2008 7th Ave, Huntington, WV 25703
This exceptional 16,000 square foot mixed-use property, located at 2008 7th Avenue Unit 2008 in Huntington, West Virginia, presents a compelling investment opportunity. Situated on a sizable 1.4-acre lot, this property boasts significant development potential. The existing zoning, designated as R5 and NCD, allows for a variety of uses, including the addition of multi-unit residential development. Furthermore, the property is compliant with Huntington's zoning ordinances (specifically 1327.02), permitting light commercial ventures. This flexibility makes it an ideal canvas for creative entrepreneurs and savvy investors seeking to capitalize on a prime location within a thriving community. The substantial lot size offers ample space for expansion or redevelopment, allowing for significant future growth and increased return on investment. This property's versatility and strategic location make it a rare find in the Huntington market. The asking price of $949,000 reflects the property's considerable potential and presents a strong value proposition for discerning buyers. Serious inquiries are encouraged to explore the possibilities this unique property offers.
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
No recorded transactions found for this property.
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.