5528 Big Tyler RdCharleston, WV 25313

Property Details for 5528 Big Tyler Rd

Lot size

0.56 AC

Property type

Retail properties

Property subtype

Strip malls

APN

20-25- 22C-0124.0000

APU

202522C01240000

Description

This exceptional commercial office building, located at 5528 Big Tyler Road Unit 5528 in Charleston, West Virginia, presents a unique investment opportunity. Boasting a substantial 7,560 square feet of space, this property is ideally situated in the thriving Cross Lanes area, offering unparalleled convenience and accessibility. The building sits on a generous 0.93-acre lot, providing ample room for expansion, parking, or future development. Its prime location within Cross Lanes ensures high visibility and easy access to major transportation routes, making it an attractive option for a wide range of businesses. The building's substantial size offers flexibility for various configurations, accommodating diverse business needs. This is a rare opportunity to acquire a significant commercial property in a highly desirable location. The asking price is $799,000. Serious inquiries are encouraged to explore the potential of this exceptional property and its significant return on investment. The property is ready for immediate occupancy, offering a seamless transition for any business seeking a new home in a vibrant and growing community. Don't miss this chance to secure a valuable asset in a prime commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $6,241,982

  6.5%

  $5,761,829

  7%

  $5,350,270

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,750,173

  Geo Method

  $5,750,173

• Alternative Use

  Use

  Valuation

  Residential

  $4,860,318

  Hospitality

  $4,452,026

  Educational

  $3,704,033

  Medical

  $3,831,420

  Retail

  $5,761,829

Location Insight

City

Cross Lanes

County

Kanawha

State

West Virginia

Latitude

38.4216

Longitude

-81.7909

CBSA code

16620

CBSA name

CHARLESTON, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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