6427 Purgitsville PikePurgitsville, WV 26852
- Retail properties
- 2.14 AC
For Sale
$120,000
View listing
Property Details for 6427 Purgitsville Pike
- Lot size
- 2.14 AC
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 14-06- 4-0082.0000
- APU
- 1406400820000
Description
This 4,072 square foot commercial property, located at 6427 Purgitsville Pike in Purgitsville, West Virginia, presents a unique investment opportunity. Previously operating as the Mill Creek School, the building boasts two large classrooms, a kitchen, two bathrooms, and a dedicated office area, offering versatile space for a variety of commercial uses. The property sits on a 2.14-acre lot, providing excellent access and ample parking for employees and customers. A significant advantage is the imminent availability of public water
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $32,614,654
- 6.5%
- $30,105,834
- 7%
- $27,955,418
-
Comparable approach
- Method
- Valuation
- Relative Method
- $46,967,776
- Geo Method
- $46,967,776
-
Alternative Use
- Use
- Valuation
- Residential
- $25,395,398
- Hospitality
- $23,262,048
- Educational
- $19,353,750
- Medical
- $20,019,356
- Retail
- $30,105,834
6427 Purgitsville Pike, Purgitsville, West Virginia
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Location Insight
- City
- Purgitsville
- County
- Hampshire
- State
- West Virginia
- Latitude
- 39.2411
- Longitude
- -78.9219
- CBSA code
- 49020
- CBSA name
- WINCHESTER, VA-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
$910
$22,800
$29,580
$52,380
-
$38,000
$49,300
$87,300
Comparable in this City
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FAQs
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