69 Middletown Rd White Hall, WV 26554
- Warehouses
- 5.31 lot acres
Current Use by Public Records
- Warehouses
Property Details for 69 Middletown Rd
- Lot size
- 5.31 lot acres
- Property type
- Warehouses
- APN
- 24-21- 27-0022.0000
- APU
- 24212700220000
Description
This exceptional 16,506-square-foot industrial property, located at 69 Middletown Road in Fairmont, West Virginia, presents a unique investment opportunity. The property encompasses four buildings: three industrial/shop buildings and one office building, all situated on a generous 5.31-acre lot. The single-tenant property offers high visibility and direct access to Middletown Road, boasting nine drive-in doors and ample parking for 30+ vehicles. The buildings are single-story and feature three-phase power, ideal for a variety of manufacturing or flex uses. The property is zoned without specific zoning restrictions. This prime location benefits from its proximity to Middletown Commons, a recently revitalized shopping center anchored by Aldi, Mon Health, Tractor Supply, and Walmart. This area is experiencing significant commercial and residential growth along the I-79 corridor, with convenient access to I-79, Exit 132, just 0.3 miles away. High traffic counts of 25,140 vehicles per day on Route 250 further enhance the property's desirability. The entire 16,506 square feet is currently vacant, providing immediate occupancy for a new tenant. This presents a rare chance to establish a business in a thriving location with excellent visibility and accessibility.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,295,000
- 6.5%
- $1,180,000
- 7%
- $1,305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,170,000
- Geo Method
- $1,085,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,320,000
- Retail
- $1,495,000
- Mixed-Use
- $1,115,000
- Hospitality
- $1,170,000
- Educational
- $1,520,000
- Residential Income
- $1,195,000
- Energy
- $1,385,000
- Income-Based Land
- $1,335,000
- Food Service
- $1,435,000
Location Insight
- Map
- Local Demand
- City
- Fairmont
- County
- Marion
- State
- West Virginia
- Longitude
- -80.1918
- Latitude
- 39.4268
- CBSA code
- 21900
- CBSA name
- FAIRMONT, WV MICROPOLITAN STATISTICAL AREA