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Property profile & analytics
OFF-MARKET
Mixed-use properties

906 Lubeck Ave Parkersburg, WV 26101

0.37 ac lot
Property ID
Property summary
AI-generated overview

This versatile mixed-use property at 906 Lubeck Avenue, Parkersburg, WV, presents a unique investment opportunity. The building, totaling 2933 square feet of finished space, was constructed in three phases. The original 1209 square foot structure features two office spaces and a half-bath. An attached 28x26 heated garage boasts 10-foot ceilings, two 9-foot high garage doors, and a remaining Mohawk heavy-duty lift. A rear 28x32 addition includes oversized garage doors and a half-bath, also heated. The property sits on a 0.37-acre lot and includes a substantial 4000 square foot concrete parking area in excellent condition. Its previous use as a car lot highlights its high visibility and accessibility. The location benefits from exceptional traffic counts: over 11,000 vehicles daily on adjacent Route 95 and over 6,000 vehicles daily on Lubeck Avenue/Gihon Road in the immediate vicinity, according to the WV Department of Highways. Easy access is provided via Route 95/Dupont Road at the bottom of the Gihon Road exit, directly across the street. The property is being sold AS IS, with no warranties. This presents a chance to acquire a well-situated building in a high-traffic area with significant potential for various commercial uses.

Property profile
Verified
Property type Mixed-use properties
Lot 0.37 ac (16,117 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • G & G Auto Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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