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    Property profile & analytics

    16587 Rte 60 Milton, WV 25541

    • Retail space
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $200,000
    Last Sale
    Dec 30, 2021
    $183,000
    Location Intelligence
    Property ID
    US94-0248793
    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

    • Retail space

    Property Details for 16587 Rte 60

    Lot size
    0.21 lot acres
    Property type
    Retail space
    APN
    06-09- 9B-0005.0000
    APU
    06099B00050000

    Description

    This exceptional 0.21-acre industrial property, located at 16587 Route 60 E in Milton, West Virginia, presents a compelling investment opportunity. Priced at $279,000, this lot offers significant potential for a variety of industrial uses. Its strategic location along Route 60 E provides excellent accessibility and visibility, making it an ideal site for businesses requiring convenient transportation links. The property's size is well-suited for smaller-scale industrial operations, warehousing, or light manufacturing. The land is ready for development, eliminating the need for extensive site preparation. This presents a cost-effective entry point into the West Virginia industrial market. Prospective buyers will appreciate the straightforward nature of this offering, allowing for a streamlined acquisition process. The property's location in Milton offers access to a growing workforce and established infrastructure. This is a rare opportunity to acquire a well-positioned industrial lot at an attractive price point. Serious inquiries are encouraged to explore the possibilities this property offers. The absence of existing structures allows for complete customization to meet specific business needs. This translates to significant flexibility in design and layout, maximizing efficiency and productivity. Don't miss this chance to secure a prime piece of industrial real estate in a thriving West Virginia community. Further details are available upon request.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $210,000

    • CAP approach

      CAP return
      Estimation
      6%
      $185,000
      6.5%
      $180,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $170,000
      Geo Method
      $200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $170,000
      Retail
      $170,000
      Mixed-Use
      $210,000
      Hospitality
      $190,000
      Educational
      $200,000
      Residential Income
      $165,000
      Energy
      $190,000
      Income-Based Land
      $155,000
      Food Service
      $200,000

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Cabell
    State
    West Virginia
    Longitude
    -82.1128
    Latitude
    38.4333
    CBSA code
    26580
    CBSA name
    HUNTINGTON-ASHLAND, WV-KY-OH 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
    $2,281
    $27,480
    $42,960
    $70,440
    -
    $45,800
    $71,600
    $117,400

    Comparable in this City

    • Value Estimation by Request
      0.91 Acres

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    • Value Estimation by Request
      0.14 Acres

      1111 Main St

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    • Value Estimation
      $145,000
      0.75 Acres

      1 Fairgrounds Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.75 Acres
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      View Details
    • Value Estimation
      $445,000
      0.33 Acres

      225 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.33 Acres
      225 Main St, Milton, WV 25541
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    • Value Estimation
      $380,000
      0.08 Acres

      1025 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
      1025 Main St, Milton, WV 25541-1215
      View Details
    • Value Estimation
      $270,000
      0.25 Acres

      1180 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.25 Acres
      1180 Main St, Milton, WV 25541-1372
      View Details

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    16587 Rte 60
    Milton, WV 25541
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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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