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    8377 Rt. 152 Wayne, WV 25570

    Sponsored
    For Sale
    $265,000

    3.32 Acres, $265,000 - Investment Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property, located at 8377 Rt. 152 in Wayne, West Virginia, presents a compelling investment opportunity. Spanning 3.32 acres of land, this versatile property offers significant potential for a variety of commercial ventures. The existing structures, while not detailed in the provided information, offer a solid foundation for redevelopment or continued use, depending on the buyer's vision. The property's substantial acreage provides ample space for expansion, parking, or outdoor amenities, adding to its overall appeal. Its strategic location on Route 152 ensures high visibility and convenient access for customers and employees. The asking price of $265,000 represents a competitive entry point into the Wayne, WV commercial real estate market. Given the property's size and location, it is well-suited for a range of uses, from retail and office space to light industrial or service-based businesses. The absence of detailed building information allows for considerable flexibility in planning and development. Serious inquiries are encouraged to explore the full potential of this promising investment. This property is being offered as-is. Further due diligence is recommended to fully assess the property's condition and suitability for intended use. Don't miss this chance to acquire a significant piece of commercial real estate in a growing West Virginia market.

    Property Features for 8377 Rt. 152

    General Information

    Property type
    Mixed-use properties
    Lot Size
    144,619 SF

    Building Details

    Year Built
    1946
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Wayne
    County
    Wayne
    State
    West Virginia
    Longitude
    -82.43224
    Latitude
    38.2505

    Nearby Comparable

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      Cash Flowing Ten-Unit Property

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    Nearby Similar for Sale

    • $689,000
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      Cash Flowing Ten-Unit Property

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    • $1,250,000
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      Freestanding Retail Building on Route

      Freestanding commercial building on Route 152 in Wayne, WV.
      7123 Route 152, Wayne, WV 25570
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    • $190,000
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      Two-Building Commercial Property in Wayne

      Two-building commercial property with office, shop, and apartment.
      8377 Route 152, Wayne, WV 25507
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    • $259,000
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      Multi-Use Commercial Opportunity in Wayne

      Expansive commercial property with high visibility and endless potential.
      8935 Us Rt 152, Wayne, WV 25570
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    FAQs

    What type of property is this?
    Mixed-use property - 3.32 Acres, $265,000 - Investment Opportunity
    Where is this mixed-use property located?
    The property is located at 8377 Rt. 152 Wayne, WV.
    What is the asking price?
    The asking price for this property is $265,000.
    (304) 523-0777
    Request Owner's contact information
    8377 Rt. 152 Wayne, WV 25570
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    Wayne, WV 25570
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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
    8377 Rt. 152 Wayne, WV 25570
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