers, or heavy equipment. The property’s overall configuration is designed to support a range of automotive, logistics, light manufacturing, and equipment storage applications.
Overall, the combination of service-bay work areas, office space, and outdoor concrete staging/parking creates a practical setup for users who need both indoor shop functionality and outdoor handling space.
A large concrete pad provides room for vehicle and equipment parking or outdoor storage, including vehicles, RVs, trailers, or heavy equipment. The property’s overall configuration is designed to support a range of automotive, logistics, light manufacturing, and equipment storage applications.
Overall, the combination of service-bay work areas, office space, and outdoor concrete staging/parking creates a practical setup for users who need both indoor shop functionality and outdoor handling space.
Key Highlights
- 11‑acre commercial site with a 32' x 40' industrial building formerly used for automotive repair
- Three service bays with 1 4' x 12' overhead doors, plus side‑loading docks for access and distribution
- Includes an integrated office in the main building and a separate standalone office building
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.9k | $14.40 |
| − Vacancy | −$3.3k | −$0.60 |
| EGI | $75.6k | $13.80 |
| − OpEx | −$22.7k | −$4.14 |
| NOI | $52.9k | $9.66 |
5,480 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$756.0K
$661.5K – $882.0K
NOI $52,918 @ 7.0% cap · market cap 7.56%
Second Best
Flex RnD
$671.9K
$587.9K – $783.9K
NOI $47,035 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,742 @ 7.0% cap · market cap 15.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex/industrial site includes a 32-by-40 building with three service bays and multiple overhead doors plus a standalone office.
Where is this flex space located?
The property is located at 1025 Gihon Road Parkersburg, WV.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 11‑acre commercial site with a 32' x 40' industrial building formerly used for automotive repair; Three service bays with 1 4' x 12' overhead doors, plus side‑loading docks for access and distribution; Includes an integrated office in the main building and a separate standalone office building
