Flex Space with Fenced
For Sale
$389,900
211 4th Ave, Huntington, WV 25701
Flexible commercial layout combines retail, warehouse, and storage space with paved parking.
Property Size4,901 SF
Price / SF$79.56
Days on Market65
Property Features for 211 4th Ave
General Information
Standard status
Active
Size
4,901 SF
Additional Details
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$3,505
Amenities
paved parking
fenced area
Listing Agency:
Cornerstone Realty, LLC
(304) 382-0889
Listed By:
Don Stover
(304) 546-8941
Source:
Exprealty
Added: Jul 24
Changed: Sep 4
Last Checked: Sep 26 at 11:07AM
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 Cornerstone Realty, LLC
Investment Insights
Based on property information with market context.
Located at 211 4th Ave in Huntington, this flex property contains approximately 4,901 square feet arranged across retail, warehouse, and storage areas. The adaptable configuration supports a range of commercial layouts, with paved parking and a fenced area included on site.
The property is being sold as-is. Its stated potential applications include owner-user operations, service businesses, contracting, retail, storage, and other light commercial uses. Buyers should independently verify the square footage, acreage, zoning, permitted uses, utilities, and flood status.
The property is being sold as-is. Its stated potential applications include owner-user operations, service businesses, contracting, retail, storage, and other light commercial uses. Buyers should independently verify the square footage, acreage, zoning, permitted uses, utilities, and flood status.
Key Highlights
- Approximately 4,901 square feet of retail, warehouse, and storage space
- Paved parking included on site
- Fenced area provides secured exterior space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,284
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$605,680
$605.7K
Cap Rate 7%
$432,629
$432.6K
Cap Rate 9%
$336,489
$336.5K
Market Conditions
NOI Build-Up for 4,901 SF
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.
Gross rent
$38.2K $7.80/SF
− Vacancy
−$2.6K −$0.53/SF
EGI
$35.6K $7.27/SF
− OpEx
−$5.3K −$1.09/SF
NOI
$30.3K $6.18/SF
Area
Cabell County, WV
Vacancy
6.80%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$605,680
Cap Rate 7%
$432,629
Cap Rate 9%
$336,489
Alternative Uses
Best Use
Retail
$587.5K
$514.1K – $685.5K
NOI $41,127 @ 7.0% cap · market cap 10.55%
Second Best
Warehouse
$432.6K
$378.6K – $504.7K
NOI $30,284 @ 7.0% cap · market cap 7.77%
Theoretical Best
Multifamily LT 5
$2.97M
$2.60M – $3.47M
NOI $207,906 @ 7.0% cap · market cap 53.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,013
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 25701, WV
22,342
Population
12,388
Households
1.8
Avg Household Size
41
Median Age
38%
College-Educated
89%
High-School Grad
38.9 sq mi
ZIP Area
574
Density / Sq Mi
$51,671
Median Household Income
$32,873
Median Earnings
$869
Median Rent
$153,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial layout combines retail, warehouse, and storage space with paved parking.
Where is this flex space located?
The property is located at 211 4th Ave Huntington, WV.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Approximately 4,901 square feet of retail, warehouse, and storage space; Paved parking included on site; Fenced area provides secured exterior space
