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    906 Lubeck Ave Parkersburg, WV 26101

    For Sale
    $240,000

    High-Traffic Location, Ample Space, AS-IS

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This versatile mixed-use property at 906 Lubeck Avenue, Parkersburg, WV, presents a unique investment opportunity. The building, totaling 2933 square feet of finished space, was constructed in three phases. The original 1209 square foot structure features two office spaces and a half-bath. An attached 28x26 heated garage boasts 10-foot ceilings, two 9-foot high garage doors, and a remaining Mohawk heavy-duty lift. A rear 28x32 addition includes oversized garage doors and a half-bath, also heated. The property sits on a 0.37-acre lot and includes a substantial 4000 square foot concrete parking area in excellent condition. Its previous use as a car lot highlights its high visibility and accessibility. The location benefits from exceptional traffic counts: over 11,000 vehicles daily on adjacent Route 95 and over 6,000 vehicles daily on Lubeck Avenue/Gihon Road in the immediate vicinity, according to the WV Department of Highways. Easy access is provided via Route 95/Dupont Road at the bottom of the Gihon Road exit, directly across the street. The property is being sold AS IS, with no warranties. This presents a chance to acquire a well-situated building in a high-traffic area with significant potential for various commercial uses.

    Property Features for 906 Lubeck Ave

    General Information

    Property type
    Mixed-use properties
    Lot Size
    16,117 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    G & G Auto ... Used Car Dealer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Parkersburg
    County
    Wood
    State
    West Virginia
    Longitude
    -81.57663
    Latitude
    39.24708

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    FAQs

    What type of property is this?
    Mixed-use property - High-Traffic Location, Ample Space, AS-IS
    Where is this mixed-use property located?
    The property is located at 906 Lubeck Ave Parkersburg, WV.
    What is the asking price?
    The asking price for this property is $240,000.
    (304) 428-8200
    Request Owner's contact information
    906 Lubeck Ave 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
    906 Lubeck Ave Parkersburg, WV 26101
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