5 Cracker Barrel Dr, Barboursville, WV
Retail property with entertainment tenant near mall exit.
- Added:
- Oct 18, 2024
- Days on Market:
- 606
- Last Refresh:
- May 20 at 8:48 pm
Property Features for 5 Cracker Barrel Dr
General Information
- Standard status
- Active
- Size
- 23,938 SF
- Lot size
- 1.02 Acres
- Property subtype
- RETAIL
Listing agent Quintie Smith
Listing office Realcorp, LLC (304) 925-7000
Listing date Oct 18, 2024
Source Moodyscre
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 Realcorp, LLC
HighLights
- Fantastic location at mall exit
- High monthly rental income of $20,000
- Commercial tenant already in place (Billy Bobs)
- Property is just under 5 acres
- Includes putt putt and go cart lot
- Commercial zoning allows for diverse business opportunities
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $310.2k | $12.96 |
| − Vacancy | −$23.3k | −$0.97 |
| EGI | $287.0k | $11.99 |
| − OpEx | −$86.1k | −$3.60 |
| NOI | $200.9k | $8.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Barboursville
- County
- Cabell
- State
- West Virginia
- Longitude
- -82.2554
- Latitude
- 38.4153