410 1st Ave, Nitro, WV 25143
This exceptional investment opportunity presents a substantial 6,354 square foot office building situated on a 0.62-acre lot in the thriving city of Nitro, West Virginia. The property is ideally located at 410 1st Avenue, Unit 410, offering convenient access to local amenities and transportation routes. The building itself provides ample space for a variety of business uses, making it a versatile option for potential buyers. The sale includes an additional parcel of land, significantly increasing the overall value of the property. This additional parcel, identified by Tax ID 27-0013-0090-0004-0000, encompasses approximately 0.2 acres and is legally described as "0.2 AC M/L PT LT 5-6 RESUB OF 1.73AC". This presents a unique opportunity to expand the existing building, develop additional structures, or simply benefit from the increased land holdings. The asking price for this prime commercial property is $390,000, representing a compelling investment opportunity in a desirable location. The substantial square footage, combined with the additional land parcel, makes this a rare find in the Nitro commercial real estate market. Serious inquiries are encouraged to explore this promising investment prospect further.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.