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    FOR SALE
    Retail space

    1026 N Mildred St, Ranson, WV 25438

    1.8 ac lot
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US94-0612485
    1026 N Mildred St, Ranson, WV 25438 For Sale
    $1,100,000
    1026 N Mildred St, Ranson, WV 25438
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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Lot 1.8 ac (78,408 SF)
    APN 19-02- 7-0014.0000
    UPID US94-0612485
    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
    • New China Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    DAVID L WILT
    DAVID L WILT
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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