Property profile

1 Insurance Way Ona, WV 25545

OFF-MARKET
Office Spaces
0.88 ac lot Built 1980
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Property summary

AI-generated overview

This exceptional commercial property, located at 1 Insurance Way in Ona, West Virginia, presents a compelling investment opportunity. Situated on a sizable 0.88-acre lot, the property offers significant potential for various commercial uses. While the exact square footage is currently unavailable, the substantial lot size allows for ample expansion or redevelopment possibilities. The property's address, 1 Insurance Way, suggests a strategic location within the Ona business district, offering convenient access to local amenities and transportation routes. The asking price of $13 million reflects the significant potential of this prime commercial real estate asset. Given the size of the lot and the strategic location, this property is ideal for investors seeking a strong return on investment in a growing West Virginia market. Further due diligence is encouraged to fully assess the property's potential and to determine the precise square footage and suitability for specific commercial ventures. The property's current condition and any necessary renovations or improvements should be independently verified. This is a rare opportunity to acquire a substantial commercial property in a desirable location. Serious inquiries are welcome.

Property profile

Verified
Property type Office Spaces
Year built 1980
Lot 0.88 ac (38,333 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
  • Insurance Agency
  • Insurance Agency

Location

1 Insurance Way Ona, WV 25545
Ona 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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