Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Cenergy 1823 US-60 Milton, WV 25541

    View on Map
    Sponsored
    For Sale
    $2,200,000

    12,500 SF Industrial Building For Sale

    Property size:
    12,500 SF

    Property Features for Cenergy 1823 US-60

    General Information

    Property type
    Warehouses
    Square Feet
    12,500 SF
    Price / Square Foot
    $176
    Class
    B
    Elevators
    N/A
    Net Rentable
    12,500 SF
    Lot Size
    303,178 SF

    Building Details

    Buildings
    1
    Stories
    1

    Overview

    Industrial Building on 6.96 Acres

    The property includes a 12,500-square-foot industrial building situated on 6.96 acres. The site features various lay down yards, a small storage building, and a 3,500-square-foot office building. The manufacturing shop and office building are in good condition. The property is a single-tenant industrial building constructed in 2016. It is classified as Class B and is suitable for owner-users. The property sits slightly above Route 60 and includes two concrete access driveways and a fully fenced lot. There is room to build additional buildings. The property is suitable for manufacturing, flex light manufacturing, industrial distribution, and flex light distribution.

    We can help!

    Listing Contact
    Mike Thompson

    Learn more

    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Milton
    State
    West Virginia
    Longitude
    -82.1442646
    Latitude
    38.4365553

    Nearby Comparable

    • $400,000
      Pending

      Milton Multifamily Investment Opportunity

      Two buildings with 9 rented apartments, excellent investment potential.
      1796 Us Route 60 W, Milton, WV 25541
      View Details
    • Contact for pricing

      High Visibility Milton Office Space

      1200 sq ft office space with high visibility.
      1018 Church St, Milton, WV 25541
      View Details
    • Contact for pricing
      24,244 SF

      Milton Warehouse with Fenced Lot

      24,244 SF warehouse featuring fenced lot and storage space.
      1763 Us-60, Milton, WV
      View Details
    • $139,500

      Historical Building in Milton, WV

      Historical building near City Park, suitable for various uses.
      729 Mason St, Milton, WV 25541
      View Details
    • $139,500

      Historic Milton Building with Stained Glass

      Historical building with stained glass, suitable for offices or residence.
      729 Mason St, Milton, WV 25541
      View Details
    • $760,000
      26.28 Acres

      Milton, WV Campground Opportunity

      26.28 acres with campsite hookups, pools, shelters, and utilities.
      660 Fox Fire Rd, Milton, WV 25541
      View Details
    • $760,000

      Milton Campground with Development Potential

      24 acres with utilities, pools, and campground infrastructure.
      660 Fox Fire Rd, Milton, WV 25541
      View Details
    • $875,000
      1,500 SF

      Prime Milton Mixed-Use Property

      26 Acres, Campgrounds, & Commercial Space
      660 Fox Fire Rd, Milton, WV 25541
      View Details
    • $875,000
      26.28 Acres

      Prime Milton, WV Commercial Land

      26 Acres, Developed Commercial Property
      660 Fox Fire Rd, Milton, WV 25541
      View Details
    • $75,000
      1,596 SF

      Milton Industrial Property - Great Investment!

      High-traffic location, 1,596 sq ft, 0.44 acres.
      2271 Us Rt 60 Hwy, Milton, WV 25541
      View Details
    • $279,000
      2,800 SF

      Prime Milton Retail Space

      High-visibility retail space, fully renovated.
      16587 Us Route 60, Milton, WV 25541
      View Details

    FAQs

    What type of property is this?
    Warehouse - 12,500 SF Industrial Building For Sale
    Where is this warehouse located?
    The property is located at Cenergy 1823 US-60 Milton, WV.
    What is the asking price?
    The asking price for this property is $2,200,000.
    (304) 541-7000
    Request Owner's contact information
    Cenergy 1823 US-60 Milton, WV 25541
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Cenergy 1823 US-60
    Milton , WV 25541
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Cenergy 1823 US-60 Milton, WV 25541
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mike Thompson
    (304) 541-7000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!