Turn-Key Automotive Service
For Sale
$599,000
109 Lodgeville Road, Bridgeport, WV 26330
Service center with six bays, an office and waiting area, plus dedicated parts room and two restrooms.
Property Size3,600 SF
Price / SF$166.39
Days on Market365
Property Features for 109 Lodgeville Road
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Mixed Use
Additional Details
Business Included
Yes
Service Bays
6
Taxes and HOA fees
Annual Taxes
$3,546
Amenities
None, A/C - Other
3
Concrete, Carpet
Other, None
Metal
Level
.53
Level.
Building Details
Year Built
1975
Listing Agency:
VENTURE REAL ESTATE
(612) 661-1771
Listed By:
Nicholas Perperas · License #WVB240300993
(304) 838-2928
Source:
Xome
Added: Sep 6, 2025
Changed: Sep 1
Last Checked: Sep 5 at 3:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VENTURE REAL ESTATE
Investment Insights
Based on property information with market context.
This turn-key automotive service center is set up for immediate operation, with six service bays and a dedicated parts room. The interior includes an office and a customer waiting room, along with two restrooms. The sale includes all equipment and parts inventory.
The property is offered for sale at 109 Lodgeville Road in Bridgeport, West Virginia.
The property is offered for sale at 109 Lodgeville Road in Bridgeport, West Virginia.
Key Highlights
- Automotive service center built in 1975 with 6 service bays and a dedicated parts room
- Customer area includes an office and waiting room, plus 2 restrooms
- Includes all equipment and parts inventory with the sale
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,648
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$472,960
$473.0K
Cap Rate 7%
$337,829
$337.8K
Cap Rate 9%
$262,756
$262.8K
Market Conditions
NOI Build-Up for 3,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$36.7K $10.20/SF
− Vacancy
−$2.9K −$0.82/SF
EGI
$33.8K $9.38/SF
− OpEx
−$10.1K −$2.82/SF
NOI
$23.6K $6.57/SF
Area
Harrison County, WV
Vacancy
8.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$472,960
Cap Rate 7%
$337,829
Cap Rate 9%
$262,756
Alternative Uses
Best Use
Retail
$337.8K
$295.6K – $394.1K
NOI $23,648 @ 7.0% cap · market cap 3.95%
Second Best
Industrial
$261.7K
$229.0K – $305.3K
NOI $18,319 @ 7.0% cap · market cap 3.06%
Theoretical Best
Specialty Retail
$712.3K
$623.3K – $831.0K
NOI $49,861 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
6
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
55k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 43%
Dining 37%
Shops & Services 10%
Home Improvements & Furnishings 6%
Big Lots
Superstores
23,771 visits/mo
0.1 miles
Taco Bell
Dining
20,277 visits/mo
0.4 miles
Enterprise Rent-A-Car
Shops & Services
4,554 visits/mo
0.5 miles
Sleep Outfitters
Home Improvements & Furnishings
2,142 visits/mo
0.1 miles
Days Inn
Hotels & Casinos
1,540 visits/mo
0.4 miles
Demographics for 26330, WV
15,887
Population
6,912
Households
2.3
Avg Household Size
43
Median Age
45%
College-Educated
95%
High-School Grad
70.7 sq mi
ZIP Area
225
Density / Sq Mi
$86,843
Median Household Income
$53,328
Median Earnings
$1,101
Median Rent
$260,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Monro Auto Service And Tire Centers — 108 Tolley Dr, Bridgeport, WV 26330
- Valvoline Express Care — 1009 W Main St, Bridgeport, WV 26330
- Riggs Service Center — 182 firefly lane, Bridgeport, WV 26330
- Audi Clarksburg Service Department — 730 Lodgeville Rd, Bridgeport, WV 26330
- Volkswagen Clarksburg Service Department — 730 Lodgeville Rd, Bridgeport, WV 26330
Frequently Asked Questions
What type of property is this?
Auto shop - Service center with six bays, an office and waiting area, plus dedicated parts room and two restrooms.
Where is this auto shop located?
The property is located at 109 Lodgeville Road Bridgeport, WV.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Automotive service center built in 1975 with 6 service bays and a dedicated parts room; Customer area includes an office and waiting room, plus 2 restrooms; Includes all equipment and parts inventory with the sale
