1708 Gihon Rd Parkersburg, WV 26101-9667
This exceptional mixed-use industrial property, located at 1708 Gihon Rd in Parkersburg, West Virginia, presents a unique investment opportunity. The main building boasts 7,298 square feet of climate-controlled space, situated on a 0.892-acre lot just outside the city limits. Features include a 400-amp, three-phase electrical service, two soundproof and humidified rooms, Bryant heat pumps, Carrier A/C units, three restrooms, a security system, an air compressor, computer wiring, and a water cleaning/purification system. The roof is approximately four years old, and the building benefits from energy-efficient LED lighting. A detailed floor plan is available upon request. A second building, a 1,000-square-foot pole barn warehouse, provides additional storage space. The property includes 20 parking spaces and one loading dock with one dock-high door. A fire hydrant is conveniently located at the property corner. The asking price is $450,000, translating to $61.66 per square foot. The property's APN is 08-90-F8A20000. This property is zoned for manufacturing use and offers significant potential for a variety of businesses. The two buildings provide flexibility for diverse operational needs. This is a rare opportunity to acquire a well-maintained and equipped industrial property in a desirable location.
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Kreinik Manufacturing Co Inc. Industrial Manufacturer Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.