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    1422 Pennsylvania Ave Charleston, WV 25302

    Sponsored
    For Lease
    $7 SF/Yr

    140,945 SF Industrial Warehouse Available

    Lot size:
    140,945 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Rex Building, located at 1422 Pennsylvania Ave, Charleston, WV 25302, offers 31,600 square feet of immediately available warehouse space. This single-story, 140,945-square-foot building, constructed in 1962, sits on a 5.3-acre lot and is zoned I-2. The property features 18-foot ceilings, 34 loading docks (32 dock-high doors), and 2 drive-in doors. The minimum divisible space is 10,112 square feet, with a maximum contiguous space of 140,945 square feet. Ten suites are available within the building. The property includes on-site parking and boasts convenient access to major interstates. Annual property taxes are $0.52 per square foot. The building includes sprinkler protection. This flexible space is ideal for various distribution and industrial needs.

    Property Features for 1422 Pennsylvania Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    140,945 SF
    Total Rate
    88090.63

    Building Details

    Year Built
    1962
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    1422 - 1426 Pennsylvania Avenue
    Size
    21,488 SF
    Rate per SF
    $8
    Space
    1412 - 1414 Bigley Avenue
    Size
    10,112 SF
    Rate per SF
    $8

    HighLights

    • Fire sprinkler system throughout.
    • Multiple loading docks.
    • Easy access to major highways.
    • High ceilings (height unspecified).
    • Superior insurance rating.
    • Brick and block construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Kanawha
    State
    West Virginia
    Longitude
    -81.624891946379
    Latitude
    38.36071501902

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    FAQs

    What type of property is this?
    Distribution property - 140,945 SF Industrial Warehouse Available
    Where is this distribution property located?
    The property is located at 1422 Pennsylvania Ave Charleston, WV.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Fire sprinkler system throughout.; Multiple loading docks.; Easy access to major highways.
    Request Owner's contact information
    1422 Pennsylvania Ave Charleston, WV 25302
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    Charleston, WV 25302
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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
    1422 Pennsylvania Ave Charleston, WV 25302
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