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Property profile & analytics
OFF-MARKET
Office buildings

2303 Murdoch Ave Parkersburg, WV 26101-2532

0.1 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US94-0432580
Property summary
AI-generated overview

This exceptional commercial property, situated at 2303 Murdoch Avenue in Parkersburg, West Virginia, presents a fantastic opportunity for business owners. Boasting just under 2,000 square feet of space, this versatile building is ideally suited for a company office or small retail establishment. The property benefits from a prime location on Murdoch Avenue, a high-traffic area with an impressive Annual Average Daily Traffic count of 11,310 vehicles, ensuring significant visibility and potential customer reach. Recent improvements enhance the property's appeal and functionality. These upgrades include a brand-new metal roof, providing lasting protection and durability, and a complete electrical service overhaul, ensuring modern and reliable power. Furthermore, the building has undergone both interior and exterior remodeling, resulting in a refreshed and updated space ready for immediate occupancy. The property sits on a 0.1-acre lot, offering ample space for parking and potential future expansion. Priced competitively at $260,000, this property represents an excellent investment opportunity in a thriving commercial area. Don't miss the chance to establish your business in this highly visible and well-maintained building. Contact us today to schedule a viewing.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.1 ac (4,400 SF)
APN 54-05- 53-0036.0000
UPID US94-0432580
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • AQS Restaurant Equipment Repair Production Facility Industrial Manufacturer
  • Air Quality Solutions Heating and Cooling Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lane Properties LLC · 6 yrs held
Lane Properties LLC
since 2019
2 recorded transactions
2019
$118,000
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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