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    Ranch Home on Scenic Acres Title is generated by Realmo AI

    2873 Norman Ridge Rd, Big Bend, WV 26136

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    For Sale
    $348,900

    Farm/Estate, Ranch - Big Bend, WV

    Type:Farm
    Property size:
    1,600 SF
    Lot size:
    17.52 Acres
    Price / SF:
    $218/SF
    Added:
    May 13, 2026
    Days on Market:
    7
    Last Refresh:
    May 19 at 10:06 pm

    Property Features for 2873 Norman Ridge Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen
    Parking features
    Garage, Garage - Attached
    Fireplace
    1
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Refrigerator, Washer
    Standard status
    Active
    APN
    Center Dist. Map 7 Parcel 0013.2
    Size
    1,600 SF
    Lot size
    17.52 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Heating system
    Electric (Heating), Fireplace(s), Forced Air, Wood (Heating), Wood Stove
    Cooling system
    Central Air

    Building Details

    Year built
    1986
    Year renovated
    1986
    Floors in Building
    1
    Flooring type
    Hardwood, Laminate, Linoleum
    Building materials
    Brick, Wood Siding
    Roof type
    Asphalt
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Bryan Groves

    Listing agent Bryan Groves

    Listing office Central WV Real Estate, LLC PO Box 22, Glenville, WV

    Listing date May 13, 2026

    MLS# 11745794 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 17.52 scenic acres offering peaceful country living and breathtaking views.
    • Spacious ranch home with 1600 sq ft on the main level plus a partially finished walk‑out basement with tall ceilings.
    • Large detached garage/workshop with storage above and a grease rack with electric.
    • Handicap accessible bathroom and main floor laundry.
    • Cozy wood burning stove vented throughout the home for added warmth and efficiency.
    • Pella windows with built‑in blinds.

    Overview

    This ranch home, constructed in 1986, offers peaceful country living on 17.52 scenic acres. The main level provides approximately 1600 square feet of living space and includes 3 bedrooms, 1 handicap accessible bathroom, and main floor laundry. A large living room features hardwood floors, along with a dining area, an enclosed sun porch, and a kitchen equipped with appliances. The partially finished walk-out basement also offers approximately 1600 square feet with tall ceilings. The lower level includes an additional half bath, a second laundry area, and a wood burning stove vented throughout the home. The home is equipped with central air conditioning, a furnace (electric and propane), Pella windows with built in blinds, and a cistern and holding tank water system. Covered porches provide views of the countryside. Outside, there is an attached garage and a large detached garage/workshop with a large storage area above. The detached garage includes a grease rack with electric. Located in Big Bend, West Virginia, this property offers a blend of comfort, functionality, and serene country living.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Big Bend
    County
    Calhoun
    State
    West Virginia
    Longitude
    -81.100028
    Latitude
    38.97042

    FAQs

    What type of property is this?
    Ranch - Spacious ranch on 17.52 acres with detached garage/workshop.
    Where is this ranch located?
    The property is located at 2873 Norman Ridge Rd Big Bend, WV.
    What is the asking price?
    The asking price for this property is $348,900.
    What are key features of this property?
    This property features: 17.52 scenic acres offering peaceful country living and breathtaking views.; Spacious ranch home with 1600 sq ft on the main level plus a partially finished walk‑out basement with tall ceilings.; Large detached garage/workshop with storage above and a grease rack with electric.
    (304) 462-5997
    We can help!
    Listing Contact
    Bryan Groves
    Learn More
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    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
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