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    1099 Division St Parkersburg, WV 26101

    For Sale
    $495,000

    High-traffic location, 5,500 sq ft, vacant.

    Property size:
    5,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 5,500 square foot mixed-use property at 1099 Division Street in Parkersburg, West Virginia, presents a compelling investment opportunity. Currently vacant, this property offers a unique blend of industrial, office, and retail space, previously operating as a gas station and storefront. Built in 1960, the building is structurally sound, boasting "good bones," though some cosmetic and mechanical updates are recommended. The property features a 14-foot ceiling height and one dock-high door, ideal for various commercial uses. Located in a high-traffic area, this property benefits from excellent visibility and accessibility. The asking price is $495,000, translating to $90 per square foot. The property is zoned for commercial use and is offered as a sale, with a triple net (NNN) lease option considered. The building's solid foundation and prime location make it an attractive prospect for entrepreneurs seeking a versatile space with significant potential. The property is credit-rated tenant ready. Further details are available upon request.

    Property Features for 1099 Division St

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,500 SF

    Building Details

    Year Built
    1960

    HighLights

    • 5,500 SF mixed‑use building at 1099 Division Street, Parkersburg, WV.
    • Currently vacant, previously used as a gas station and storefront.
    • 14' ceilings, one dock‑high door, suitable for various commercial uses.
    • High‑traffic location with excellent visibility and accessibility.
    • $495,000 asking price ($90/SF), NNN lease option considered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Parkersburg
    County
    Wood
    State
    West Virginia
    Longitude
    -81.554957055875
    Latitude
    39.248155673367

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic location, 5,500 sq ft, vacant.
    Where is this individual retail property located?
    The property is located at 1099 Division St Parkersburg, WV.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 5,500 SF mixed-use building at 1099 Division Street, Parkersburg, WV.; Currently vacant, previously used as a gas station and storefront.; 14' ceilings, one dock-high door, suitable for various commercial uses.
    Request Owner's contact information
    1099 Division St Parkersburg, WV 26101
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    Parkersburg, WV 26101
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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
    1099 Division St Parkersburg, WV 26101
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