Property profile

1316 Old Ml Crk Rd Charleston, WV 25311

OFF-MARKET
Investment properties
Property ID
US94-1261160
8.23 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 9.18-acre commercial property located at 1316 Old Mill Creek Road, Charleston, WV 25311, is being offered at auction on Thursday, August 29th at Noon. Disregard the listed price of $249,900; this property will be sold to the highest bidder at auction. The property is zoned for versatile commercial use, making it ideal for a variety of businesses. Potential uses include a warehouse, commercial garage, or distribution center. The significant lot size presents a substantial opportunity for future development or expansion. The property's address is clearly identified as 1316 Old Mill Creek Road, Charleston, West Virginia. Online bidding is available for those unable to attend the live auction. Detailed information regarding auction procedures, registration, and bidding can be found on the Joe R. Pyle Auctions website. This is a unique opportunity to acquire a large parcel of commercial land in a desirable location with significant potential for growth and return on investment. The property is currently listed as an office building, however, the square footage is not available. This auction presents a compelling investment opportunity for those seeking a flexible commercial space with ample room for future development. Don't miss this chance to secure this prime commercial property.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 8.23 ac (358,499 SF)
APN 20-15- 45-0096.0000
UPID US94-1261160

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1316 Old Ml Crk Rd Charleston, WV 25311-8632
Charleston metro Census 11301 CHARLESTON, WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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