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    531 Main St Mount Hope, WV 25880

    For Sale
    $400,000
    Property size:
    13,083 SF
    Added:
    Dec 11, 2024
    Days on Market:
    368

    Property Features for 531 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    13,083 SF

    Building Details

    Year Built/Renovated
    1921/2020
    Buildings
    6
    Stories
    2
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Hope
    County
    Fayette
    State
    West Virginia
    Longitude
    -81.167445359741
    Latitude
    37.892797640754

    Nearby Comparable

    • $690,000
      1.02 Acres

      Prime Mt. Hope Mixed-Use Property

      Historic building, redevelopment opportunity, 1 acre lot.
      100 Bluestone Rd, Mount Hope, WV 25880
      View Details
    • $378,000
      33,999 SF

      Former US Mine Academy Building

      Historic Mount Hope building near Summit Bechtel Scouts Reserve portal.
      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
    • $1,200,000

      Glen Jean Commercial Property

      Commercial property near Bechtel Reserve and New River Gorge National Park.
      4654 Legends Hwy, Glen Jean, WV 25846
      View Details

    Nearby Similar for Sale

    • $378,000
      33,999 SF

      Former US Mine Academy Building

      Historic Mount Hope building near Summit Bechtel Scouts Reserve portal.
      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
    • $690,000
      1.02 Acres

      Prime Mt. Hope Mixed-Use Property

      Historic building, redevelopment opportunity, 1 acre lot.
      100 Bluestone Rd, Mount Hope, WV 25880
      View Details

    FAQs

    Where is this individual retail property located?
    The property is located at 531 Main St Mount Hope, WV.
    What is the asking price?
    The asking price for this property is $400,000.
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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
    531 Main St Mount Hope, WV 25880
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