Prime Retail Location Near
For Sale
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5 Cracker Barrel Dr, Barboursville, WV
Retail property with entertainment tenant near mall exit.
Property Size23,938 SF
Lot Size1.02 Acres
Price / SF$125.32
Days on Market651
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 Agency:
Realcorp, LLC
(304) 840-1781
Listed By:
Quintie Smith
Source:
Moodyscre
Added: Oct 18, 2024
Changed: Jul 6
Last Checked: Jul 22 at 3:39AM
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
Investment Insights
Based on property information with market context.
This retail property, situated at a mall exit, encompasses just under 5 acres, which is approximately 23,938 square feet. The property is currently occupied by Billy Bobs, a putt-putt and go-cart lot. The tenant's monthly rent is $20,000.
Key Highlights
- Fantastic location at mall exit
- High monthly rental income of $20,000
- Commercial tenant already in place (Billy Bobs)
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 |
23,938 SF · lease $12.96/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.87M
$2.51M – $3.35M
NOI $200,878 @ 7.0% cap · market cap 6.70%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$14.51M
$12.69M – $16.92M
NOI $1,015,475 @ 7.0% cap · market cap 33.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
293k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Superstores 36%
Shops & Services 15%
Home Improvements & Furnishings 5%
Walmart
Superstores
105,025 visits/mo
0.4 miles
Hobby Lobby
Shops & Services
43,867 visits/mo
0.3 miles
Chick-fil-A
Dining
42,094 visits/mo
0.4 miles
Cracker Barrel Old Country Store
Dining
25,242 visits/mo
0.1 miles
Outback Steakhouse
Dining
23,864 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Retail property with entertainment tenant near mall exit.
Where is this storefront property located?
The property is located at 5 Cracker Barrel Dr Barboursville, WV.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Fantastic location at mall exit; High monthly rental income of $20,000; Commercial tenant already in place (Billy Bobs)
