484 Industrial Rd Saint Albans, WV 25177
- Land
- 28.63 lot acres
Current Use by Public Records
- Land
Property Details for 484 Industrial Rd
- Lot size
- 28.63 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 28.63-acre industrial land parcel in Saint Albans, West Virginia, presents a compelling investment opportunity. Located at 484 Industrial Rd, 25177, this fee-simple property boasts a highly desirable location, just minutes from the I-64 Saint Albans exit, offering convenient access to major transportation routes. The property currently generates a strong net operating income (NOI) of $172,000, resulting in a pro-forma capitalization rate of 9.05%. The asking price is $1,900,000. Two long-term, national tenants—Ferguson and an Asphalt Plant—are currently under triple-net (NNN) leases, providing stable and predictable income streams. The property is zoned for commercial use and offers additional river frontage, providing valuable potential for future development or expansion. Its strategic location is further enhanced by its proximity to Columbia Soccer Fields and a TransCanada facility. This is a rare opportunity to acquire a well-established, income-producing industrial property with significant upside potential in a thriving West Virginia market. The property is for sale by owner.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saint Albans
- County
- Kanawha
- State
- West Virginia
- Longitude
- -81.8518
- Latitude
- 38.4112
