Properties For Sale

at 1233 Pennsylvania Ave

1233 Pennsylvania Ave AVAILABLE, Now

Floor Bldg

Size 13,000 SF

Type INDUSTRIAL

Sublease No

Contact us

Listing Agency: Realcorp, LLC Show Phone

Listed By: Quintie Smith Show Phone

Source: Moodyscre

Added: Nov 14, 2025 Changed: Sep 12 Last Checked: Oct 5 at 6:08PM

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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 industrial property, located in Charleston, WV, offers 13,620 square feet of space. It is classified under industrial and other industrial property types.

Key Highlights

• 13,620 square feet of space
• Industrial property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$68,044

Cap Rate

9.07%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,360,880 $1.4M

Cap Rate 7%

$972,057 $972.1K

Cap Rate 9%

$756,044 $756.0K

Market Conditions

NOI Build-Up for 13,620 SF

Gross rent

$106.2K $7.80/SF

− Vacancy

−$9.0K −$0.66/SF

EGI

$97.2K $7.14/SF

− OpEx

−$29.2K −$2.14/SF

NOI

$68.0K $5.00/SF

Area

Kanawha County, WV

Vacancy

8.50%

Lease Rate

$7.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,360,880

Cap Rate 7%

$972,057

Cap Rate 9%

$756,044

Alternative Uses

Best Use

Industrial

$972.1K

$850.6K – $1.13M (±1% cap)

NOI $68,044 @ 7.0% cap · market cap 9.07%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$3.00M

$2.63M – $3.50M (±1% cap)

NOI $210,249 @ 7.0% cap · market cap 28.03%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Waste Management of West ... Waste Management Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Home Appliance Store Pet Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,383

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial property - Industrial property featuring 13,620 square feet of space.

Where is this industrial property located?

The property is located at 1233 Pennsylvania Ave Charleston, WV.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: 13,620 square feet of space; Industrial property