259 State Street Proctorville, OH 45699
COMMERCIAL - Proctorville, OH
- Added:
- Feb 23, 2026
- Days on Market:
- 139
- Last Refresh:
- Jul 12 at 3:06 am
Property Features for 259 State Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 18-01-20
- Lot size
- 0.97 Acres
Utilities
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air
Building Details
- Year built
- 2001
- Building materials
- Block/Concrete
- Roof type
- Rubber, Metal
Listing agent Josh McGrath (304) 419-1750
Listing office Better Homes & Gardens Real Estate Redd, Brown, & Williams 5662 Wigmore Drive, CROSS LANES, OH (304) 419-1750
Listing date Feb 23, 2026
Copyright © 2026 Huntington Board of Realtors. 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.
The building is located at 259 State Street in Proctorville, Ohio (Lawrence County), placing it in the heart of the community based on the available remarks.
If you’re looking for a retail-oriented building with substantial interior space, this site provides a straightforward commercial footprint for redevelopment or repositioning as permitted by applicable law.
Key Highlights
- 11,000 SF commercial space in Proctorville
- Built in 2001
- Construction: block/concrete
Local Financial Insights For Retail
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 | $63.4k | $5.76 |
| − Vacancy | −$2.7k | −$0.24 |
| EGI | $60.7k | $5.52 |
| − OpEx | −$18.2k | −$1.66 |
| NOI | $42.5k | $3.86 |
Alternative Uses
Property Analytics
Current Use by Public Records
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