2964 Wilding Rd, Ravenswood, WV 26164
This exceptional property, located at 2964 Wilding Road in Ravenswood, West Virginia, presents a rare opportunity to acquire a piece of local history. The property consists of a 26x60 foot building, originally constructed in 1897 as Wilding Schoolhouse No. 7 by the Jackson County Board of Education. This special purpose property, classified as commercial land, is being offered via auction. The auction will be held at the Jackson County Board of Education office on Thursday, October 10, 2024, at 6:00 PM. The property's address is easily accessible, situated just off I-77, Exit 146 (Silverton/Ravenswood). From the exit, follow US-33 West for approximately two-tenths of a mile, then turn right onto Wilding Road. The property is located 2.9 miles down Wilding Road on the right. Please note that the listed price of $20,000 is disregarded; the final sale price will be determined at the auction. This is a unique investment opportunity for those interested in preserving historical structures or exploring alternative commercial uses. The property is zoned for commercial use and is located in Jackson County, West Virginia, zip code 26164. The geographic coordinates are latitude 38.947644 and longitude -81.6860444. This is a truly one-of-a-kind offering.
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.