Mixed-Use Property with Existing
For Sale
$1,150,000
1101 Jefferson Road, South Charleston, WV 25309
CommercialSale, South Charleston, WV
Property Size14,000 SF
Lot Size1.36 Acres
Price / SF$82.14
Days on Market96
Property Features for 1101 Jefferson Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Com
Rooms
Basement
Lot features
One To Four Acres, Corner Lot
Directions
Off I64 onto Kanawha Turnpike, take the roundabout onto Jefferson Road. The property is at the red light on the right.
Subdivision
South Charleston
Standard status
Active
APN
20-0022-0041-0001-0002
Lot size
1.36 Acres
Taxes and HOA fees
Tax Description
LTS 1-2-3-4 BK B PT LTS 11-13-14-15-16 LT 2 BK C STRIP
Tax Annual Amount
4103
Legal Description
LTS 1-2-3-4 BK B PT LTS 11-13-14-15-16 LT 2 BK C STRIP
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1992
Floors in Building
3
Building materials
Block, Drywall, Glass
Roof type
Shingle, Composition
Listing Agency:
Better Homes and Gardens Real Estate Central
(304) 201-7653
Listed By:
Josie Moore · License #180300346
(304) 546-5630
Added: May 18
Changed: Aug 19
Last Checked: Aug 21 at 12:06PM
MLS# 283501
Copyright © 2026 Kanawha Valley Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use commercial property contains 14,000 square feet on 1.36 acres and was built in 1992. The building includes a basement, block, drywall, and glass construction, with a composition and shingle roof. Central air conditioning and natural-gas forced-air heat serve the property.
Two established tenants are currently in place, and both have expressed interest in remaining. The property is located at 1101 Jefferson Road in South Charleston, West Virginia, with public water and public sewer serving the site.
The existing configuration combines substantial building area with an occupied commercial asset and on-site utility connections. Its physical profile includes a basement, central cooling, forced-air heating, and durable block, drywall, and glass construction.
Two established tenants are currently in place, and both have expressed interest in remaining. The property is located at 1101 Jefferson Road in South Charleston, West Virginia, with public water and public sewer serving the site.
The existing configuration combines substantial building area with an occupied commercial asset and on-site utility connections. Its physical profile includes a basement, central cooling, forced-air heating, and durable block, drywall, and glass construction.
Key Highlights
- 14,000‑square‑foot mixed‑use commercial property on 1.36 acres
- Two established tenants currently occupy the property and want to remain
- Built in 1992 with block, drywall, and glass construction
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
$89,775
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
7.81%
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%
$1,795,500
$1.8M
Cap Rate 7%
$1,282,500
$1.3M
Cap Rate 9%
$997,500
$997.5K
Market Conditions
NOI Build-Up for 14,000 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
$159.6K $11.40/SF
− Vacancy
−$16.0K −$1.14/SF
EGI
$143.6K $10.26/SF
− OpEx
−$53.9K −$3.85/SF
NOI
$89.8K $6.41/SF
Area
Kanawha County, WV
Vacancy
10.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
37.50%
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%
$1,795,500
Cap Rate 7%
$1,282,500
Cap Rate 9%
$997,500
Alternative Uses
Best Use
Mixed Use
$1.28M
$1.12M – $1.50M
NOI $89,775 @ 7.0% cap · market cap 7.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.09M
$2.70M – $3.60M
NOI $216,115 @ 7.0% cap · market cap 18.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Explore this area
Business Placement
Demographics for 25309, WV
13,146
Population
5,867
Households
2.2
Avg Household Size
44
Median Age
26%
College-Educated
92%
High-School Grad
31.1 sq mi
ZIP Area
423
Density / Sq Mi
$52,920
Median Household Income
$40,732
Median Earnings
$767
Median Rent
$142,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial property with two established tenants, public utilities, and a combination of office and building service features.
Where is this mixed-use property located?
The property is located at 1101 Jefferson Road South Charleston, WV.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 14,000‑square‑foot mixed‑use commercial property on 1.36 acres; Two established tenants currently occupy the property and want to remain; Built in 1992 with block, drywall, and glass construction
