379 Stanaford RdBeckley, WV 25801

Property Details for 379 Stanaford Rd

Lot size

2.81 AC

Property type

Healthcare properties

Property subtype

Medical offices

APN

41-11- 21-0039.0000

APU

41112100390000

Description

This 7,968 square foot Class B medical office building in Beckley, West Virginia, is situated on a 2.8-acre lot and offers significant potential. Built in 1970, the two-story building features a large parking lot and a separate entrance to the lower level. The property boasts a prime location directly off a major transportation route, with convenient proximity to a local hospital and high school. The approximately one-acre building site allows for potential expansion, while the additional 1.8 acres present further development opportunities. Recent improvements include a new roof, hot water tank, and two air conditioning units (all within the last five years). The asking price is $1,199,000, translating to $150.48 per square foot. This presents a compelling investment opportunity in a growing area. The address is 379 Stanaford Rd, Beckley, WV 25801.

• CAP approach

  CAP return

  Valuation

  6%

  $13,429,156

  6.5%

  $12,396,144

  7%

  $11,510,705

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,537,102

  Geo Method

  $20,727,894

• Alternative Use

  Use

  Valuation

  Residential

  $15,371,218

  Hospitality

  $14,079,953

  Educational

  $11,714,356

  Medical

  $12,117,231

  Retail

  $18,222,332

Location Insight

City

Beckley

County

Raleigh

State

West Virginia

Latitude

37.8012

Longitude

-81.1681

CBSA code

13220

CBSA name

BECKLEY, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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