726 Fairmont Ave Fairmont, WV 26554
- Grocery and convenience stores
- 0.41 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 726 Fairmont Ave
- Lot size
- 0.41 lot acres
- Property type
- Grocery and convenience stores
- APN
- 24-03- 5-0003.0000
- APU
- 2403500030000
Description
This exceptional commercial property, located at 726 Fairmont Avenue in Fairmont, West Virginia, presents a unique investment opportunity. The building encompasses 1,562 square feet and sits on a sizable 0.41-acre lot, offering ample space for a variety of commercial uses. Its strategic location in Fairmont provides excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in the community. The property's versatility allows for diverse business applications, catering to entrepreneurs and established companies alike. The substantial lot size offers potential for expansion or additional development, further enhancing its investment value. With a list price of $450,000, this property represents a compelling opportunity to acquire a well-situated commercial space in a thriving West Virginia market. The building's size and the generous lot provide significant flexibility for future development and adaptation to evolving business needs. Serious inquiries are encouraged to explore the full potential of this promising commercial property. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. This is a rare opportunity to secure a substantial commercial property in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $425,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $400,000
- 6.5%
- $430,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $470,000
- Geo Method
- $420,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $390,000
- Retail
- $345,000
- Mixed-Use
- $390,000
- Hospitality
- $395,000
- Educational
- $465,000
- Residential Income
- $335,000
- Energy
- $390,000
- Income-Based Land
- $390,000
- Food Service
- $400,000
Location Insight
- Map
- Local Demand
- City
- Fairmont
- County
- Marion
- State
- West Virginia
- Longitude
- -80.151
- Latitude
- 39.4758
- CBSA code
- 21900
- CBSA name
- FAIRMONT, WV MICROPOLITAN STATISTICAL AREA