170 17 St Wheeling, WV 26003
- Warehouses
- 36,808 SF
- 3.99 lot acres
Current Use by Public Records
- Warehouses
Property Details for 170 17 St
- Year built
- 1917
- Lot size
- 3.99 lot acres
- Property size
- 36,808 SF
- Property type
- Warehouses
- APN
- 35-10- W7-0003.0000
- APU
- 3510W700030000
Description
This exceptional 67,000-square-foot multi-tenant property in Wheeling, West Virginia, presents a unique investment opportunity. Situated on a 3.98-acre lot overlooking the Ohio River, this Class B building boasts a prime location outside the flood zone. Built in 1917 and renovated in 1995, the two-story structure features 37,000 square feet of warehouse space on the first floor, complete with two loading docks. The second floor offers approximately 8,500 square feet of office space, including a kitchen, two bathrooms, and a conference room. The property offers significant flexibility with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 30,000 square feet. Amenities include a freight elevator, 30 parking spaces, and robust three-phase power (220V and 480V), currently supplying 2000 amps at 480V and another 2000 amps at 240V. Its industrial zoning, proximity to a substation (within 200 feet), and fire suppression systems on both floors make it ideal for various uses, including data centers and cryptocurrency farms. The building has a 450-foot frontage on North 17th Street, with cross-street access via the Ohio River. Currently, 64,000 square feet is available for lease.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $345,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $275,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $300,000
- Retail
- $350,000
- Mixed-Use
- $325,000
- Hospitality
- $265,000
- Educational
- $315,000
- Residential Income
- $365,000
- Energy
- $305,000
- Income-Based Land
- $365,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Wheeling
- County
- Ohio
- State
- West Virginia
- Longitude
- -80.7032
- Latitude
- 40.1173
- CBSA code
- 48540
- CBSA name
- WHEELING, WV-OH METROPOLITAN STATISTICAL AREA