410 1St AveNitro, WV 25143

  • Industrial properties
  • 0.20 AC
For Sale
$390,000 View listing

Property Details for 410 1St Ave

Lot size
0.20 AC
Property type
Industrial properties
Property subtype
Other warehouses
APN
20-27- 13-0090.0004
APU
20271300900004

Description

This exceptional investment opportunity presents a substantial 6,354 square foot office building situated on a 0.62-acre lot in the thriving city of Nitro, West Virginia. The property is ideally located at 410 1st Avenue, Unit 410, offering convenient access to local amenities and transportation routes. The building itself provides ample space for a variety of business uses, making it a versatile option for potential buyers. The sale includes an additional parcel of land, significantly increasing the overall value of the property. This additional parcel, identified by Tax ID 27-0013-0090-0004-0000, encompasses approximately 0.2 acres and is legally described as "0.2 AC M/L PT LT 5-6 RESUB OF 1.73AC". This presents a unique opportunity to expand the existing building, develop additional structures, or simply benefit from the increased land holdings. The asking price for this prime commercial property is $390,000, representing a compelling investment opportunity in a desirable location. The substantial square footage, combined with the additional land parcel, makes this a rare find in the Nitro commercial real estate market. Serious inquiries are encouraged to explore this promising investment prospect further.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,735,800
    Hospitality
    $1,589,983
    Educational
    $1,322,847
    Medical
    $1,368,342
    Retail
    $2,057,762
410 1St Ave, Nitro, West Virginia
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Location Insight

City
Nitro
County
Kanawha
State
West Virginia
Latitude
38.3986
Longitude
-81.8361
CBSA code
16620
CBSA name
CHARLESTON, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,052
$21,660
$43,140
$64,800
-
$36,100
$71,900
$108,000

FAQs

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