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    2103 Chestnut St Kenova, WV 25530

    Sponsored
    For Sale
    $299,000

    1.2-acre commercial lot, prime location, 20 parking spaces.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.2-acre mixed-use land parcel presents a remarkable development opportunity in Kenova, West Virginia. Located at 2103 Chestnut St, in Wayne County, zip code 25530, this property boasts a prime location with significant potential for various commercial ventures. The asking price is $299,000. The lot's generous size allows for ample flexibility in design and construction, catering to a wide range of development plans. The existing infrastructure includes convenient on-site parking for 20 vehicles, addressing a key requirement for many commercial uses. The property's strategic location within Kenova offers easy access to local amenities and transportation networks, enhancing its overall appeal and potential for attracting businesses and customers. This is a rare opportunity to acquire a substantial land parcel in a thriving West Virginia community, ready for immediate development. Don't miss this chance to capitalize on the potential of this highly desirable location. The property is zoned for commercial use. Further details are available upon request.

    Property Features for 2103 Chestnut St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    52,272 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kenova
    County
    Wayne
    State
    West Virginia
    Longitude
    -82.5894502
    Latitude
    38.4030451

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    Nearby Similar for Sale

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      Prime Kenova WV Land Opportunity

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    FAQs

    What type of property is this?
    Mixed-use property - 1.2-acre commercial lot, prime location, 20 parking spaces.
    Where is this mixed-use property located?
    The property is located at 2103 Chestnut St Kenova, WV.
    What is the asking price?
    The asking price for this property is $299,000.
    Request Owner's contact information
    2103 Chestnut St Kenova, WV 25530
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    Kenova, WV 25530
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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
    2103 Chestnut St Kenova, WV 25530
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