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    5700 Maccorkle Ave Charleston, WV 25304

    Sponsored
    For Sale
    Contact for pricing

    Prime Charleston commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.95-acre commercial land parcel, located at 5700 MacCorkle Ave SE in Charleston, West Virginia, presents a unique investment opportunity. Situated in Kanawha County, zip code 25304, this property boasts unparalleled visibility and accessibility. The site is conveniently located north of MacCorkle Avenue, offering easy access to major transportation arteries including I-64, I-77, I-79, and the West Virginia International Yeager Airport. Thousands of vehicles traverse MacCorkle Avenue daily, ensuring high visibility for any development. The property's identifiable location near the intersection of 57th Street and MacCorkle Avenue further enhances its appeal. Currently zoned C-8, the zoning regulations restrict building sizes to a maximum of 30,000 square feet. The site benefits from its proximity to Kanawha Mall and numerous restaurants, providing ample amenities for potential tenants or customers. A decorative brick wall provides a buffer from the adjacent residential neighborhood. Importantly, this property is located within a designated Tax Incentive Opportunity Zone, offering potential tax advantages for investors. The land is owned by the Maier Foundation, a private, non-profit, charitable corporation. This prime location and advantageous features make this property an exceptional investment opportunity for developers seeking high-visibility commercial development in a thriving area of Charleston.

    Property Features for 5700 Maccorkle Ave

    General Information

    Property type
    Land
    Lot Size
    84,942 SF

    HighLights

    • 1.95‑acre parcel 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.
    • Convenient to Kanawha Mall and numerous 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
    -81.5672582
    Latitude
    38.3105403

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    FAQs

    What type of property is this?
    Land - Prime Charleston commercial land, ideal for development.
    Where is this land located?
    The property is located at 5700 Maccorkle Ave Charleston, WV.
    What are key features of this property?
    This property features: 1.95-acre parcel 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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    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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