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Property profile & analytics
OFF-MARKET
Strip malls

1 Rainbow Plz Mannington, WV 26582-9054

4 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US94-1047084
Property summary
AI-generated overview

This exceptional 0.75-acre retail property, located at 1 Rainbow Plaza in Mannington, West Virginia, presents a compelling investment opportunity. The single-story, free-standing outbuilding is situated within a thriving neighborhood shopping center, boasting high visibility and convenient access. The asking price is $250,000, or alternatively, a monthly lease of $2,500 is available. The property's strategic location ensures strong foot traffic and exposure to a substantial customer base. Neighboring established businesses include Shop N Save with a gas station, Family Dollar, Dollar General, CVS, Advance Auto Parts, and McDonald's, creating a synergistic retail environment. The property's occupancy date was March 31, 2019. This well-positioned retail space offers significant potential for growth and return on investment, making it an ideal acquisition for savvy investors seeking a profitable venture in a bustling West Virginia market. The property's zip code is 26582, and it is situated in Marion County. The property's coordinates are 39.518052 latitude and -80.3225292 longitude. This is a rare opportunity to acquire a prime retail asset in a high-traffic location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Lot 4 ac (174,240 SF)
APN 24-13- 12-0090.0004
UPID US94-1047084
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Price Cutter Grocery & Convenience Store Food Market
  • Sunoco Gas Station
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Wholesale Fireworks Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
TEDA J FAMILY
TEDA J FAMILY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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