Property profile

1728 Mildred St Ranson, WV 25438

OFF-MARKET
Commercial real estate
Property ID
US94-1451315
2,640 SF 2.47 ac lot Built 1936
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Property summary

AI-generated overview

This unique 2.640 square foot property located at 1728 N Mildred Street, Ranson, WV, presents a compelling investment opportunity. Currently zoned for residential use, the existing structure has been condemned by the City of Ranson due to unpermitted construction. All work on the building has been halted pending permit approval. This presents a blank slate for a developer or investor seeking to create a new commercial space. The 2.47-acre lot offers ample room for development, making it ideal for a variety of office uses. The property's location in Ranson, WV offers excellent accessibility and visibility. The zoning for this property is subject to approval by the City of Ranson. This requires due diligence and engagement with the city planning department to determine the feasibility of your desired commercial project. Buyers should be aware of the existing condemned structure and the need to obtain necessary permits and approvals before undertaking any construction or renovation. The property is being sold "as is," reflecting the current condition of the building. This presents a chance to acquire a substantial land parcel in a desirable location at a competitive price of $399,000. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Year built 1936
Total area 2,640 SF
Lot 2.47 ac (107,593 SF)
UPID US94-1451315

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1728 Mildred St Ranson, WV 25438
Ranson metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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