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    FOR SALE
    Office buildings

    2 Fergueson Dr, Parkersburg, WV 26101

    0.26 ac lot
    Entity Owned 15-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US94-0049003
    Property summary
    AI-generated overview

    This exceptional 3,960 square foot executive office building in Parkersburg, West Virginia, presents a unique owner/user investment opportunity. Located at 2 Fergueson Dr, this single-story, Class B building, constructed in 1986, sits on an 11,326 square foot lot and offers 15 parking spaces. The asking price is $249,500, translating to $63.01 per square foot. The property's convenient location near I-77 provides excellent accessibility. The building's flexible layout allows for diverse uses; it could easily be converted into two separate office spaces, enabling an owner to occupy one side while generating income by leasing the other. The building features a rubber roof, ensuring long-term durability and low maintenance. This is a rare chance to acquire a well-maintained, strategically located commercial property in a thriving area. The property is comprised of one unit within a single building. This presents a fantastic opportunity for a business seeking to establish a strong presence in Parkersburg or an investor looking for a solid return. The property's size and features make it ideal for a variety of businesses. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 0.26 ac (11,326 SF)
    APN 54-05- 114-0A2A.0000
    UPID US94-0049003
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Solutions Outpatient Services Inc Physician Medical Clinic
    • Spero Health Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Sos Property INC · 15 yrs held
    Sos Property INC
    since 2010
    2 recorded transactions
    2010
    $180,000
    2008
    $140,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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