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    OFF-MARKET
    Office buildings

    2303 Murdoch Ave, Parkersburg, WV 26101-2532

    0.1 ac lot
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US94-0432580
    Property summary
    AI-generated overview

    This exceptional commercial property, situated at 2303 Murdoch Avenue in Parkersburg, West Virginia, presents a fantastic opportunity for business owners. Boasting just under 2,000 square feet of space, this versatile building is ideally suited for a company office or small retail establishment. The property benefits from a prime location on Murdoch Avenue, a high-traffic area with an impressive Annual Average Daily Traffic count of 11,310 vehicles, ensuring significant visibility and potential customer reach. Recent improvements enhance the property's appeal and functionality. These upgrades include a brand-new metal roof, providing lasting protection and durability, and a complete electrical service overhaul, ensuring modern and reliable power. Furthermore, the building has undergone both interior and exterior remodeling, resulting in a refreshed and updated space ready for immediate occupancy. The property sits on a 0.1-acre lot, offering ample space for parking and potential future expansion. Priced competitively at $260,000, this property represents an excellent investment opportunity in a thriving commercial area. Don't miss the chance to establish your business in this highly visible and well-maintained building. Contact us today to schedule a viewing.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 0.1 ac (4,400 SF)
    APN 54-05- 53-0036.0000
    UPID US94-0432580
    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
    • AQS Restaurant Equipment Repair Production Facility Industrial Manufacturer
    • Air Quality Solutions Heating and Cooling Hardware & Home Improvement HVAC Service
    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
    Lane Properties LLC · 6 yrs held
    Lane Properties LLC
    since 2019
    2 recorded transactions
    2019
    $118,000
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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