1026 N Mildred St, Ranson, WV 25438
This exceptional 1.8-acre commercial property in Ranson, WV, presents a remarkable investment opportunity. Located on Charles Town Road, the property boasts over 200 feet of road frontage and convenient rail access. The existing building, featuring a recently installed (2024) metal roof, houses a diverse mix of income-generating tenants. Currently, the property includes twelve mobile home spaces (ground rent only), one mobile home (full rent), two apartments, and one commercial tenant. The apartments are spacious, with one offering three bedrooms and two bathrooms, and the other featuring two bedrooms and one bathroom. All tenants are on month-to-month agreements, providing flexibility for future development. There's also room for three to four additional mobile homes. The second roof above the apartments is approximately ten years old. The property's substantial size and strategic location offer significant potential for redevelopment or expansion, subject to local ordinances. The 78,408 square foot property is priced at $1,100,000. This is a rare chance to acquire a versatile income-producing asset with considerable upside potential.
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New China Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.