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    Operational Kennel with Residential Home Title is generated by Realmo AI

    611 Mount Liberty Road, Philippi, WV 26416

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    Claim this Listing
    For Sale
    $395,000

    MULTI_FAMILY - Philippi, WV

    Property size:
    1,824 SF
    Lot size:
    26.83 Acres
    Price / SF:
    $216/SF
    Added:
    May 21, 2026
    Days on Market:
    8
    Last Refresh:
    May 28 at 4:06 pm

    Property Features for 611 Mount Liberty Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Unrestricted Residential
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3
    Parking features
    Off Street
    Patio and Porch features
    Patio, Deck
    Interior features
    Skylight(s)
    Exterior features
    Patio, Deck, Storage Shed/Out Bldg, Private Yard
    Fencing
    Chain Link
    Appliances
    Range, Disposal, Refrigerator, Washer, Dryer
    Standard status
    Active
    Size
    1,824 SF
    Lot size
    26.83 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    26.33 SUR HSE & BLDS; LAUREL RUN
    Tax Annual Amount
    1100

    Utilities

    Heating system
    Propane (Heating)
    Cooling system
    Gas (Cooling), Electric, Ceiling Fan(s), Central Air
    Water front features
    Creek

    Building Details

    Year built
    1994
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Slate
    Building materials
    Block
    Roof type
    Metal
    Additional Structures
    Storage

    We can help!

    Listing Contact
    JULIE KNIGHT

    Listing agent JULIE KNIGHT License #WV0030446

    Listing office OLD COLONY COMPANY OF MORGANTOWN 1000 Hampton Center Suite H, Morgantown, WV

    Listing date May 21, 2026

    MLS# 10162570 Listing URL

    Copyright © 2026 North Central West Virginia Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully operational kennel and training facility with attached three‑bedroom home
    • 26‑acre property with room for expansion
    • Free gas and both well and city water (with Jockey pump)
    • Main facility features radiant floor heat, slate and stone flooring, and a 6‑year‑old metal roof with 8 skylights
    • 22 indoor/outdoor runs, bathing station, mason gates, and confidence course
    • Two industrial roof fans exchanging air every three minutes

    Overview

    This property features a fully operational kennel and training facility with an attached three-bedroom home, situated on 26 acres. The property has been operating as Chiodo Kennels since 1995. It includes free gas, well and city water, and a recently expanded septic field. The main facility is block constructed with slate and stone flooring, radiant floor heat, and a six-year-old metal roof with eight skylights. Two industrial roof fans exchange air every three minutes. The kennel includes 22 indoor/outdoor runs (4x4 inside and 4x8 outside), with two oversized runs. Additional amenities include a bathing station, mason gates, and a confidence course with a puppy maze and small pool. The property has unrestricted residential zoning. The building size is 1824 square feet. The kennel is located in Philippi, WV.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nursery and garden centers

    Suggested Use

    Hair Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Philippi
    County
    Barbour
    State
    West Virginia
    Longitude
    -80.021264
    Latitude
    39.07949

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    FAQs

    What type of property is this?
    Nursery and garden center - Kennel, training facility, and three-bedroom home on 26 acres.
    Where is this nursery and garden center located?
    The property is located at 611 Mount Liberty Road Philippi, WV.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Fully operational kennel and training facility with attached three‑bedroom home; 26‑acre property with room for expansion; Free gas and both well and city water (with Jockey pump)
    (304) 680-6404
    We can help!
    Listing Contact
    JULIE KNIGHT
    Real Estate License ID: WV0030446
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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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