Property profile

1511 Fairmont Ave Fairmont, WV 26554

OFF-MARKET
Retail space
Property ID
US94-0129672
0.14 ac lot
Individually Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1511 Fairmont Avenue in Fairmont, West Virginia, presents a unique investment opportunity. The building encompasses 1,376 square feet of usable space, situated on a 0.14-acre lot. Its versatile "Other" property type allows for a wide range of potential uses, making it ideal for entrepreneurs and established businesses alike. The property's prime Fairmont Avenue location offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers and employees. The asking price of $179,900 represents a compelling value for a property of this size and location in a thriving West Virginia market. The substantial square footage provides ample space for various business configurations, allowing for customization to meet specific operational needs. This property is ready for immediate occupancy, presenting a rare chance to establish or expand a business in a desirable area. Its strategic location within Fairmont offers easy access to major transportation routes, enhancing its appeal to a broad range of potential buyers. The 0.14-acre lot provides ample space for parking or potential future expansion. Serious inquiries are encouraged to explore the possibilities this property offers. Don't miss this chance to acquire a valuable commercial asset in a vibrant and growing community.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.14 ac (6,011 SF)
APN 24-04- 1-0016.0000
UPID US94-0129672

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Training Center Sports School

Location

1511 Fairmont Ave Fairmont, WV 26554-2135
Fairmont metro Census 21100 FAIRMONT, WV MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2010
1 recorded transaction
2010
$180,000

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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