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    2 Fergueson Dr Parkersburg, WV 26101

    Sponsored
    For Sale
    $249,500

    Prime Office Space, Owner/User Opportunity

    Property size:
    3,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,960 square foot executive office building in Parkersburg, West Virginia, presents a unique owner/user investment opportunity. Located at 2 Fergueson Dr, this single-story, Class B building, constructed in 1986, sits on an 11,326 square foot lot and offers 15 parking spaces. The asking price is $249,500, translating to $63.01 per square foot. The property's convenient location near I-77 provides excellent accessibility. The building's flexible layout allows for diverse uses; it could easily be converted into two separate office spaces, enabling an owner to occupy one side while generating income by leasing the other. The building features a rubber roof, ensuring long-term durability and low maintenance. This is a rare chance to acquire a well-maintained, strategically located commercial property in a thriving area. The property is comprised of one unit within a single building. This presents a fantastic opportunity for a business seeking to establish a strong presence in Parkersburg or an investor looking for a solid return. The property's size and features make it ideal for a variety of businesses. Serious inquiries are encouraged.

    Property Features for 2 Fergueson Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,960 SF
    Class
    B

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $249,500 asking price for this 3,960 SF executive office building.
    • Located in Parkersburg, WV, at 2 Fergueson Dr, zip code 26101.
    • Class B, single‑story building constructed in 1986 on an 11,326 SF lot.
    • Features 15 parking spaces and a rubber roof.
    • Owner/user opportunity with potential for dual occupancy (rent one side, occupy the other).
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Solutions Outpatient Services ... Psychologist Spero Health Addiction Treatment Center

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Parkersburg
    County
    Wood
    State
    West Virginia
    Longitude
    -81.5706109
    Latitude
    39.2329673

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, Owner/User Opportunity
    Where is this office property / space located?
    The property is located at 2 Fergueson Dr Parkersburg, WV.
    What is the asking price?
    The asking price for this property is $249,500.
    What are key features of this property?
    This property features: $249,500 asking price for this 3,960 SF executive office building.; Located in Parkersburg, WV, at 2 Fergueson Dr, zip code 26101.; Class B, single-story building constructed in 1986 on an 11,326 SF lot.
    Request Owner's contact information
    2 Fergueson Dr Parkersburg, WV 26101
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    Parkersburg, WV 26101
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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
    2 Fergueson Dr Parkersburg, WV 26101
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