Flex Space with Detached
For Sale
$325,000
Pending
4540 Emerson Avenue, Parkersburg, WV 26104
Open commercial space with a commercial kitchen, on-site parking, and adaptable interior configuration.
Property Size4,392 SF
Lot Size1.00 Acre
Days on Market559
Property Features for 4540 Emerson Avenue
General Information
Standard status
Pending
Size
4,392 SF
Lot size
1.00 Acre
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$2,909
Amenities
commercial kitchen
Building Details
Year Built
1975
Buildings
2
Listing Agency:
PMC Realty Services
(304) 485-8000
Listed By:
Garett Smith · License #220302129
(304) 580-6074
Source:
Exitrealty
Added: Apr 5, 2025
Changed: Sep 10
Last Checked: Sep 15 at 5:51AM
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 PMC Realty Services
Investment Insights
Based on property information with market context.
This flex property provides 4,392 square feet of commercial space on 1 acre in Parkersburg, West Virginia. The interior features an open plan and a commercial kitchen, with a prior bar-and-grill operation establishing a food-service component. An 890-square-foot detached garage adds separate storage capacity and may support additional rental use.
The property also includes on-site parking and is available for sale or lease. Built in 1975, the building offers a broad commercial footprint that can accommodate the range of business applications identified for the site, including fitness, coffee, daycare, and restaurant uses.
The property also includes on-site parking and is available for sale or lease. Built in 1975, the building offers a broad commercial footprint that can accommodate the range of business applications identified for the site, including fitness, coffee, daycare, and restaurant uses.
Key Highlights
- 4,392 square feet of commercial flex space on 1 acre
- 890‑square‑foot detached garage for storage or potential rental use
- Commercial kitchen supports food‑service applications
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,607
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,140
$372.1K
Cap Rate 7%
$265,814
$265.8K
Cap Rate 9%
$206,744
$206.7K
Market Conditions
NOI Build-Up for 4,392 SF
Gross rent
$29.0K $6.60/SF
− Vacancy
−$2.4K −$0.55/SF
EGI
$26.6K $6.05/SF
− OpEx
−$8.0K −$1.82/SF
NOI
$18.6K $4.24/SF
Area
Wood County, WV
Vacancy
8.30%
Lease Rate
$6.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,140
Cap Rate 7%
$265,814
Cap Rate 9%
$206,744
Alternative Uses
Best Use
Specialty Retail
$825.0K
$721.9K – $962.5K
NOI $57,750 @ 7.0% cap · market cap 17.77%
Second Best
Flex RnD
$538.5K
$471.2K – $628.3K
NOI $37,697 @ 7.0% cap · market cap 11.60%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,748 @ 7.0% cap · market cap 26.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 26104, WV
16,763
Population
8,351
Households
2
Avg Household Size
44
Median Age
25%
College-Educated
92%
High-School Grad
37.0 sq mi
ZIP Area
453
Density / Sq Mi
$51,695
Median Household Income
$40,262
Median Earnings
$720
Median Rent
$164,600
Median Home Value
Market
Vacancy Rate% for Industrial 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?
Flex space - Open commercial space with a commercial kitchen, on-site parking, and adaptable interior configuration.
Where is this flex space located?
The property is located at 4540 Emerson Avenue Parkersburg, WV.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 4,392 square feet of commercial flex space on 1 acre; 890‑square‑foot detached garage for storage or potential rental use; Commercial kitchen supports food‑service applications
