Holiday Inn Express Hotel For
80 Old Nicholette Rd Mineral Wells, WV 26150
For Sale
Contact for pricing
Holiday Inn Express hotel property near Parkersburg Wood County Airport, with nearby retail and corporate employers.
Property Size36,000 SF
Price / SF$208.31
Days on Market85
Property Features for 80 Old Nicholette Rd
General Information
- Standard status
- Active
- Size
- 36,000 SF
- Property subtype
- Hospitality
Building Details
- Year Built
- 2017
Listing Agency:
E-Merge Real Estate
(614) 678-5505
Listed By:
Thomas Buoni · License #2016002482
Source:
Crexi
Added: Apr 30
Changed: Jul 23
Last Checked: Jul 23 at 9:57AM
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 E-Merge Real Estate
Investment Insights
Based on property information with market context.
Holiday Inn Express Hotel is offered for sale and totals approximately 36,000 square feet. The property is situated outside Parkersburg, West Virginia, and benefits from a convenient connection to Parkersburg Wood County Airport (PKB).
Local points of interest within about 15 minutes include Blennerhassett Island State Park, featuring a museum and walking trails. The area also includes close-by retail and attractions such as Holl’s Swiss Chocolatier and Grand Central Mall.
Corporate offices in the broader area include DuPont and Kraton Chemical, located within about 10 miles of the hotel.
Local points of interest within about 15 minutes include Blennerhassett Island State Park, featuring a museum and walking trails. The area also includes close-by retail and attractions such as Holl’s Swiss Chocolatier and Grand Central Mall.
Corporate offices in the broader area include DuPont and Kraton Chemical, located within about 10 miles of the hotel.
Key Highlights
- Holiday Inn Express hotel property built in 2017
- Located right outside Parkersburg, West Virginia
- Near Parkersburg Wood County Airport (PKB)
Financial Insights For Hotel Hospitality
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 | $540.0k | $15.00 |
| − Vacancy | −$64.8k | −$1.80 |
| EGI | $475.2k | $13.20 |
| − OpEx | −$249.5k | −$6.93 |
| NOI | $225.7k | $6.27 |
36,000 SF · lease $15.00/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$3.22M
$2.82M – $3.76M
NOI $225,720 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.92M
$8.68M – $11.58M
NOI $694,656 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hotels
FAQs
What type of property is this?
Hotel - Holiday Inn Express hotel property near Parkersburg Wood County Airport, with nearby retail and corporate employers.
Where is this hotel located?
The property is located at 80 Old Nicholette Rd Mineral Wells, WV.
What is the asking price?
The asking price for this property is $7,499,000.
What are key features of this property?
This property features: Holiday Inn Express hotel property built in 2017; Located right outside Parkersburg, West Virginia; Near Parkersburg Wood County Airport (PKB)
