All-Brick Office
For Sale
$399,900
6467 Farmdale Road, Barboursville, WV 25504
COMMERCIAL - Barboursville, WV
Property Size1,800 SF
Lot Size0.13 Acres
Price / SF$222.17
Days on Market280
Property Features for 6467 Farmdale Road
General Information
Property type
Commercial Sale
Property subtype
Office
Lot features
Level, Corner, Easements
Directions
Rt 60 to Farmdale Rd. Building on the right.
Subdivision
13 - Barboursville
Standard status
Active
APN
70
Size
1,800 SF
Lot size
0.13 Acres
Utilities
Heating system
Natural Gas, Central
Cooling system
Central Air
Amenities
bathrooms
kitchen
Building Details
Year built
1925
Building materials
Brick
Roof type
Shingle
Listing Agency:
Century 21 Homes and Land
(304) 736-6655
Listed By:
Brody Nash · License #29516
(304) 208-6190
Added: Nov 19, 2025
Changed: Aug 4
Last Checked: Aug 26 at 8:06AM
MLS# 182702
Copyright © 2026 Huntington 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.
Investment Insights
Based on property information with market context.
This all-brick office building provides professional office space totaling 1,800 square feet on a 0.13-acre lot. Constructed in 1925 with a shingle roof, the space is heated with natural gas and cooled with central air. The interior includes two bathrooms and a fully equipped kitchen, supporting everyday client meetings and day-to-day office operations.
Located at 6467 Farmdale Road in Barboursville, WV, the property is presented as an owner-occupied or tenant-in-place opportunity in a gateway area setting.
For businesses seeking a compact, centrally heated and cooled office environment with on-site kitchen and restroom facilities, this property’s layout is positioned to accommodate regular client traffic and routine workflows.
Located at 6467 Farmdale Road in Barboursville, WV, the property is presented as an owner-occupied or tenant-in-place opportunity in a gateway area setting.
For businesses seeking a compact, centrally heated and cooled office environment with on-site kitchen and restroom facilities, this property’s layout is positioned to accommodate regular client traffic and routine workflows.
Key Highlights
- 1,800 SF all‑brick office building on a 0.13‑acre lot
- Constructed in 1925 with shingle roof
- Central natural gas heat and central air conditioning
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
$20,989
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
5.25%
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%
$419,780
$419.8K
Cap Rate 7%
$299,843
$299.8K
Cap Rate 9%
$233,211
$233.2K
Market Conditions
NOI Build-Up for 1,800 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
$34.1K $18.96/SF
− Vacancy
−$6.1K −$3.41/SF
EGI
$28.0K $15.55/SF
− OpEx
−$7.0K −$3.89/SF
NOI
$21.0K $11.66/SF
Area
Cabell County, WV
Vacancy
18.00%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
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%
$419,780
Cap Rate 7%
$299,843
Cap Rate 9%
$233,211
Alternative Uses
Best Use
Office B
$299.8K
$262.4K – $349.8K
NOI $20,989 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.09M
$954.5K – $1.27M
NOI $76,358 @ 7.0% cap · market cap 19.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
708
Businesses Nearby
Explore this area
Business Placement
Demographics for 25504, WV
12,972
Population
5,492
Households
2.4
Avg Household Size
43
Median Age
32%
College-Educated
91%
High-School Grad
52.2 sq mi
ZIP Area
249
Density / Sq Mi
$59,577
Median Household Income
$37,995
Median Earnings
$885
Median Rent
$181,000
Median Home Value
Market
Vacancy Rate% for Office 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?
Office building - All-brick office building with central natural gas heat, central air, a fully equipped kitchen, and two bathrooms.
Where is this office building located?
The property is located at 6467 Farmdale Road Barboursville, WV.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1,800 SF all‑brick office building on a 0.13‑acre lot; Constructed in 1925 with shingle roof; Central natural gas heat and central air conditioning
