Property summary
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
VerifiedCap rate & NOI
Current use
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Electrical Service General Contractor
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Industrial Manufacturer Production Facility
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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