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    Versatile Commercial Property in Belle, WV Title is generated by Realmo AI

    602 E Dupont Avenue, Belle, WV 25015

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    For Sale
    $135,000

    SINGLE_FAMILY - Belle, WV

    Type:Office
    Property size:
    985 SF
    Price / SF:
    $137/SF
    Added:
    May 29, 2026
    Days on Market:
    2
    Last Refresh:
    May 30 at 3:06 pm

    Property Features for 602 E Dupont Avenue

    General Information

    Property type
    Residential
    Property subtype
    Office
    Parking features
    Off Street
    Standard status
    Active
    APN
    29-0004-0382-0001-0000
    Size
    985 SF

    Taxes and HOA fees

    Tax Description
    PARS 177-B & 178-B SEC 2 BELLE
    Tax Annual Amount
    1348

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Flooring type
    Vinyl, Carpet
    Building materials
    Brick, Block, Drywall
    Roof type
    Flat

    We can help!

    Listing Contact
    Beth Stamper
    Beth Stamper

    Listing agent Beth Stamper License #0022287

    Listing office RE/MAX Clarity 3520 Teays Valley Road Suite 3, Hurricane, WV

    Listing date May 29, 2026

    MLS# 283749

    Copyright © 2026 Kanawha Valley 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.

    HighLights

    • Versatile layout adaptable to various business needs.
    • Existing setup includes barber shop, nail salon, and tattoo studio.
    • Excellent opportunity for entrepreneurs and business owners.
    • Central air conditioning.
    • Off‑street parking.
    • Public water and sewer connections.

    Overview

    This commercial property, located in Belle, WV, offers an opportunity for entrepreneurs and business owners to establish or expand their ventures. The property has 985 square feet of retail space. The current setup includes a barber shop, nail salon, and tattoo studio. The layout is versatile and can be adapted to suit other business needs. This location offers flexibility and potential for various business activities.

    Local 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 $14.40
    − Vacancy −$596 −$0.60
    EGI $13.6k $13.80
    − OpEx −$4.1k −$4.14
    NOI $9.5k $9.66
    985 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $135.9K
    $118.9K – $158.5K (±1% cap)
    NOI $9,512 @ 7.0% cap · market cap 7.05%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $217.2K
    $190.1K – $253.4K (±1% cap)
    NOI $15,205 @ 7.0% cap · market cap 11.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Dental Office Building Supply Daycare Center Accounting Firm Auto Repair Shop Food Market Grocery & Convenience Store Bakery Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Belle
    County
    Kanawha
    State
    West Virginia
    Longitude
    -81.538927
    Latitude
    38.233046

    FAQs

    What type of property is this?
    Retail space - Adaptable commercial space suitable for various business ventures.
    Where is this retail space located?
    The property is located at 602 E Dupont Avenue Belle, WV.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: Versatile layout adaptable to various business needs.; Existing setup includes barber shop, nail salon, and tattoo studio.; Excellent opportunity for entrepreneurs and business owners.
    (304) 546-1101
    We can help!
    Listing Contact
    Beth Stamper
    Beth Stamper
    Real Estate License ID: 0022287
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    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
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