Property profile

6072 Ohio River Rd Huntington, WV 25702

OFF-MARKET
Specialty properties
74,683 SF 4.6 ac lot Built 1964
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 74,683 square foot special purpose property situated on a 4.6-acre lot at 6072 Ohio River Road in Huntington, West Virginia, zip code 25702. The property, a former electrical manufacturing facility, boasts a strategic location at a signalized intersection, offering convenient access to I-64 (2.5 miles), the NuCor Steel Plant (19 miles), and Huntington (6 miles). Currently leased to a single tenant under a net lease agreement with a corporate guarantee, the property enjoys 90% occupancy. The lease commenced August 1, 2023, and expires July 31, 2026, with two one-year lease options including rent bumps. The building features over 15,000 square feet of office space and over 60,000 square feet of industrial/manufacturing space, including one loading dock and seven roll-up doors. Significant features include three-phase power, six overhead cranes, battery backups, carbon water filtration, and a private sewer facility. Built in 1964 and renovated in the 1990s, this Class B, two-story building offers a 12-24 foot ceiling height. The asking price is $3,100,000, representing a price per square foot of $41.51 and a 6.45% cap rate based on a current Net Operating Income (NOI) of $200,000. Importantly, there are no zoning restrictions, B&O taxes, or usage limitations. An adjacent 23-acre parcel is also available for purchase. This property presents a compelling investment opportunity with significant potential.

Property profile

Verified
Property type Specialty properties
Year built 1964
Total area 74,683 SF
Lot 4.6 ac (200,376 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Electrical Service General Contractor
  • Industrial Manufacturer Production Facility

Location

6072 Ohio River Rd Huntington, WV 25702
Huntington metro
Google Maps

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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