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    Dunbar Industrial Property For Rent Title is generated by Realmo AI

    1424 Ohio Ave, Dunbar, WV

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    Industrial property for rent in Dunbar, West Virginia.

    Type:INDUSTRIAL
    Property size:
    5,475 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $63/SF
    Added:
    Apr 12, 2025
    Days on Market:
    442
    Last Refresh:
    May 20 at 9:55 pm

    Property Features for 1424 Ohio Ave

    General Information

    Standard status
    Active
    Size
    5,475 SF
    Lot size
    0.21 Acres
    Property subtype
    INDUSTRIAL

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    Jay Goldman
    Jay Goldman

    Listing office Goldman Associates, Inc.

    Listing date Apr 12, 2025

    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 Goldman Associates, Inc.

    HighLights

    • Located on the western fringe of the Dunbar Central Business District.
    • Zoned B‑2, General Business District.
    • Level and rectangular shaped site.
    • Access to all public infrastructure.
    • Frontage on both Ohio Avenue and Leone Lane.
    • Onsite parking for 2 vehicles, plus street parking.

    Overview

    The property is situated on the north side of Ohio Avenue and the south side of Leone Lane, positioning it on the western edge of the Dunbar Central Business District. The site is level, rectangular, and at road grade. It has access to all public infrastructure. The property is located within a high-risk flood hazard area. Onsite parking is available for 2 vehicles, with additional street parking along Ohio Avenue. According to the Town of Dunbar representatives, the property is zoned B-2, General Business District. A survey is available. The property has 5,475 square feet of space.

    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 $42.7k $7.80
    − Vacancy −$3.6k −$0.66
    EGI $39.1k $7.14
    − OpEx −$11.7k −$2.14
    NOI $27.4k $5.00
    5,475 SF · lease $7.80/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $390.8K
    $341.9K – $455.9K (±1% cap)
    NOI $27,353 @ 7.0% cap · market cap 7.82%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.21M
    $1.06M – $1.41M (±1% cap)
    NOI $84,516 @ 7.0% cap · market cap 24.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pinnacle Supply LLC Department Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Dunbar
    County
    Kanawha
    State
    West Virginia
    Longitude
    -81.7444
    Latitude
    38.3604

    FAQs

    What type of property is this?
    Industrial property - Industrial property for rent in Dunbar, West Virginia.
    Where is this industrial property located?
    The property is located at 1424 Ohio Ave Dunbar, WV.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Located on the western fringe of the Dunbar Central Business District.; Zoned B‑2, General Business District.; Level and rectangular shaped site.
    (304) 343-5695 Call to check price and availability
    More about this property
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