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Property profile & analytics
OFF-MARKET
Commercial land

123 Turkey Run Rd Salem, WV 26426-7552

0.16 ac lot
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US94-1213114
Property summary
AI-generated overview

This exceptional industrial property, located at 123 Turkey Run in Salem, West Virginia, presents a unique investment opportunity. The property encompasses two buildings totaling 7,800 square feet situated on a generous 5.5-acre lot. The larger building, approximately 5,600 square feet, offers a flexible layout suitable for a variety of uses, including office, retail, storage, and industrial applications. The smaller building, approximately 2,200 square feet, is currently configured as office space. The property features one loading dock and one drive-in door, enhancing operational efficiency. Two flat, fenced areas provide ample outdoor storage, complemented by two covered outdoor storage buildings. An additional 2.5 acres of undeveloped land offers significant expansion potential. Conveniently located just 0.2 miles from Route 50, this property benefits from high visibility and accessibility, with an average daily traffic count of 19,675 vehicles on Route 50 (Esri and Data Axle, 2023). The property is zoned as "No zoning" and is located outside Salem city limits in Harrison County, West Virginia, with a zip code of 26426. This property is available for sale at $475,000 or for lease at $8.75 per square foot per year, NNN. Built in 1950, the property is a single-tenant building with one story.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.16 ac (7,013 SF)
APN 17-18-2605-0180.0000
UPID US94-1213114
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
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
Scigliano Asset Holdings LLC · 10 yrs held
Scigliano Asset Holdings LLC
since 2015
1 recorded transaction
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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