Office/Warehouse Flex
1234 Ohio Avenue Dunbar, WV 25064
1234 Ohio Avenue, Dunbar, WV, 25064
$262,800
For Sale
$262,800
COMMERCIAL - Dunbar, WV
Property Size4,500 SF
Lot Size0.13 Acres
Price / SF$58.40
Days on Market17
Property Features for 1234 Ohio Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 26-12-139 & 140
- Size
- 4,500 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5155
Building Details
- Year built
- 1970
Listing Agency
Joe R. Pyle Complete Auction and Realty Service
(304) 592-6000
5546 Benedum Drive, Shinnston, WV
Listed by
Joe Pyle
(304) 592-6000
Added: Jul 2 Checked: Jul 18 at 6:06 am
MLS# 11866678
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial office/warehouse flex building is located in Dunbar’s B-2 Central Business District. The property includes office space along with a warehouse/work area, plus rear parking and alley access.
The offering is for sale by public auction, with the auction ending Wednesday, July 29th at 11AM. Online bidding is available, and additional bidding information is provided through Joe R. Pyle Auctions.
The building area is approximately 4,500+/- square feet, and the lot size is approximately 0.13 acres.
The offering is for sale by public auction, with the auction ending Wednesday, July 29th at 11AM. Online bidding is available, and additional bidding information is provided through Joe R. Pyle Auctions.
The building area is approximately 4,500+/- square feet, and the lot size is approximately 0.13 acres.
Key Highlights
- Commercial office/warehouse building in Dunbar’s B‑2 Central Business District
- Includes approximately 4,500+/- SF with office space and warehouse/work area
- Rear parking and alley access
Local Financial Insights For Industrial
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 | $35.1k | $7.80 |
| − Vacancy | −$3.0k | −$0.66 |
| EGI | $32.1k | $7.14 |
| − OpEx | −$9.6k | −$2.14 |
| NOI | $22.5k | $5.00 |
4,500 SF · lease $7.80/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$676.9K
$592.3K – $789.8K
NOI $47,385 @ 7.0% cap · market cap 18.03%
Second Best
Flex RnD
$394.2K
$345.0K – $460.0K
NOI $27,597 @ 7.0% cap · market cap 10.50%
Theoretical Best
Office A
$992.4K
$868.3K – $1.16M
NOI $69,466 @ 7.0% cap · market cap 26.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pierson Technical Services
Production Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Commercial office and warehouse building in Dunbar’s B-2 Central Business District with rear parking and alley access.
Where is this flex space located?
The property is located at 1234 Ohio Avenue Dunbar, WV.
What is the asking price?
The asking price for this property is $262,800.
What are key features of this property?
This property features: Commercial office/warehouse building in Dunbar’s B‑2 Central Business District; Includes approximately 4,500+/- SF with office space and warehouse/work area; Rear parking and alley access
