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    421 Main St Madison, WV 25130

    For Sale
    $327,273

    Single tenant Dollar General with minimal landlord responsibilities.

    Property size:
    15,862 SF
    Lot size:
    0.21 Acres

    Property Features for 421 Main St

    General Information

    Size
    15,862 SF
    Lot size
    0.21 Acres

    Source: Legacy Real Estate Advisors Agent Dominic Shamany

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Dollar General in Madison, WV

    This is a single tenant freestanding Dollar General property located in Madison, WV. The property operates under an NN lease structure, which entails minimal landlord responsibilities. The location benefits from a substantial local population, with over 2,700 residents within a 1-mile radius and more than 5,400 residents within a 3-mile radius. The property is approximately a 37-minute drive to Yeager Airport, a distance of 35.8 miles. The surrounding area includes a mix of local tenants and national retailers. Dollar General (NYSE: DG), ranked #128 on the Fortune 500, reported revenues exceeding $39 billion for FY2023, a 7.56% increase year-over-year. Dollar General holds an investment grade credit rating of "BBB" with S&P and a positive/stable outlook. As an essential retailer, Dollar General is considered internet, pandemic, and recession resistant.
    Insight Report Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Dollar General Grocery Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Boone
    State
    West Virginia
    Longitude
    -81.8226529
    Latitude
    38.0631901

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    FAQs

    What type of property is this?
    Storefront property - Single tenant Dollar General with minimal landlord responsibilities.
    Where is this storefront property located?
    The property is located at 421 Main St Madison, WV.
    What is the asking price?
    The asking price for this property is $327,273.
    What are key features of this property?
    This property features: - Investment grade credit rating of "BBB" with S&P and a positive/stable outlook.; - Single tenant freestanding Dollar General.; - NN lease structure with minimal landlord responsibilities.
    (248) 450-3259
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    421 Main St Madison, WV 25130
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    Realmo Value Estimation

    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.

    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.

    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
    421 Main St Madison, WV 25130
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