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    2800 Pike St Parkersburg, WV 26101

    For Sale
    $1,000,000

    Five-acre lot, ideal for development. High-visibility location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional five-acre commercial property, located at 2800 Pike Street in Parkersburg, West Virginia, presents a compelling investment opportunity. Situated in a thriving area of southern Wood County, this mixed-use lot benefits from its proximity to established retail centers and restaurants, ensuring high visibility and convenient access for potential customers. The property's strategic location within a rapidly expanding commercial zone makes it particularly attractive for developers seeking to capitalize on the influx of new businesses into the area. The significant advantage of pre-completed initial excavation work significantly streamlines the development process, reducing upfront costs and accelerating project timelines. This translates to faster returns on investment and a reduced risk profile for prospective buyers. The expansive five-acre parcel offers considerable flexibility in terms of development options. The site is well-suited for a variety of commercial ventures, potentially including retail spaces, office buildings, or even residential developments such as townhouses or condominiums. Given the current market dynamics and the property's prime location, this represents a rare chance to acquire a highly desirable commercial parcel in a rapidly growing area of Parkersburg. The asking price is $1,000,000.

    Property Features for 2800 Pike St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    217,800 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Parkersburg
    County
    Wood
    State
    West Virginia
    Longitude
    -81.54188
    Latitude
    39.22465

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    FAQs

    What type of property is this?
    Mixed-use property - Five-acre lot, ideal for development. High-visibility location.
    Where is this mixed-use property located?
    The property is located at 2800 Pike St Parkersburg, WV.
    What is the asking price?
    The asking price for this property is $1,000,000.
    (304) 422-6000
    Request Owner's contact information
    2800 Pike St Parkersburg, WV 26101
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    Parkersburg, WV 26101
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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
    2800 Pike St Parkersburg, WV 26101
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