Property profile

191 Simms Mountain Rd Rainelle, WV 25962

OFF-MARKET
Commercial real estate
1.17 ac lot Built 1940
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Property summary

AI-generated overview

This exceptional commercial property in Rainelle, West Virginia, presents a unique investment opportunity. Spanning 1.17 level acres, the land boasts a desirable location bordering Sewell Creek, offering picturesque surroundings and potential for various commercial ventures. The property features a substantial cinderblock garage, a significant asset for storage, workshop, or light industrial use. The garage is equipped with durable concrete floors and convenient commercial-grade garage doors, ensuring ease of access and functionality. The 1.17 acres provide ample space for expansion or additional development, catering to a range of business needs. The property's flat terrain simplifies construction and site preparation, minimizing potential development challenges. Its strategic location in Rainelle offers access to local amenities and a growing community. This combination of land, building, and location makes this an attractive proposition for entrepreneurs and investors seeking a versatile commercial space. The property's potential is further enhanced by its proximity to Sewell Creek, adding to its aesthetic appeal and potentially offering recreational opportunities. This is a rare chance to acquire a well-situated commercial property with significant existing infrastructure.

Property profile

Verified
Property type Commercial real estate
Year built 1940
Lot 1.17 ac (50,965 SF)

Cap rate & NOI

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

Location

191 Simms Mountain Rd Rainelle, WV 25962
Rainelle metro
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Value estimations

Realmo proprietary · 4 methods
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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
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