Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    400 Westmoreland Office Park Dunbar, WV 25064

    • Office Properties & Spaces
    • 5,000 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 400 Westmoreland Office Park

    Property size
    5,000 SF
    Property type
    Office Properties & Spaces

    Description

    This exceptional two-story office building, located at 400 Westmoreland Office Park in Dunbar, West Virginia, presents a fantastic investment opportunity. Situated in Kanawha County, zip code 25064, this property boasts a generous square footage ranging from 5,000 to 7,000 square feet, providing ample space for a variety of business needs. The building's strategic location offers convenient access to local amenities and transportation routes, making it an ideal choice for companies seeking a prominent presence in the Dunbar area. The asking price is $90,000, representing a compelling value for a property of this size and quality in a desirable West Virginia location. The property's two-story design offers flexibility in layout and functionality, allowing for customization to suit specific business requirements. This is a rare opportunity to acquire a well-situated, substantial office building at an attractive price point. The property is ready for immediate occupancy, offering a seamless transition for businesses seeking a new home. Serious inquiries are encouraged to explore this promising investment prospect further. Detailed floor plans and further information are available upon request. Don't miss this chance to secure a prime office space in a thriving West Virginia community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dunbar
    County
    Kanawha
    State
    West Virginia
    Longitude
    -81.7318
    Latitude
    38.3623

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

      300 Westmoreland Office Park

      Office Properties & Spaces • 3,600 SF
      300 Westmoreland Office Park, Dunbar, WV 25064
      View Details
    • Value Estimation by Request
      0.51 Acres

      100 Westmoreland Ofc Park

      OFFICE BUILDING • 0.51 Acres
      100 Westmoreland Ofc Park, Dunbar, WV 25064-2725
      View Details
    • Value Estimation by Request
      0.61 Acres

      2950 Charles Ave

      OFFICE BUILDING • 0.61 Acres
      2950 Charles Ave, Dunbar, WV 25064-2103
      View Details
    • Value Estimation by Request
      0.10 Acres

      501 Dunbar Ave

      OFFICE BUILDING • 0.10 Acres
      501 Dunbar Ave, Dunbar, WV 25064-3209
      View Details
    • Value Estimation by Request
      0.18 Acres

      4015 Fairlawn Ave

      OFFICE BUILDING • 0.18 Acres
      4015 Fairlawn Ave, Dunbar, WV 25064-3501
      View Details
    • Value Estimation by Request
      0.14 Acres

      1223 Myers Ave

      OFFICE BUILDING • 0.14 Acres
      1223 Myers Ave, Dunbar, WV 25064-3025
      View Details

    Similar Nearby for Sale

    • $450,000
      3,000 SF

      Established Auto Care Business Opportunity

      Fully operational auto care business with real estate and equipment.
      105 Dunbar Ave, Dunbar, WV 25064
      View Details
    • $650,000
      3.15 Acres

      Dunbar, WV Land For Sale

      3.15 acres of land near I-64 and WV State University.
      6000 Fairlawn Ave, Dunbar, WV 25064
      View Details
    • $122,500

      33 Acres Undeveloped Land Dunbar

      33 acres of undeveloped land inside city limits.
      Roxalana Dr, Dunbar, WV 25064
      View Details
    • Contact for pricing
      960 SF

      Renovation Opportunity: Three-Bedroom Home

      Three-bedroom home, previously a rental, ready for renovation.
      2 Shawnee Acres Cir, Dunbar, WV 25064
      View Details
    • Contact for pricing

      Roadside Lot Near Kanawha River

      Roadside lot on Kanawha River with utilities available.
      41 Dunbar Ave, Dunbar, WV 25064
      View Details
    • Contact for pricing

      Undeveloped Land in Dunbar Neighborhood

      1.5 acres of undeveloped land with city utilities.
      Autumn Dr, Dunbar, WV 25064
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    400 Westmoreland Office Park
    Dunbar, WV 25064
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.