808 Main Ave Nitro, WV 25143
- Auto shops
- 0.32 lot acres
Current Use by Public Records
- Rick Nease Paint & Body Shop / Auto Body Shop
Property Details for 808 Main Ave
- Lot size
- 0.32 lot acres
- Property type
- Auto shops
- APN
- 20-27- 11-0123.0000
- APU
- 20271101230000
Description
This exceptional owner-user opportunity presents a 9,313 square foot retail building located at 808 Main Ave, Nitro, West Virginia, 25143. Priced at $350,000 ($38 per square foot), this Class C property offers significant potential. Built in 1970, the two-story structure sits on a 0.33-acre lot and provides ample parking with a ratio of 1.07 spaces per 1,000 square feet. Currently vacant, this single-tenant building is ideal for an auto repair business or similar use. The property's location in Kanawha County offers convenient access to local transportation and a strong customer base. Its substantial size and strategic location make it an attractive investment for entrepreneurs seeking a well-established space to launch or expand their operations. The asking price represents a compelling value for a property of this size and potential in the Nitro market. This is a rare opportunity to acquire a substantial retail space in a desirable location. Don't miss out on this chance to own a piece of Nitro's commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $340,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $420,000
- 6.5%
- $370,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $350,000
- Geo Method
- $355,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $370,000
- Mixed-Use
- $340,000
- Hospitality
- $430,000
- Educational
- $315,000
- Residential Income
- $370,000
- Energy
- $375,000
- Income-Based Land
- $425,000
- Food Service
- $420,000
Location Insight
- Map
- Local Demand
- City
- Nitro
- County
- Kanawha
- State
- West Virginia
- Longitude
- -81.8418
- Latitude
- 38.4033
- CBSA code
- 16620
- CBSA name
- CHARLESTON, WV METROPOLITAN STATISTICAL AREA