Hedgesville Salvage Yard
For Sale
$299,900
85 Tuscarora Pike, Hedgesville, WV 25427
4+ acre salvage yard with garage and renovation potential.
Property Size2,560 SF
Lot Size4.00 Acres
Price / SF$117.15
Days on Market146
Property Features for 85 Tuscarora Pike
General Information
Standard status
Active
Size
2,560 SF
Lot size
4.00 Acres
Building Details
Year Built
1967
Listing Agency:
RE/MAX Real Estate Group
Listed By:
Matthew P Ridgeway
(304) 676-2904
Source:
Kandorre
Added: Apr 10
Changed: Aug 23
Last Checked: Sep 1 at 10:22PM
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 RE/MAX Real Estate Group
Investment Insights
Based on property information with market context.
This property presents an investment opportunity with a permitted salvage yard. The permit is currently in good standing. A 40 x 48 garage features two 12-foot doors and a 12-foot clear height suitable for a lift, along with a large loft for storage. The property includes a mobile home that is currently rented, plus two additional unoccupied homes ready for renovation. The property spans over 4 acres and includes stream frontage.
Key Highlights
- Permitted salvage yard with permit in good standing
- 40 x 48 garage featuring two 12‑foot doors and 12' clear height, plus large loft storage
- Over 4 acres of land
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
$16,510
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
5.51%
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%
$330,200
$330.2K
Cap Rate 7%
$235,857
$235.9K
Cap Rate 9%
$183,444
$183.4K
Market Conditions
NOI Build-Up for 2,560 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
$25.5K $9.96/SF
− Vacancy
−$1.9K −$0.75/SF
EGI
$23.6K $9.21/SF
− OpEx
−$7.1K −$2.76/SF
NOI
$16.5K $6.45/SF
Area
Berkeley County, WV
Vacancy
7.50%
Lease Rate
$9.96 /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%
$330,200
Cap Rate 7%
$235,857
Cap Rate 9%
$183,444
Alternative Uses
Best Use
Retail
$235.9K
$206.4K – $275.2K
NOI $16,510 @ 7.0% cap · market cap 5.51%
Second Best
Industrial
$211.3K
$184.9K – $246.5K
NOI $14,789 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$463.4K
$405.5K – $540.7K
NOI $32,440 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 25427, WV
16,219
Population
7,193
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
92%
High-School Grad
130.9 sq mi
ZIP Area
124
Density / Sq Mi
$86,985
Median Household Income
$44,981
Median Earnings
$1,218
Median Rent
$257,900
Median Home Value
Market
Vacancy Rate% for Retail 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?
Automotive property - 4+ acre salvage yard with garage and renovation potential.
Where is this automotive property located?
The property is located at 85 Tuscarora Pike Hedgesville, WV.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Permitted salvage yard with permit in good standing; 40 x 48 garage featuring two 12‑foot doors and 12' clear height, plus large loft storage; Over 4 acres of land
