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

    1100 Murdoch Ave Parkersburg, WV 26101

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $235,000

    each measuring 1

    Property size:
    5,400 SF

    Property Features for 1100 Murdoch Ave

    General Information

    Property type
    Retail properties
    Square Feet
    5,400 SF
    Lot Size
    17,424 SF

    Building Details

    Year Built
    1958

    We can help!

    Listing Contact
    Garett Smith

    Listing Agency: PMC Realty Services Listing Agent: Garett Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    200 sq ft
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Too Small Shop Discount Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Parkersburg
    County
    Wood
    State
    West Virginia
    Longitude
    -81.55727
    Latitude
    39.27203

    Nearby Similar for Sale

    • $575,000
      50,550 SF

      Downtown Parkersburg Multi-Story Building

      Spacious 5-story building with elevators and parking in downtown Parkersburg.
      214 7Th St, Parkersburg, WV 26101
      View Details
    • $250,000
      0.52 Acres

      High-Traffic Corner Retail Opportunity

      Corner lot with high traffic count in Parkersburg, WV.
      1012 7Th St, Parkersburg, WV 26101
      View Details
    • $169,900
      0.18 Acres

      Parkersburg Commercial Opportunity For Sale

      Commercial property suitable for office, retail, or other business.
      2410 Dudley Ave, Parkersburg, WV 26101
      View Details
    • $144,990
      1,800 SF

      Unique Downtown Live/Work Opportunity

      Exceptional mixed-use property in downtown Parkersburg with rooftop access.
      225 7Th St, Parkersburg, WV 26101
      View Details
    • $144,990
      1,500 SF

      Downtown Parkersburg Live/Work Opportunity

      Unique mixed-use property in downtown Parkersburg with rooftop access.
      225 7Th St, Parkersburg, WV 26101
      View Details
    • $675,000
      0.71 Acres

      Five-Story Building in Downtown Parkersburg

      Five-story building with potential for office or residential use.
      601 Avery St, Parkersburg, WV 26101
      View Details
    • $395,000
      5 SF

      New Warehouse with Flexible Space

      5,000 SF warehouse built in 2022 on almost one acre.
      2508 Keever St, Parkersburg, WV 26101
      View Details
    • $190,000
      2 SF

      Versatile Commercial Space with Rear Lot

      2,340 SF open layout with high visibility and bonus lot.
      3206 Dudley Ave, Parkersburg, WV 26104
      View Details
    • Contact for pricing
      18,000 SF

      18,000 SF Flex Space Available

      18,000 SF flex space suitable for various industrial uses.
      3 Fergueson Dr, Parkersburg, WV 26101
      View Details
    • $375,000
      18 SF

      Parkersburg Investment Opportunity

      High-traffic commercial property with residential income potential in Parkersburg, WV.
      805 7Th St, Parkersburg, WV 26101
      View Details
    • $485,000
      2.60 Acres

      Prime Parkersburg Office Complex

      Multi-level office building, 18,360 sq ft
      12905 Emerson Ave, Parkersburg, WV 26104
      View Details
    • $675,000
      50,550 SF

      Downtown Parkersburg Office Building

      Prime Office & Retail Space, 50,550 SF
      214 7Th St, Parkersburg, WV 26101
      View Details

    FAQs

    What type of property is this?
    Retail property - each measuring 1
    Where is this retail property located?
    The property is located at 1100 Murdoch Ave Parkersburg, WV.
    What is the asking price?
    The asking price for this property is $235,000.
    (304) 485-8000
    Request Owner's contact information
    1100 Murdoch Ave Parkersburg, WV 26101
    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.
    1100 Murdoch Ave
    Parkersburg, WV 26101
    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
    1100 Murdoch Ave Parkersburg, WV 26101
    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
    Garett Smith
    (304) 485-8000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!