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Property profile & analytics
OFF-MARKET
Commercial real estate

Spruce St Thomas, WV 26292

5,616 SF 0.28 ac lot Built 1950
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located on SPRUCE Street in Thomas, West Virginia, presents a unique investment opportunity. Boasting a substantial 5,616 square feet of space, this property sits on a conveniently sized 0.28-acre lot, offering ample room for expansion or outdoor activities. The building's versatile "Other" classification allows for a wide range of potential uses, making it ideal for businesses seeking a flexible and adaptable space. The property's location in Thomas, WV provides access to a thriving local community and offers potential for growth and development. The asking price of $599,999 represents a compelling value for a property of this size and potential. This is a rare chance to acquire a significant commercial space in a desirable West Virginia location. Serious inquiries are encouraged to explore the possibilities this property offers. The property's size and location make it suitable for a variety of commercial ventures, from retail to office space, or even a combination of uses. The 0.28-acre lot provides ample space for parking, outdoor storage, or future expansion. The property's condition and specific features will need to be verified through a thorough inspection. This is an excellent opportunity for an investor or business owner looking to establish a strong presence in the Thomas, WV market. Don't miss this chance to secure a prime commercial property in a growing community. Further details and scheduling of viewings can be arranged upon request.

Property profile
Verified
Property type Commercial real estate
Year built 1950
Total area 5,616 SF
Lot 0.28 ac (12,197 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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