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    OFF-MARKET
    Commercial real estate

    58 Lonesome Cedar Ln, Hurricane, WV 25526

    15,000 SF 89.53 ac lot Built 1941
    Property ID
    Property summary
    AI-generated overview

    This exceptional 89.53-acre property in Hurricane, West Virginia presents a unique investment opportunity. The centerpiece is a stunning 4,906 square foot, 2.5-story Southern Colonial-style home, boasting 8 bedrooms and 5.5 bathrooms. An additional apartment on the third floor provides further living space or rental potential. Beyond the primary residence, this expansive estate includes twenty (20) rental units, creating a substantial income stream. The property has been meticulously developed over the past two decades by the current owner, who is now offering it for sale. Included in the sale is the conveyance of free gas for use at the owner's home and garage, a significant cost savings. The sheer scale and diverse components of this property demand a personal viewing to fully appreciate its potential. Detailed information regarding the individual rental units, their current occupancy status, and financial performance is available upon request. This is a rare chance to acquire a substantial multifamily estate with significant upside potential in a desirable location. Don't miss this opportunity to own a piece of West Virginia history and secure a strong investment for the future. The property encompasses a total of 15,000 square feet of built space across all structures. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1941
    Total area 15,000 SF
    Lot 89.53 ac (3,899,927 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
    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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