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    Property profile & analytics

    1516 Main Ave Nitro, WV 25143-2345

    • Garden apartment buildings
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US94-0044744
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 1516 Main Ave

    Lot size
    0.23 lot acres
    Property type
    Garden apartment buildings
    APN
    20-27- 14-0192.0006
    APU
    20271401920006

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nitro
    County
    Kanawha
    State
    West Virginia
    Longitude
    -81.8286
    Latitude
    38.3932
    CBSA code
    16620
    CBSA name
    CHARLESTON, WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,660
    $10,320
    $42,120
    $52,440
    -
    $17,200
    $70,200
    $87,400

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      4064 40th St

      GARDEN APT, COURT APT (5+ UNITS) • 0.14 Acres
      4064 40th St, Nitro, WV 25143-1319
      View Details
    • Value Estimation
      $305,000
      0.53 Acres

      204 Easter Rd

      GARDEN APT, COURT APT (5+ UNITS) • 0.53 Acres
      204 Easter Rd, Nitro, WV 25143-1524
      View Details
    • Value Estimation
      $295,000
      0.16 Acres

      148 12th Main Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.16 Acres
      148 12th Main Ave, Nitro, WV 25143-1243
      View Details
    • Value Estimation
      $85,000
      0.04 Acres

      2804 1st Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.04 Acres
      2804 1st Ave, Nitro, WV 25143
      View Details
    • Value Estimation
      $205,000
      1.03 Acres

      2110 21st St

      GARDEN APT, COURT APT (5+ UNITS) • 1.03 Acres
      2110 21st St, Nitro, WV 25143-1744
      View Details
    • Value Estimation
      $290,000
      0.20 Acres

      2322 23rd St

      GARDEN APT, COURT APT (5+ UNITS) • 0.20 Acres
      2322 23rd St, Nitro, WV 25143-1749
      View Details

    Similar Nearby for Sale

    • $459,900
      4,900 SF

      Updated Multi-Family Investment Opportunity

      Five-unit building in Nitro, WV, with strong occupancy and updates.
      814-816 Cross Lanes Dr, Nitro, WV 25143
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    • $75,000
      1,440 SF

      Nitro Office Building - Great Investment

      1440 sq ft Office Space, $75,000
      2208 2Nd Ave, Nitro, WV 25143
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    • $390,000
      6,354 SF

      Nitro Office Building - Great Investment

      6,354 sq ft Office, 0.62 Acres
      410 1St Ave, Nitro, WV 25143
      View Details
    • $89,000
      833 SF

      Commercial Building in Nitro, WV

      Single-level commercial building suitable for retail, office, or salon.
      610 C Cross Ln Dr, Nitro, WV 25143
      View Details
    • $690,000
      9,263 SF

      Office Building with Parking

      Well-maintained office building with parking in Nitro, WV.
      106 21St St, Nitro, WV 25143
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    • $299,500
      6,000 SF

      Commercial Retail Property in Nitro

      Retail property in Nitro's central business district, multiple spaces.
      105-107 21St St, Nitro, WV 25143
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      441,499 SF

      Nitro Marketplace Retail Spaces

      West Virginia retail space for lease.
      1000 Nitro Market Pl, Nitro, WV 25143
      View Details
    • Contact for pricing
      3,000 SF

      Nitro Office Space Available

      3000 sq ft office space for rent in Nitro.
      4115 1St Ave, Nitro, WV 25143
      View Details
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    1516 Main Ave
    Nitro, WV 25143-2345
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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