Building Details

Year built 1999

Listing Agency: Zaferatos Real Estate Show Phone

Listed By: Justin & Amy Fairchild · License #WV0028561 Show Phone

Added: Oct 14 Last Checked: Oct 17 at 5:06PM

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MLS# 95683

Copyright © 2026 Beckley 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.

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Investment Insights

Based on property information with market context.

This automotive property includes a 2,600-square-foot metal building measuring 40' x 40', with a 16' overhead door and an attached area suited to office space or additional living quarters. Built in 1999, the building is accompanied by a spacious gravel lot and a second structure with drive-through garage doors. An automotive lift is included in the sale.

The 0.8-acre site provides outdoor space for parking, equipment, and vehicle storage.

Key Highlights

• 2,600‑square‑foot metal building measuring 40' x 40'
• 16' overhead door
• Attached area suitable for office space or additional living quarters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$25,034

Cap Rate

8.37%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$500,680 $500.7K

Cap Rate 7%

$357,629 $357.6K

Cap Rate 9%

$278,156 $278.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,600 SF

Gross rent

$39.0K $15.00/SF

− Vacancy

−$3.2K −$1.25/SF

EGI

$35.8K $13.76/SF

− OpEx

−$10.7K −$4.13/SF

NOI

$25.0K $9.63/SF

Area

Raleigh County, WV

Vacancy

8.30%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$500,680

Cap Rate 7%

$357,629

Cap Rate 9%

$278,156

Alternative Uses

Best Use

Retail

$357.6K

$312.9K – $417.2K (±1% cap)

NOI $25,034 @ 7.0% cap · market cap 8.37%

Second Best

Industrial

$186.0K

$162.7K – $217.0K (±1% cap)

NOI $13,018 @ 7.0% cap · market cap 4.35%

Theoretical Best

Multifamily LT 5

$1.53M

$1.34M – $1.79M (±1% cap)

NOI $107,239 @ 7.0% cap · market cap 35.87%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Auto shops

Location Intelligence

Trade Area within ½ mile

78

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 25909, WV

494

Population

368

Households

1.3

Avg Household Size

43

Median Age

45%

College-Educated

99%

High-School Grad

0.5 sq mi

ZIP Area

988

Density / Sq Mi

$83,516

Median Household Income

$42,865

Median Earnings

$114,400

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Similar Off Market Nearby

• 2 Brothers Collision — 4657 Robert C Byrd Dr, Beckley, WV 25801
• J & D Heavy Equipment Repair Incorporated — 206 Prosperity Rd, Beckley, WV 25801
• Kelly Tires — Prosperity, WV 25880
• Subaru Service — 117 Midtown Ave, Mt Hope, WV 25880
• C Adam Toney Tire Pros — 5000 Robert C Byrd Dr, Beckley, WV 25801

Frequently Asked Questions

What type of property is this?

Auto shop - An attached area can accommodate office space or additional living quarters.

Where is this auto shop located?

The property is located at 112 SWALLOW LANE Prosperity, WV.

What is the asking price?

The asking price for this property is $299,000.

What are key features of this property?

This property features: 2,600‑square‑foot metal building measuring 40' x 40'; 16' overhead door; Attached area suitable for office space or additional living quarters