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    5700 Maccorkle Ave Charleston, WV 25304

    Sponsored
    For Lease
    $1,380,000

    1.95 Acres, High Visibility, Ideal Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.95-acre parcel, located at 5700 MacCorkle Ave SE in Charleston, West Virginia, presents a unique opportunity for developers. Zoned C-8, this single-tenant property offers 84,942 square feet of land and boasts unparalleled visibility along MacCorkle Avenue, a major thoroughfare with high daily traffic volume. Its strategic location in Kanawha City, near the Kanawha Mall, ensures significant exposure and accessibility. The property's proximity to major interstate highways—I-64, I-77, and I-79—as well as the West Virginia International Yeager Airport, provides exceptional logistical advantages for businesses requiring convenient transportation links. This versatile land is suitable for a wide range of commercial, industrial, and even residential developments, making it an attractive investment for those seeking a prime location in a thriving West Virginia market. The property is situated in Kanawha County and has a zip code of 25304. This is a rare opportunity to acquire a sizable, well-located parcel ready for immediate development. The property is classified as Land with subtypes of Industrial, Commercial, and Residential.

    Property Features for 5700 Maccorkle Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    Total Rate
    1380000

    Unit(s) available at that property

    Space
    Size
    0 SF
    Rate per SF
    $1,380,000

    HighLights

    • 1.95‑acre site north of MacCorkle Avenue.
    • Excellent access to I‑64, I‑77, I‑79, and Yeager Airport.
    • High visibility from MacCorkle Avenue, with significant daily traffic.
    • Prominent corner location at 57th Street and MacCorkle Avenue.
    • C‑8 zoning with a 30,000 sq ft building size limit.
    • Near a strip mall and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kanawha Landing Shopping Mall

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Kanawha
    State
    West Virginia
    Longitude
    -81.5684099
    Latitude
    38.3138817

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    FAQs

    What type of property is this?
    Land - 1.95 Acres, High Visibility, Ideal Development
    Where is this land located?
    The property is located at 5700 Maccorkle Ave Charleston, WV.
    What is the lease rate?
    The lease rate is $1,380,000.
    What are key features of this property?
    This property features: 1.95-acre site north of MacCorkle Avenue.; Excellent access to I-64, I-77, I-79, and Yeager Airport.; High visibility from MacCorkle Avenue, with significant daily traffic.
    Request Owner's contact information
    5700 Maccorkle Ave Charleston, WV 25304
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    Charleston, WV 25304
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    Realmo Value Estimation

    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.

    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.

    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
    5700 Maccorkle Ave Charleston, WV 25304
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