Family Dollar Convenience
New
For Sale
$1,300,000
2212 Pleasant Valley Rd, Fairmont, WV 26554
Branded retail property at 2212 Pleasant Valley Rd in Fairmont, West Virginia.
Property Size8,320 SF
Price / SF$156.25
Days on Market3
Property Features for 2212 Pleasant Valley Rd
General Information
Standard status
Active
Size
8,320 SF
Property subtype
Discount
Lease Type
NN
Additional Details
Cap Rate
7.31%
Amenities
Prime location on Pleasant Valley Road with excellent visibility.
Surrounded by national retailers, restaurants, and hotels.
Convenient access to I-79 and major local roadways.
Building Details
Building Size
8,320 SF
Listing Agency:
(813) 387-4840
Listed By:
Grant Fitzgerald · License #License(s): DC: SP98372096, OH: BRKM.2020004453, FL: SL3425695, KY: 286261, WV: WVA260040460
(813) 387-4840
Source:
Marcusmillichap
Added: Aug 28
Changed: Aug 30
Last Checked: Aug 30 at 1:21PM
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 Grant Fitzgerald
Investment Insights
Based on property information with market context.
The property is a Family Dollar retail location containing 8,320 square feet. It is situated at 2212 Pleasant Valley Rd in Fairmont, WV 26554 and is offered for sale. The available property information identifies the asset as a grocery and convenience store.
Key Highlights
- Family Dollar retail location
- 8,320 square feet of property size
- 2212 Pleasant Valley Rd, Fairmont, WV 26554
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
$80,773
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
6.21%
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%
$1,615,460
$1.6M
Cap Rate 7%
$1,153,900
$1.2M
Cap Rate 9%
$897,478
$897.5K
Market Conditions
NOI Build-Up for 8,320 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
$114.8K $13.80/SF
− Vacancy
−$7.1K −$0.86/SF
EGI
$107.7K $12.94/SF
− OpEx
−$26.9K −$3.24/SF
NOI
$80.8K $9.71/SF
Area
Marion County, WV
Vacancy
6.20%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
25.00%
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%
$1,615,460
Cap Rate 7%
$1,153,900
Cap Rate 9%
$897,478
Alternative Uses
Best Use
Retail
$2.43M
$2.13M – $2.84M
NOI $170,177 @ 7.0% cap · market cap 13.09%
Second Best
Specialty Retail
$1.15M
$1.01M – $1.35M
NOI $80,773 @ 7.0% cap · market cap 6.21%
Theoretical Best
Multifamily LT 5
$51.04M
$44.66M – $59.55M
NOI $3,573,047 @ 7.0% cap · market cap 274.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
49k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 37%
Hotels & Casinos 9%
Cracker Barrel Old Country Store
Dining
23,610 visits/mo
0.1 miles
BP
Shops & Services
7,606 visits/mo
0.2 miles
Family Dollar
Shops & Services
4,832 visits/mo
0.1 miles
BP
Shops & Services
3,527 visits/mo
0.3 miles
A&W Restaurant
Dining
2,469 visits/mo
0.2 miles
Demographics for 26554, WV
42,133
Population
19,688
Households
2.1
Avg Household Size
40
Median Age
30%
College-Educated
94%
High-School Grad
131.9 sq mi
ZIP Area
319
Density / Sq Mi
$69,271
Median Household Income
$40,688
Median Earnings
$931
Median Rent
$181,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Branded retail property at 2212 Pleasant Valley Rd in Fairmont, West Virginia.
Where is this grocery and convenience store located?
The property is located at 2212 Pleasant Valley Rd Fairmont, WV.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Family Dollar retail location; 8,320 square feet of property size; 2212 Pleasant Valley Rd, Fairmont, WV 26554
