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    OFF-MARKET
    Schools

    2008 7th Ave, Huntington, WV 25703

    0.28 ac lot
    Entity Owned Free & Clear
    Property ID
    US94-0221458
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Schools
    Use group COLLEGE, UNIVERSITY, VOC SCHOOL
    Lot 0.28 ac (12,197 SF)
    APN 06-05- 19-0594.0000
    UPID US94-0221458
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    MOUNTWEST COMM & TECH COLLEGE
    MOUNTWEST COMM & TECH COLLEGE
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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