Fully Occupied Parkersburg Shopping
For Sale
Contact for pricing
4000 Murdoch Ave, Parkersburg, WV 26105
Fully occupied shopping center available for sale in Parkersburg, WV.
Property Size75,344 SF
Price / SF$111.95
Days on Market205
Property Features for 4000 Murdoch Ave
General Information
Standard status
Active
Size
75,344 SF
Property subtype
Retail
Occupancy
100%
Net Operating Income
$759,165
Listing Agency:
Century Realty
Listed By:
Adam Weidner · License #WV WV0029822
(304) 232-5411
Source:
Crexi
Added: Mar 16
Changed: Oct 3
Last Checked: Oct 5 at 7:04PM
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 Century Realty
Investment Insights
Based on property information with market context.
This fully occupied shopping center is available for sale. The property is located in Parkersburg, WV. The property has a size of 75344 square feet.
Key Highlights
- Fully occupied
- Shipping center
- Parkersburg, WV
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$727,570
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,551,400
$14.6M
Cap Rate 7%
$10,393,857
$10.4M
Cap Rate 9%
$8,084,111
$8.1M
Market Conditions
NOI Build-Up for 75,344 SF
Gross rent
$1.08M $14.40/SF
− Vacancy
−$45.6K −$0.60/SF
EGI
$1.04M $13.80/SF
− OpEx
−$311.8K −$4.14/SF
NOI
$727.6K $9.66/SF
Area
Wood County, WV
Vacancy
4.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,551,400
Cap Rate 7%
$10,393,857
Cap Rate 9%
$8,084,111
Alternative Uses
Best Use
Retail
$10.39M
$9.09M – $12.13M
NOI $727,570 @ 7.0% cap · market cap 8.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$20.77M
$18.17M – $24.23M
NOI $1,453,838 @ 7.0% cap · market cap 17.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
779
Businesses Nearby
702k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 30%
Dining 29%
Superstores 21%
Shops & Services 11%
Walmart
Superstores
125,637 visits/mo
0.5 miles
JCPenney
Apparel
53,137 visits/mo
0.4 miles
Chick-fil-A
Dining
51,449 visits/mo
0.2 miles
T.J. Maxx
Apparel
50,205 visits/mo
0.4 miles
Dunham's Sports
Apparel
49,054 visits/mo
0.4 miles
Demographics for 26105, WV
12,247
Population
5,861
Households
2.1
Avg Household Size
45
Median Age
31%
College-Educated
97%
High-School Grad
11.9 sq mi
ZIP Area
1,029
Density / Sq Mi
$65,549
Median Household Income
$40,233
Median Earnings
$859
Median Rent
$162,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Lakeview Shopping Center — 100 Lakeview, Center St, Parkersburg, WV 26101
- Grand Central Mall — 100 Grand Central Mall, Vienna, WV 26105
- Grand Central Plaza — 4000-4040 Murdoch Ave, Parkersburg, WV 26102
Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied shopping center available for sale in Parkersburg, WV.
Where is this shopping center located?
The property is located at 4000 Murdoch Ave Parkersburg, WV.
What is the asking price?
The asking price for this property is $8,435,000.
What are key features of this property?
This property features: Fully occupied; Shipping center; Parkersburg, WV
