Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    63 Hospitality Ln Mineral Wells, WV 26150

    Sponsored
    For Sale
    $720,000

    9,000 SF Office Building, Great NOI

    Property size:
    9,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9,000 square foot commercial building in Mineral Wells, West Virginia, presents a compelling investment opportunity. Located at 63 Hospitality Ln, 26150, this single-story, Class B office building sits on a 4.08-acre lot and was constructed in 1999. Currently housing two tenants, WeStaffBetter and Mountain River Physical Therapy, the property boasts a 66% occupancy rate and a strong net operating income (NOI) of $44,000. The building comprises three units, offering a flexible layout suitable for executive, medical, or traditional office uses. With 3,000 square feet of vacant space, this property provides significant potential for expansion or additional income generation. Its prime location near Interstate 77 and South Parkersburg's retail corridor on Pike Street ensures high visibility and accessibility. The property features ample parking, catering to the needs of tenants and clients. The asking price is $720,000, and the property is offered under a NNN lease agreement. This is a rare chance to acquire a well-situated, income-producing asset in a growing market. The APN is 08-300-000H0000.

    Property Features for 63 Hospitality Ln

    General Information

    Property type
    Medical offices
    Square Feet
    9,000 SF
    Class
    B
    Lot Size
    177,725 SF

    Building Details

    Year Built
    1999
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • Prime I‑77 access.
    • $44,000 Net Operating Income (NOI).
    • Excellent investment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jerry & J's Towing ... Towing Service Mountain River Physical ... Physical Therapy Clinic Vaught Melody Physical Therapist United Steelworkers Labor Union Kelsey Mullen Physical Therapist

    Suggested Use

    Restaurant Realty agency Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Hotel & Motel Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mineral Wells
    County
    Wood
    State
    West Virginia
    Longitude
    -81.531516
    Latitude
    39.1925484

    Nearby Comparable

    • Contact for pricing

      Land with Highway Visibility

      Large site off I-77 with utilities and tax incentive potential.
      207 Matheny Ln, Mineral Wells, WV 26150
      View Details
    • $2,790,000
      35.40 Acres

      Prime 35-Acre Commercial Land WV

      Industrial & Commercial Development Opportunity
      0 Pike St & Hino Dr, Mineral Wells, WV 26150
      View Details
    • $2,650,000
      35.40 Acres

      Commercial Land Near Hino Motors

      35.483 acres of commercial land near Interstate 77.
      Pike St & Hino Dr, Mineral Wells, WV 26150
      View Details
    • Contact for pricing

      Flat Land Near Interstate 77

      Flat land with high visibility near Interstate 77.
      Badgley Fork Rd, Mineral Wells, WV 26150
      View Details
    • Contact for pricing
      91.47 Acres

      Prime WV Commercial Land

      91 Acres, I-77 Visibility, Flat Terrain
      0 Badgley Fork Rd, Mineral Wells, WV 26150
      View Details
    • $2,790,000

      35 Acres Near Hino Plant

      35 acres prime for commercial/industrial development near Hino Plant.
      403 Sarah St, Mineral Wells, WV 26150
      View Details
    • $325,000
      1.73 Acres

      Parkersburg Development Land - 1.7 Acres

      Prime 1.7-acre lot, ideal for commercial or residential development.
      70 Joy St, Parkersburg, WV 26101
      View Details
    • $1,000,000
      5.00 Acres

      Prime Parkersburg Commercial Land

      5-Acre Commercial Lot, High Growth Area
      2800 Pike St, Parkersburg, WV 26101
      View Details
    • $1,000,000
      5.00 Acres

      Prime Parkersburg Mixed-Use Land

      Five-acre lot, ideal for development. High-visibility location.
      2800 Pike St, Parkersburg, WV 26101
      View Details
    • $1,550,000
      36.00 Acres

      36 Acres Commercial Land Available

      Commercial property with flat land, houses, and mobile homes.
      Elizabeth Pike, Parkersburg, WV 26101
      View Details
    • $1,000,000
      5 SF

      Prime Commercial Land Opportunity

      Commercial property in growing area near shopping and restaurants.
      2800 Pike St, Parkersburg, WV 26101
      View Details
    • $850,000
      2.05 Acres

      Prime Parkersburg Commercial Land

      2.05 Acres, High Traffic, B-2 Zoning
      2600 Pike St, Parkersburg, WV 26101
      View Details

    Nearby Similar for Sale

    • $890,000
      1.00 Acre

      Mineral Wells Retail Opportunity

      Well-maintained steel building on a corner lot with high visibility.
      15060 Elizabeth Pike, Mineral Wells, WV 26150
      View Details

    FAQs

    What type of property is this?
    Medical office - 9,000 SF Office Building, Great NOI
    Where is this medical office located?
    The property is located at 63 Hospitality Ln Mineral Wells, WV.
    What is the asking price?
    The asking price for this property is $720,000.
    What are key features of this property?
    This property features: Prime I-77 access.; $44,000 Net Operating Income (NOI).; Excellent investment potential.
    Request Owner's contact information
    63 Hospitality Ln Mineral Wells, WV 26150
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    63 Hospitality Ln
    Mineral Wells, WV 26150
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    63 Hospitality Ln Mineral Wells, WV 26150
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.