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    58 Lonesome Cedar Ln Hurricane, WV 25526

    Sponsored
    For Sale
    $1,099,000

    89-Acre Estate, 20 Units, Huge Potential

    Property size:
    15,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 89.53-acre property in Hurricane, West Virginia presents a unique investment opportunity. The centerpiece is a stunning 4,906 square foot, 2.5-story Southern Colonial-style home, boasting 8 bedrooms and 5.5 bathrooms. An additional apartment on the third floor provides further living space or rental potential. Beyond the primary residence, this expansive estate includes twenty (20) rental units, creating a substantial income stream. The property has been meticulously developed over the past two decades by the current owner, who is now offering it for sale. Included in the sale is the conveyance of free gas for use at the owner's home and garage, a significant cost savings. The sheer scale and diverse components of this property demand a personal viewing to fully appreciate its potential. Detailed information regarding the individual rental units, their current occupancy status, and financial performance is available upon request. This is a rare chance to acquire a substantial multifamily estate with significant upside potential in a desirable location. Don't miss this opportunity to own a piece of West Virginia history and secure a strong investment for the future. The property encompasses a total of 15,000 square feet of built space across all structures. Serious inquiries only.

    Property Features for 58 Lonesome Cedar Ln

    General Information

    Property type
    Other commercial real estate
    Square Feet
    15,000 SF
    Lot Size
    3,899,927 SF

    Building Details

    Year Built
    1941
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hurricane
    County
    Putnam
    State
    West Virginia
    Longitude
    -81.99149
    Latitude
    38.35761

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    FAQs

    What type of property is this?
    Commercial real estate - 89-Acre Estate, 20 Units, Huge Potential
    Where is this commercial real estate located?
    The property is located at 58 Lonesome Cedar Ln Hurricane, WV.
    What is the asking price?
    The asking price for this property is $1,099,000.
    (304) 372-5969
    Request Owner's contact information
    58 Lonesome Cedar Ln Hurricane, WV 25526
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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
    58 Lonesome Cedar Ln Hurricane, WV 25526
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