Mixed-Use Property with
New
For Sale
$129,999
6087 Sissonville Drive, Charleston, WV 25312
Storefront component paired with a move-in-ready three-bedroom apartment near I-77, schools, and everyday amenities.
Property Size1,075 SF
Days on Market2
Property Features for 6087 Sissonville Drive
General Information
Standard status
Active
Size
1,075 SF
Property subtype
Other
Units
Unit Mix
1 x 3BR
Multifamily Units
1
Additional Details
Highway Access
Yes
Building Details
Building Size
1,075 SF
Listing Agency:
Joe R. Pyle Complete Auction and Realty Service
Listed By:
Todd Short
(304) 592-6000
Source:
Commercialcafe
Added: Sep 1
Last Checked: Sep 2 at 1:58PM
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 Joe R. Pyle Complete Auction and Realty Service
Investment Insights
Based on property information with market context.
This mixed-use property combines a commercial storefront with a move-in-ready three-bedroom apartment. The storefront is described as income-generating, while the residential component provides a separate apartment configuration within the property.
Located at 6087 Sissonville Drive in Charleston, West Virginia, the property is a short distance from I-77, schools, and everyday amenities. The sale will be conducted through an online public auction ending Wednesday, August 26th at 6PM.
Located at 6087 Sissonville Drive in Charleston, West Virginia, the property is a short distance from I-77, schools, and everyday amenities. The sale will be conducted through an online public auction ending Wednesday, August 26th at 6PM.
Key Highlights
- Mixed‑use property with an income‑generating storefront
- Move‑in‑ready 3‑bedroom apartment
- Located at 6087 Sissonville Drive, Charleston, WV 25312
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,381
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$207,620
$207.6K
Cap Rate 7%
$148,300
$148.3K
Cap Rate 9%
$115,344
$115.3K
Market Conditions
NOI Build-Up for 1,075 SF
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.
Gross rent
$15.5K $14.40/SF
− Vacancy
−$650 −$0.60/SF
EGI
$14.8K $13.80/SF
− OpEx
−$4.4K −$4.14/SF
NOI
$10.4K $9.66/SF
Area
Kanawha 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$207,620
Cap Rate 7%
$148,300
Cap Rate 9%
$115,344
Alternative Uses
Best Use
Retail
$148.3K
$129.8K – $173.0K
NOI $10,381 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$99.0K
$86.7K – $115.5K
NOI $6,932 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$237.1K
$207.4K – $276.6K
NOI $16,595 @ 7.0% cap · market cap 12.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Explore this area
Business Placement
Demographics for 25312, WV
8,823
Population
4,305
Households
2
Avg Household Size
46
Median Age
16%
College-Educated
91%
High-School Grad
71.0 sq mi
ZIP Area
124
Density / Sq Mi
$58,220
Median Household Income
$38,984
Median Earnings
$810
Median Rent
$126,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Storefront component paired with a move-in-ready three-bedroom apartment near I-77, schools, and everyday amenities.
Where is this mixed-use property located?
The property is located at 6087 Sissonville Drive Charleston, WV.
What is the asking price?
The asking price for this property is $129,999.
What are key features of this property?
This property features: Mixed‑use property with an income‑generating storefront; Move‑in‑ready 3‑bedroom apartment; Located at 6087 Sissonville Drive, Charleston, WV 25312
