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    100 Bluestone Rd Mount Hope, WV 25880

    Sponsored
    For Sale
    $690,000

    Historic building, redevelopment opportunity, 1 acre lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property, located at 100 Bluestone Rd, Mount Hope, West Virginia, presents a unique redevelopment opportunity. The 33,999 square foot building, constructed in 1958, served as the former US Mine Academy. Its prime location offers unparalleled access to significant tourism drivers. Situated near the Summit Bechtel Reserve, attracting thousands of visitors annually, and minutes from the New River Gorge National Park and Preserve, this property benefits from high visibility and substantial foot traffic. The convenient location also provides easy access to major transportation arteries, including US Route 19, Interstate 77, and Interstate 64, and is close to Beckley and the historic town of Fayetteville, home to the iconic New River Gorge Bridge. The property sits on approximately one acre of land, providing ample space for future development. The building's history and strategic location make it ideal for a variety of income-producing ventures. This is a rare chance to acquire a substantial property with significant potential in a rapidly growing area. The asking price is $690,000.

    Property Features for 100 Bluestone Rd

    General Information

    Property type
    Mixed-use properties
    Lot Size
    44,431 SF

    HighLights

    • Exceptional mixed‑use redevelopment opportunity in Mount Hope, WV.
    • 33,999 square foot building on approximately one acre.
    • Former US Mine Academy, built in 1958.
    • Prime location near Summit Bechtel Reserve and New River Gorge National Park.
    • High visibility and substantial foot traffic, with easy access to major highways (US Route 19, I‑77, I‑64) and nearby Beckley and Fayetteville.
    • $690,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Dental Office Hair Salon Auto Repair Shop Wholesale Shop Hotel & Motel Kitchen & Bath Department Store Discount Store Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Hope
    County
    54019
    State
    West Virginia
    Longitude
    -81.1681456
    Latitude
    37.8962209

    Nearby Comparable

    • New
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      Former US Mine Academy Building

      Historic Mount Hope building near New River Gorge National Park.
      100 Bluestone Rd, Mount Hope, WV 25880
      View Details
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    Nearby Similar for Sale

    • New
      $378,000
      33,999 SF

      Former US Mine Academy Building

      Historic Mount Hope building near New River Gorge National Park.
      100 Bluestone Rd, Mount Hope, WV 25880
      View Details
    • $3,200,000

      Days Inn Business Opportunity

      118-room Days Inn with parking on 4.6 acres.
      127 Ontario Dr, Mount Hope, WV 25880
      View Details
    • $400,000
      13,083 SF

      531 Main Street Mt

      Individual retail properties • 13,083 SF
      531 Main St, Mount Hope, WV 25880
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Historic building, redevelopment opportunity, 1 acre lot.
    Where is this mixed-use property located?
    The property is located at 100 Bluestone Rd Mount Hope, WV.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: Exceptional mixed-use redevelopment opportunity in Mount Hope, WV.; 33,999 square foot building on approximately one acre.; Former US Mine Academy, built in 1958.
    Request Owner's contact information
    100 Bluestone Rd Mount Hope, WV 25880
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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
    100 Bluestone Rd Mount Hope, WV 25880
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