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Property profile & analytics
OFF-MARKET
Commercial real estate

7880 Plum Orchard Lake Rd Scarbro, WV 25917

1.46 ac lot Built 1928
Property ID
Property summary
AI-generated overview

This remarkable 6,000+ square foot commercial building, located at 7880 Plum Orchard Lake Road in Scarbro, West Virginia, presents a unique investment opportunity. Situated on a 1.46-acre lot, this property boasts a prime location near the US-19A expressway, just two miles from the US-19 expressway and close to Oak Hill. Originally constructed in 1928 as a mercantile store for the New River Company, the building's rich history is evident in its distinctive architectural features. The interior features a large central room, surrounded by a spacious mezzanine, offering versatile layout options for a variety of commercial uses. For many years, it served as the home of the National Drapery Workroom, a nationally recognized custom drapery manufacturer. The building's substantial size and unique design provide ample space for adaptation to modern business needs. Its potential for redevelopment is significant, given its size, location, and historical significance. The property's historical character may also qualify it for inclusion on the National Register of Historic Places, potentially opening doors to preservation grants and tax incentives. This presents a rare chance to acquire a piece of West Virginia history with significant commercial potential. The asking price is $198,000.

Property profile
Verified
Property type Commercial real estate
Year built 1928
Lot 1.46 ac (63,598 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
Current use
Occupant on record · Public records
  • The New River Company store Scarbo WV Tour Operator
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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