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    Pike St & Hino Dr Mineral Wells, WV 26150

    Sponsored
    For Sale
    $2,790,000

    Industrial & Commercial Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 35.4-acre parcel of land presents a remarkable investment opportunity in Mineral Wells, West Virginia. Strategically located at 0 Pike Street & Hino Drive, this property offers unparalleled access to key infrastructure and amenities. Its adjacency to the Hino Plant positions it ideally for commercial or industrial development, capitalizing on the existing industrial presence and workforce. The property's proximity to a major retail park featuring Walmart, Lowe's, and Kohl's ensures high visibility and convenient access for businesses and employees. Furthermore, its location near Interstate 77 provides seamless connectivity to regional and national transportation networks. The area boasts a variety of supporting businesses, including several motels and restaurants, catering to the needs of both residents and visitors. The property is also conveniently situated approximately five miles from the West Virginia University at Parkersburg campus, offering access to a skilled workforce and potential partnerships. The Wood County location, with APN 08-200-000H0000 08-20000010000, provides a stable and attractive environment for long-term investment and development. This prime acreage presents a rare chance to establish a thriving enterprise in a dynamic and growing area. The asking price is $2,790,000.

    Property Features for 0 Pike St & Hino Dr

    General Information

    Property type
    Land
    Lot Size
    1,542,024 SF

    HighLights

    • $2,790,000 asking price
    • 35.4‑acre commercial/industrial land parcel
    • Located at 0 Pike Street & Hino Drive, Mineral Wells, WV 26150 (APN: 08‑200‑000H0000 08‑20000010000)
    • Adjacent to Hino Plant, near retail park (Walmart, Lowe's, Kohl's), and I‑77.
    • Approximately 5 miles from West Virginia University at Parkersburg.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mineral Wells
    County
    Wood
    State
    West Virginia
    Longitude
    -81.533394872193
    Latitude
    39.202907377674

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    FAQs

    What type of property is this?
    Land - Industrial & Commercial Development Opportunity
    Where is this land located?
    The property is located at Pike St & Hino Dr Mineral Wells, WV.
    What is the asking price?
    The asking price for this property is $2,790,000.
    What are key features of this property?
    This property features: $2,790,000 asking price; 35.4-acre commercial/industrial land parcel; Located at 0 Pike Street & Hino Drive, Mineral Wells, WV 26150 (APN: 08-200-000H0000 08-20000010000)
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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
    Pike St & Hino Dr Mineral Wells, WV 26150
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