2800 Pike St Parkersburg, WV 26101
This exceptional five-acre commercial property, located at 2800 Pike Street in Parkersburg, West Virginia, presents a compelling investment opportunity. Situated in a thriving area of southern Wood County, this mixed-use lot benefits from its proximity to established retail centers and restaurants, ensuring high visibility and convenient access for potential customers. The property's strategic location within a rapidly expanding commercial zone makes it particularly attractive for developers seeking to capitalize on the influx of new businesses into the area. The significant advantage of pre-completed initial excavation work significantly streamlines the development process, reducing upfront costs and accelerating project timelines. This translates to faster returns on investment and a reduced risk profile for prospective buyers. The expansive five-acre parcel offers considerable flexibility in terms of development options. The site is well-suited for a variety of commercial ventures, potentially including retail spaces, office buildings, or even residential developments such as townhouses or condominiums. Given the current market dynamics and the property's prime location, this represents a rare chance to acquire a highly desirable commercial parcel in a rapidly growing area of Parkersburg. The asking price is $1,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.