Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land Near Hollywood Casino Title is generated by Realmo AI

    334 W Virginia Way, Ranson, WV

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Land suitable for restaurant, service, and convenience uses.

    Type:LAND
    Lot size:
    0.71 Acres
    Added:
    Aug 22, 2025
    Days on Market:
    288
    Last Refresh:
    May 20 at 9:21 pm

    Property Features for 334 W Virginia Way

    General Information

    Standard status
    Active
    Lot size
    0.71 Acres
    Property subtype
    LAND

    Properties For Sale

    at 334 W Virginia Way Contact us

    We can help!

    Listing Contact
    Andrew
    Andrew "Andy" Segall

    Listing agent Andrew "Andy" Segall License #5695

    Listing office Segall Group

    Listing date Aug 22, 2025

    Source Moodyscre

    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 Segall Group

    HighLights

    • Excellent access and exposure to busy WV Route 9.
    • Two miles from Hollywood Casino at Charles Town Races.
    • Opportunities for restaurant, service, and convenience uses.
    • Serving the fast‑growing West Virginia panhandle region.

    Overview

    Located two miles from Hollywood Casino at Charles Town Races, this commercial land offers access and exposure to West Virginia Route 9. Opportunities are available for restaurant, service, and convenience uses, serving the growing West Virginia panhandle region.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Ranson
    County
    Jefferson
    State
    West Virginia
    Longitude
    -77.8493
    Latitude
    39.3211

    Nearby Similar for Sale

    • $60,000

      Residential Lots in Ranson, WV

      Four residential lots totaling 0.28 acres in Ranson, WV.
      415 MCDONALD Street, RANSON, WV 25438
      View Details
    • $74,900

      Residential Lot in Growing City

      Cleared lot to build your dream home in Ranson!
      406 E 11TH Avenue, RANSON, WV 25438
      View Details
    • $125,000

      Fenced Corner Lot with Building

      Commercial land with small building in Ranson, West Virginia.
      223 N Fairfax Blvd, RANSON, WV 25438
      View Details
    • $3,500,000

      Highway Commercial Land for Sale

      11.14 acres of highway commercial land near public utilities.
      CURRIE ROAD RT 9 AND MILDRED ST, Ranson, WV 25438
      View Details
    • $1,100,000

      Restaurant and Mobile Home Park

      Turn-key restaurant with mobile home park lot rentals.
      1026 N Mildred St, RANSON, WV 25438
      View Details
    • $69,000

      Corner Lot in Ranson

      Two-lot corner property, confirm acceptable use with Ranson City.
      300 E 4th Ave, RANSON, WV 25438
      View Details
    • Contact for pricing

      Commercial Lots in Growing Region

      Commercial lots for lease or sale in Ranson, West Virginia.
      0 Ranson Blvd, Ranson, WV
      View Details
    • Contact for pricing

      Commercial Lots in Growing Region

      Commercial lots for lease or sale in Ranson, West Virginia.
      0 Baker Blvd, Ranson, WV
      View Details
    • Contact for pricing

      Commercial Lots in Growing Region

      Commercial lots for lease or sale in Ranson, West Virginia.
      Boulevard at Potomac Towne, Ranson, WV 25438
      View Details

    FAQs

    What type of property is this?
    Land - Land suitable for restaurant, service, and convenience uses.
    Where is this land located?
    The property is located at 334 W Virginia Way Ranson, WV.
    What are key features of this property?
    This property features: Excellent access and exposure to busy WV Route 9.; Two miles from Hollywood Casino at Charles Town Races.; Opportunities for restaurant, service, and convenience uses.
    (410) 960-0361 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Andrew
    Andrew "Andy" Segall
    Real Estate License ID: 5695
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    334 W Virginia Way, Ranson, WV
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!