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Two-Story Office Building
New
For Sale
$950,000

725 RITTER DR, Beaver, WV 25813

COMMERCIAL - BEAVER, WV

Property Size7,442 SF
Lot Size1.15 Acres
Price / SF$127.65
Days on Market4

Property Features for 725 RITTER DR

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Area 5
Standard status Active
Size 7,442 SF
Lot size 1.15 Acres

Building Details

Year built 2012
Listing Agency: ARMES REAL ESTATE & LAND COMPANY INC.
Listed By: Lisa Armes · License #WVB230300912
Added: Aug 4 Last Checked: Aug 7 at 5:06AM
MLS# 95301

Copyright © 2026 Beckley 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.

Built in 2012, this two-level office building contains 7,442 square feet on a 1.15-acre parcel. The contemporary stucco exterior is complemented by a paved parking area, while separate entrances on opposite sides of the structure support operational separation between occupants or departments.

The interior includes 12 expansive offices and several bathrooms. Its configuration offers substantial workspace within a single commercial building and may accommodate users seeking multiple private offices or divided office areas. The property is located at 725 Ritter Dr in Beaver, West Virginia, 25813.

Key Highlights

  • 7,442‑square‑foot office building completed in 2012
  • Two‑story contemporary stucco construction
  • 12 expansive offices with several bathrooms

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
$80,374
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
8.46%
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%
$1,607,480 $1.6M
Cap Rate 7%
$1,148,200 $1.1M
Cap Rate 9%
$893,044 $893.0K
Market Conditions
NOI Build-Up for 7,442 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
$134.0K $18.00/SF
− Vacancy
−$26.8K −$3.60/SF
EGI
$107.2K $14.40/SF
− OpEx
−$26.8K −$3.60/SF
NOI
$80.4K $10.80/SF
Area
Raleigh County, WV
Vacancy
20.00%
Lease Rate
$18.00 /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%
$1,607,480
Cap Rate 7%
$1,148,200
Cap Rate 9%
$893,044

Alternative Uses

Best Use
Office B
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,374 @ 7.0% cap · market cap 8.46%
Second Best
no second resolved use
Theoretical Best
Multifamily LT 5
$4.39M
$3.84M – $5.12M (±1% cap)
NOI $306,951 @ 7.0% cap · market cap 32.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Beckley Sleep Center Physician Michael Belcher TV ... Home Appliance Store

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Storage Facility Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Office units

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby

Demographics for 25813, WV

7,017
Population
2,880
Households
2.4
Avg Household Size
38
Median Age
19%
College-Educated
85%
High-School Grad
45.9 sq mi
ZIP Area
153
Density / Sq Mi
$57,500
Median Household Income
$32,177
Median Earnings
$1,015
Median Rent
$147,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Flexible office property with dual access points, multiple work areas, paved parking, and bathroom facilities.
Where is this office building located?
The property is located at 725 RITTER DR Beaver, WV.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 7,442‑square‑foot office building completed in 2012; Two‑story contemporary stucco construction; 12 expansive offices with several bathrooms
More about this property
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