Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2209 Appalachian Hwy Pineville, WV 24874

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    14,238 SF commercial property in high-traffic location.

    Property size:
    14,238 SF
    Lot size:
    1.19 Acres

    Property Features for 2209 Appalachian Hwy

    General Information

    Standard status
    Active
    Zoning
    C
    Size
    14,238 SF
    Lot size
    1.19 Acres

    Building Details

    Year built
    1973

    We can help!

    Listing Contact
    Laura Collins
    Source: Crexi

    Listing Agency: Old Colony Company of Beckley Listing Agent: Laura Collins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Pineville Commercial Property for Sale

    This 14,238 SF commercial property, located at 2209 Appalachian Hwy in Pineville, previously operated for 25 years as a high-traffic grocery store and retail anchor. The single-story metal/steel frame building, constructed in 1973 with light fire-resistant construction, is now vacant and fully cleared. It features an open floor plan suitable for adaptive reuse or owner occupancy. The prior tenant completed upgrades during their occupancy, including updated front doors, restrooms, exterior paint, and HVAC and electrical improvements. The fixtures have been removed. The site includes approximately 10,000 SF of asphalt parking, a loading/unloading lift, and a carport structure. Situated along a high-visibility commercial corridor, the property offers easy access and strong street presence. Pineville serves as a gateway to the Hatfield–McCoy Trail System, generating tourism and rider traffic. This location is suitable for retail, service, recreation, restaurant, warehouse, community use, or specialty commercial concepts. The property offers an established footprint in a destination-driven market.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Spa & Massage Center Auto Parts Store Pharmacy Law Firm Food Market Nail Salon Grocery & Convenience Store Hair Salon Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pineville
    County
    Wyoming
    State
    West Virginia
    Longitude
    -81.538877
    Latitude
    37.607275

    Nearby Similar for Sale

    • $449,000
      14,238 SF

      Pineville Commercial Property for Sale

      14,238 SF commercial property in high-traffic location.
      2209 Appalachian Hwy, Pineville, WV 24874
      View Details
    • $449,000
      14,238 SF

      Pineville Commercial Building For Sale

      14,238 SF commercial building in high-traffic location.
      2209 Appalachian Hwy, Pineville, WV 24874
      View Details
    • $189,999
      2,258 SF

      PINEVILLE, WV - Versatile Property

      Turn-key business opportunity or extra residence near Hatfield-McCoy Trail.
      60 Woodward Ave, Pineville, WV 24810
      View Details
    • $109,000
      Pending

      Well-Maintained Office Building For Sale

      2400+ sq ft office space with great visibility.
      1973 Appalachian Hwy, Pineville, WV 24874
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - 14,238 SF commercial property in high-traffic location.
    Where is this grocery and convenience store located?
    The property is located at 2209 Appalachian Hwy Pineville, WV.
    What are key features of this property?
    This property features: - High-traffic location on Appalachian Highway, a high-visibility commercial corridor.; - Large 14,238 SF single-story building with open floor plan suitable for adaptive reuse.; - Recent upgrades including updated front doors, restrooms, exterior paint, and HVAC and electrical improvements.
    Request Owner's contact information
    2209 Appalachian Hwy Pineville, WV 24874
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2209 Appalachian Hwy
    Pineville, WV 24874
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2209 Appalachian Hwy Pineville, WV 24874
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Laura Collins
    Real Estate License ID: WVS210301731
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!