0 Nestorville Rd Philippi, WV 26416
This exceptional business opportunity in Philippi, West Virginia, presents a unique investment prospect. Located at the intersection of Rt 92 and Nestorville Rd in Barbour County, this property encompasses a total of 6,000 square feet across five buildings. The complex includes two storage buildings, two smaller buildings suitable for office space, and a car wash, offering diverse income streams. Constructed in 2000, the property is currently vacant, presenting a blank canvas for a new owner to implement their business vision. The asking price is $385,000, translating to $64.17 per square foot. The property's strategic location at a major intersection provides excellent visibility and accessibility. Furthermore, the inclusion of additional acreage opens up possibilities for future expansion or development, enhancing the long-term value of the investment. The property is classified as Class C. While currently vacant and generating no net operating income (NOI), the potential for significant returns is evident given the diverse building types and prime location. Serious inquiries are encouraged to explore this promising venture. Prior notification is required before any property viewing. The zip code is 26416.
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.