Mixed-Use Property on Robert C
For Sale
$99,900
2986 ROBERT C BYRD DRIVE, Beckley, WV 25801
COMMERCIAL - BECKLEY, WV
Property Size948 SF
Lot Size0.17 Acres
Price / SF$105.38
Days on Market100
Property Features for 2986 ROBERT C BYRD DRIVE
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Area 1
Standard status
Active
Size
948 SF
Lot size
0.17 Acres
Building Details
Year built
1945
Listing Agency:
OLD COLONY REALTORS
(304) 255-6555
Listed By:
Ashley Staples
(304) 923-3790
Added: Apr 22
Changed: Jun 14
Last Checked: Jul 30 at 7:06PM
MLS# 94783
Copyright © 2026 Beckley 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.
This mixed-use property is located on Robert C Byrd Drive and is zoned for both commercial and residential use. The property offers flexibility for various business opportunities, including office space, retail, rental income, or owner-occupant use. The property features paved parking in the front and a gravel parking area in the rear, accommodating more than 10 vehicles. It is conveniently located with easy access to area hospitals, shopping, and other amenities. The property also includes a full unfinished basement with a garage door, providing storage or expansion potential. The property has high traffic exposure and easy access. The lot size is 0.17 acres, and the property size is 948 square feet. The property is being sold AS-IS.
Key Highlights
- Mixed‑use zoning offers flexibility for various business opportunities
- High‑traffic location on Robert C Byrd Drive provides strong exposure and easy access
- Ample parking with paved front and gravel rear (accommodates 10+ vehicles)
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 | $14.2k | $15.00 |
| − Vacancy | −$1.2k | −$1.25 |
| EGI | $13.0k | $13.76 |
| − OpEx | −$3.9k | −$4.13 |
| NOI | $9.1k | $9.63 |
948 SF · lease $15.00/SF/yr · vacancy 8.30% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$497.1K
$435.0K – $580.0K
NOI $34,797 @ 7.0% cap · market cap 34.83%
Second Best
Office B
$146.3K
$128.0K – $170.6K
NOI $10,238 @ 7.0% cap · market cap 10.25%
Theoretical Best
Multifamily LT 5
$558.6K
$488.8K – $651.7K
NOI $39,101 @ 7.0% cap · market cap 39.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
644
Businesses Nearby
Explore this area
Business Placement
Demographics for 25801, WV
31,369
Population
15,185
Households
2.1
Avg Household Size
43
Median Age
23%
College-Educated
88%
High-School Grad
99.1 sq mi
ZIP Area
317
Density / Sq Mi
$49,370
Median Household Income
$35,314
Median Earnings
$842
Median Rent
$151,000
Median Home Value
Market
Properties on Market for Mixed-use properties in Beckley
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile commercial/residential property with high traffic exposure and ample parking.
Where is this mixed-use property located?
The property is located at 2986 ROBERT C BYRD DRIVE Beckley, WV.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Mixed‑use zoning offers flexibility for various business opportunities; High‑traffic location on Robert C Byrd Drive provides strong exposure and easy access; Ample parking with paved front and gravel rear (accommodates 10+ vehicles)
