119 Riverside Dr, Rainelle, WV 25962
This exceptional commercial property, located at 119 Riverside Drive in Rainelle, West Virginia, presents a unique investment opportunity. The property encompasses a substantial 17,880 square feet of space, strategically situated on a level 2.47-acre lot. The main structure is a 1979-built cinderblock warehouse boasting 8,400 square feet with impressive 18-foot ceilings. This area is complemented by two offices totaling 780 square feet, featuring climate control and two restrooms. An attached 6,000-square-foot metal building offers additional space with 24-foot ceilings, providing ample room for various commercial uses. Three large bay doors accommodate tractor-trailer access. The property also includes two coolers (one large, one small), a loading dock, and 600 square feet of upstairs storage. Significant upgrades have been implemented, including a 600-amp 3-phase electrical service, complete rewiring, interior repainting, and the installation of FRP paneling. Two 2,100-square-foot additions were completed in 2022, enhancing the property's functionality. The property is prepared for food-grade service. The site benefits from a well producing 62 gallons per minute and public sewer access. The property is zoned for commercial use and is conveniently located on Route 60, across from the railroad tracks. Note: Equipment within the warehouse is not included in the sale. The property is being sold "as is/where is."
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
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.