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    1 Rainbow Plz Mannington, WV 26582

    Sponsored
    For Sale
    $250,000

    Prime WV Retail Outbuilding, $250K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.75-acre retail property, located at 1 Rainbow Plaza in Mannington, West Virginia, presents a compelling investment opportunity. The single-story, free-standing outbuilding is situated within a thriving neighborhood shopping center, boasting high visibility and convenient access. The asking price is $250,000, or alternatively, a monthly lease of $2,500 is available. The property's strategic location ensures strong foot traffic and exposure to a substantial customer base. Neighboring established businesses include Shop N Save with a gas station, Family Dollar, Dollar General, CVS, Advance Auto Parts, and McDonald's, creating a synergistic retail environment. The property's occupancy date was March 31, 2019. This well-positioned retail space offers significant potential for growth and return on investment, making it an ideal acquisition for savvy investors seeking a profitable venture in a bustling West Virginia market. The property's zip code is 26582, and it is situated in Marion County. The property's coordinates are 39.518052 latitude and -80.3225292 longitude. This is a rare opportunity to acquire a prime retail asset in a high-traffic location.

    Property Features for 1 Rainbow Plz

    General Information

    Property type
    Lifestyle centers
    Lot Size
    32,670 SF

    Building Details

    Stories
    1

    HighLights

    • Asking price: $250,000 or $2,500/month.
    • Retail property type; Shopping center, free‑standing outbuilding.
    • Located at 1 Rainbow Plaza, Mannington, WV 26582.
    • 0.75‑acre lot.
    • One‑story building.
    • Occupancy date: March 31, 2019.
    Property Profile Location Intelligence

    Current Use by Public Records

    Price Cutter Grocery Store Sunoco Gas Station Redbox Movie Rental Kiosk Wholesale Fireworks Fireworks Store

    Map

    City
    Mannington
    County
    Marion
    State
    West Virginia
    Longitude
    -80.3225292
    Latitude
    39.518052

    Nearby Comparable

    • Contact for pricing
      3,000 SF

      Mannington Retail Space - 3000 SF

      Free-standing retail building, high traffic area.
      0 Rainbow Plz, Mannington, WV 26582
      View Details
    • Contact for pricing
      3,000 SF

      3,000 SF Retail Outbuilding

      Freestanding retail building with co-tenants in Mannington, WV.
      48 State Hwy, Mannington, WV
      View Details
    • $649,000
      177.17 Acres

      Marion County 177-Acre Recreational Land

      177-acre Marion County land perfect for hunting, recreation, or building.
      Tbd Helens Run Rd, Worthington, WV 26591
      View Details

    Nearby Similar for Sale

    • Contact for pricing
      3,000 SF

      3,000 SF Retail Outbuilding

      Freestanding retail building with co-tenants in Mannington, WV.
      48 State Hwy, Mannington, WV
      View Details
    • Contact for pricing
      3,000 SF

      Mannington Retail Space - 3000 SF

      Free-standing retail building, high traffic area.
      0 Rainbow Plz, Mannington, WV 26582
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Prime WV Retail Outbuilding, $250K
    Where is this lifestyle center located?
    The property is located at 1 Rainbow Plz Mannington, WV.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Asking price: $250,000 or $2,500/month.; Retail property type; Shopping center, free-standing outbuilding.; Located at 1 Rainbow Plaza, Mannington, WV 26582.
    Request Owner's contact information
    1 Rainbow Plz Mannington, WV 26582
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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
    1 Rainbow Plz Mannington, WV 26582
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