Building Details

Year Built 1956

Buildings 1

Building Size 6,650 SF

Listing Agency: Berkshire Hathaway HomeServices Professional Realty

Listed By: Steven M Shaver · License #2023002263 Show Phone

Source: Theacclaimedrealty

Added: Oct 7 Last Checked: Oct 7 at 2:28PM

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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 Berkshire Hathaway HomeServices Professional Realty

Investment Insights

Based on property information with market context.

This 6,650-square-foot warehouse in Parkersburg includes five dock-height truck doors and one drive-in overhead door. Building improvements include a new HVAC system, metal siding, a camera security system, updated warehouse lighting, and refreshed office space. A restroom with a shower is also on site.

The property is at 3500 Camden Ave, with access to I-77 and Route 95. Built in 1956, the building is currently used for warehouse space.

Key Highlights

• 6,650‑square‑foot warehouse building
• Five dock‑height truck doors and one drive‑in overhead door
• New HVAC system, metal siding, camera security system, and updated warehouse lighting

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$34,210

Cap Rate

4.57%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$684,200 $684.2K

Cap Rate 7%

$488,714 $488.7K

Cap Rate 9%

$380,111 $380.1K

Market Conditions

NOI Build-Up for 6,650 SF

Gross rent

$43.9K $6.60/SF

− Vacancy

−$3.6K −$0.55/SF

EGI

$40.2K $6.05/SF

− OpEx

−$6.0K −$0.91/SF

NOI

$34.2K $5.14/SF

Area

Wood County, WV

Vacancy

8.30%

Lease Rate

$6.60 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$684,200

Cap Rate 7%

$488,714

Cap Rate 9%

$380,111

Alternative Uses

Best Use

Warehouse

$488.7K

$427.6K – $570.2K (±1% cap)

NOI $34,210 @ 7.0% cap · market cap 4.57%

Second Best

Industrial

$402.5K

$352.2K – $469.6K (±1% cap)

NOI $28,173 @ 7.0% cap · market cap 3.76%

Theoretical Best

Office A

$1.83M

$1.60M – $2.14M (±1% cap)

NOI $128,318 @ 7.0% cap · market cap 17.13%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Parkersburg Delivery Services Shipping Company

Suggested Use

Top Pick Law Firm Real Estate Agency Furniture & Home Goods Computer & Electronic Repair Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5

Dock-high doors

1

Drive-in doors

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

158

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 26101, WV

28,337

Population

14,134

Households

2

Avg Household Size

41

Median Age

16%

College-Educated

84%

High-School Grad

30.8 sq mi

ZIP Area

920

Density / Sq Mi

$45,556

Median Household Income

$31,511

Median Earnings

$759

Median Rent

$107,300

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Truck access, updated office space, and upgraded building systems support warehouse and distribution operations.

Where is this warehouse located?

The property is located at 3500 Camden Ave Parkersburg, WV.

What is the asking price?

The asking price for this property is $749,000.

What are key features of this property?

This property features: 6,650‑square‑foot warehouse building; Five dock‑height truck doors and one drive‑in overhead door; New HVAC system, metal siding, camera security system, and updated warehouse lighting