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    Speedway Ave Fairmont, WV 26554

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    For Sale
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    Prime Industrial Land: I-79 Access, 23.7 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 23.7-acre mixed-use property, located in Fairmont, West Virginia, presents a rare opportunity for industrial development. Situated at the intersection of Speedway Avenue and King Street/Hess Court, this strategically located site offers unparalleled accessibility, being less than half a mile from I-79, Exit 137. The entire parcel is zoned for industrial use, providing flexibility for a variety of projects. The property's topography features two distinct levels. The outer shelf, bordering Speedway Avenue, includes two buildable pads that could be combined for a larger development. The inner shelf, previously occupied by Owens Illinois, offers additional development potential. While the total acreage of the encompassing area is approximately 40 acres, this listing specifically focuses on the readily available 23.7 acres. This significant land area, combined with its prime location and convenient highway access, makes this property an ideal investment for businesses seeking a strategic foothold in the Fairmont, Marion County market. The property's location within the city limits of Fairmont ensures access to municipal services and infrastructure. This is a truly exceptional opportunity to acquire a large, usable industrial tract in a high-demand location.

    Property Features for 0 Speedway Ave

    General Information

    Property type
    Land
    Lot Size
    1,032,372 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fairmont
    County
    Marion
    State
    West Virginia
    Longitude
    -80.1097854
    Latitude
    39.4834213

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land: I-79 Access, 23.7 Acres
    Where is this land located?
    The property is located at Speedway Ave Fairmont, WV.
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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
    Speedway Ave Fairmont, WV 26554
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