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    7639 Winchester Ave Inwood, WV 25428

    Sponsored
    For Sale
    $359,900

    Prime Inwood location, approved plans, ready to build.

    Property size:
    6,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.69-acre lot at 7639 Winchester Avenue in Inwood, West Virginia presents a turnkey multi-family development opportunity. The property boasts pre-approved site plans for a 6,000 square foot building, eliminating significant pre-construction hurdles and saving valuable time. The approved plans detail a thoughtfully designed structure featuring three 1,000 square foot flex office spaces on the main level, ideal for a variety of commercial uses. Above, the second level comprises three 1,000 square foot apartments, catering to the growing residential demand in the area. All necessary permits, including highway permits, are included in the sale, ensuring a smooth and efficient transition to the construction phase. This property is strategically located in the heart of Inwood's burgeoning commercial district, directly adjacent to the new Food Lion grocery store, guaranteeing high visibility and convenient access for both commercial tenants and residents. The combination of approved plans, readily available permits, and a prime location makes this a truly exceptional investment opportunity, ready for immediate development. Don't miss this chance to capitalize on Inwood's vibrant growth. The asking price is $359,900.

    Property Features for 7639 Winchester Ave

    General Information

    Property type
    Residential income properties
    Square Feet
    6,000 SF
    Lot Size
    30,056 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Inwood
    County
    Berkeley
    State
    West Virginia
    Longitude
    -78.03685
    Latitude
    39.36149

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    FAQs

    What type of property is this?
    Residential income property - Prime Inwood location, approved plans, ready to build.
    Where is this residential income property located?
    The property is located at 7639 Winchester Ave Inwood, WV.
    What is the asking price?
    The asking price for this property is $359,900.
    (304) 901-4886
    Request Owner's contact information
    7639 Winchester Ave Inwood, WV 25428
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    Inwood, WV 25428
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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
    7639 Winchester Ave Inwood, WV 25428
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