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    1609 7Th Ave Huntington, WV 25703

    Sponsored
    For Lease
    $460,000

    Prime 1-acre lot, multi-use potential.

    Lot size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1-acre commercial land parcel, located at 1609 7th Ave in Huntington, West Virginia, presents a unique development opportunity. Zoned R-5, this versatile property offers significant potential for a variety of uses, including commercial, industrial, or residential development. The site boasts a generous 43,560 square feet and features 261 feet of frontage on 7th Avenue, with convenient access to 16th Street (Hal Greer Boulevard). Its flat topography simplifies development, and its prime location offers excellent visibility and accessibility. The property's proximity to the Ohio River, Marshall University, medical facilities, and the Huntington downtown area adds to its considerable appeal. Previously associated with the W.J. Maier Storage Company, this contiguous parcel of eight lots provides a blank canvas for future projects, whether for additional storage, lay-down areas, or more ambitious development plans. The property's single-tenant status simplifies ownership and management. This is an exceptional opportunity to acquire a strategically located and highly versatile property in a thriving West Virginia city. The zip code is 25703.

    Property Features for 1609 7Th Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,560 SF
    Total Rate
    460000

    Unit(s) available at that property

    Space
    Available Space (2 acre)
    Size
    43,560 SF
    Rate per SF
    $460,000

    HighLights

    • 1 Acre lot (south of Seventh Avenue), comprised of 8 parcels.
    • Excellent access to Marshall University.
    • Highly versatile zoning allows for diverse uses.
    • Close proximity to rail lines.
    • Level, developable land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntington
    County
    Wayne
    State
    West Virginia
    Longitude
    -82.4304265
    Latitude
    38.4186781

    Nearby Comparable

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      Pea Ridge Plaza: Retail Space Available

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    Nearby Similar for Lease

    • $495,000
      10,000 SF

      Versatile Retail and Warehouse Space

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      631 6Th Ave, Huntington, WV 25701
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      2798 1St Ave, Huntington, WV 25702
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      Huntington office space, prime location.
      1001 6Th Ave, Huntington, WV 25701
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      Updated office in Huntington's Central Business District, walkable to amenities.
      843 3Rd Ave, Huntington, WV 25701
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      View Details
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      Huntington Warehouse Space Available

      11,357 SF Warehouse, Prime Location
      1653 7Th Ave, Huntington, WV 25703
      View Details
    • Contact for pricing
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      Industrial property with high ceilings, multiple docks, and CSX rail.
      1639-1663 7Th Ave, Huntington, WV 25703
      View Details
    • $35 SF/Yr
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      Retail Space Near Marshall University

      Retail space in the heart of Marshall University's campus.
      530 20Th St, Huntington, WV 25703
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    • Contact for pricing
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      Retail Property Available For Rent

      Retail property with 18,975 square feet available for rent.
      3100 S 60, Huntington, WV 25705
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    FAQs

    What type of property is this?
    Land - Prime 1-acre lot, multi-use potential.
    Where is this land located?
    The property is located at 1609 7Th Ave Huntington, WV.
    What is the lease rate?
    The lease rate is $460,000.
    What are key features of this property?
    This property features: 1 Acre lot (south of Seventh Avenue), comprised of 8 parcels.; Excellent access to Marshall University.; Highly versatile zoning allows for diverse uses.
    Request Owner's contact information
    1609 7Th Ave Huntington, WV 25703
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    Huntington, WV 25703
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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
    1609 7Th Ave Huntington, WV 25703
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