Property profile

501 Wilson Ln Elkins, WV 26241

OFF-MARKET
Retail properties & Spaces
5,358 SF 4.7 ac lot Built 1963
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Property summary

AI-generated overview

This exceptional 5,358-square-foot coworking space in Elkins, West Virginia, is available for lease. Located at 501 Wilson Lane, Suite 2, this single-tenant property offers a versatile layout ideal for various businesses. Built in 1963 and renovated the same year, the building boasts a 16-foot ceiling height and one loading dock with a 5' x 10' dock-high door. The property sits on a 4.7-acre lot with ample parking (100 spaces) and is conveniently located within a large professional office and call center complex. The property features electric power and is zoned commercial (APN 30.13, Randolph County). While currently configured as open warehouse space, the layout is adaptable to meet specific tenant needs, with the possibility of adding bathrooms and breakrooms. The property's 31-foot frontage on Wilson Lane provides excellent visibility. The total building size is 5,358 square feet, all of which is currently vacant. Annual property taxes are $15,492. This is a rare opportunity to secure a substantial and adaptable space in a thriving business community.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1963
Total area 5,358 SF
Lot 4.7 ac (204,732 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Health Care Service
  • Corporate Office

Location

501 Wilson Ln Elkins, WV 26241
Elkins metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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