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    Grand Central Ave Vienna, WV 26105

    Sponsored
    For Sale
    $2,900,000

    Massive development opportunity in Parkersburg.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 87.271-acre parcel presents a unique investment opportunity in Parkersburg, West Virginia. Strategically located between Grand Central Avenue and College Parkway, this expansive land tract is zoned for commercial, residential, and multi-family development. The property, encompassing APNs 05-100-00030000, 05-100-00050000, 05-100-00020000, 05-100-00090000, and 05-100-00010000, is situated in Wood County, with a convenient 26105 zip code. Previously occupied by the Masonic Home (now demolished), this site offers a clean slate for ambitious projects. The asking price is $2,900,000. Please note that if owned by the seller, mineral rights do not convey with the sale. This prime location offers unparalleled potential for developers seeking to capitalize on the growing needs of the Parkersburg area. The property's size and zoning flexibility make it ideal for a variety of large-scale developments, catering to both commercial and residential demands. Its proximity to major roadways ensures excellent accessibility and visibility. This is a rare opportunity to acquire a substantial land holding in a desirable location with significant development potential. Contact us today to learn more about this exceptional property.

    Property Features for 0 Grand Central Ave

    General Information

    Property type
    Land
    Lot Size
    3,801,525 SF

    HighLights

    • $2,900,000 asking price.
    • 87.271‑acre land parcel.
    • Located in Parkersburg, WV, Wood County, zip code 26105, on Grand Central Ave.
    • APN: 05‑100‑00030000, 05‑100‑00050000, 05‑100‑00020000, 05‑100‑00090000, 05‑100‑00010000.
    • Suitable for commercial, residential, and multi‑family development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Vienna
    County
    Wood
    State
    West Virginia
    Longitude
    -81.548464225469
    Latitude
    39.301416927789

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    FAQs

    What type of property is this?
    Land - Massive development opportunity in Parkersburg.
    Where is this land located?
    The property is located at Grand Central Ave Vienna, WV.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: $2,900,000 asking price.; 87.271-acre land parcel.; Located in Parkersburg, WV, Wood County, zip code 26105, on Grand Central Ave.
    (304) 482-7500
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    Grand Central Ave Vienna, WV 26105
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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
    Grand Central Ave Vienna, WV 26105
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