Property profile

119 Riverside Dr Rainelle, WV 25962

OFF-MARKET
Specialty properties
17,880 SF 2.47 ac lot Built 1979
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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."

Property profile

Verified
Property type Specialty properties
Year built 1979
Total area 17,880 SF
Lot 2.47 ac (107,593 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

119 Riverside Dr Rainelle, WV 25962
Rainelle metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 119 Riverside Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message