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Property profile & analytics

303 Merchant St Fairmont, WV 26554-5213

  • Warehouses
  • 0.20 lot acres
OFF-MARKET
Value Estimation
$300,000
Location Intelligence
Property ID
US94-0113093
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 303 Merchant St

Lot size
0.20 lot acres
Property type
Warehouses
APN
24-05- 7-0042.0000
APU
2405700420000

Description

This Fairmont, WV property, located at 303-305 Merchant Street, offers 12,800 square feet of flexible commercial space for lease. The property consists of two, single-story buildings totaling 12,800 square feet, built in 1938, and situated on a 0.815-acre lot. Divisible spaces range from 2,800 to 10,000 contiguous square feet, making it suitable for a variety of businesses. The property boasts excellent visibility with approximately 76 feet of frontage on Merchant Street and benefits from its location near the Fairmont Gateway Connector, providing easy access to I-79 (Exit 136) and downtown Fairmont (1.1 miles). With 55 parking spaces (approximately), the property is zoned CC - City Center and is within walking distance of numerous amenities. The high-traffic location, with approximately 13,822 vehicles per day on State Street (data from Esri, Esri and Kalibrate Technologies 2023), provides significant exposure. This is a rare opportunity to secure a versatile commercial space in a prime Fairmont location. The property is currently vacant.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $275,000
  • CAP approach

    CAP return
    Estimation
    6%
    $320,000
    6.5%
    $375,000
    7%
    $340,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $385,000
    Geo Method
    $360,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $415,000
    Retail
    $375,000
    Mixed-Use
    $395,000
    Hospitality
    $345,000
    Educational
    $405,000
    Residential Income
    $365,000
    Energy
    $365,000
    Income-Based Land
    $340,000
    Food Service
    $345,000

Location Insight

  • Map
  • Local Demand
City
Fairmont
County
Marion
State
West Virginia
Longitude
-80.1377
Latitude
39.4814
CBSA code
21900
CBSA name
FAIRMONT, WV MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,928
$42,360
$157,920
$200,280
-
$70,600
$263,200
$333,800
More about this property
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