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    Property profile & analytics

    240 40th St Nitro, WV 25143-1523

    • Commercial land
    • 1.22 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 21, 2024
    $590,000
    Location Intelligence
    Property ID
    US94-0368250
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 240 40th St

    Lot size
    1.22 lot acres
    Property type
    Commercial land
    APN
    20-27- 20-0006.0000
    APU
    20272000060000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nitro
    County
    Kanawha
    State
    West Virginia
    Longitude
    -81.8132
    Latitude
    38.4287
    CBSA code
    16620
    CBSA name
    CHARLESTON, WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,721
    $54,360
    $0.00
    $54,360
    -
    $90,600
    $0.00
    $90,600

    Comparable in this City

    • Value Estimation by Request
      0.01 Acres

      Goff Mtn Rd

      VACANT COMMERCIAL LAND • 0.01 Acres
      Goff Mtn Rd, Nitro, WV 25143
      View Details
    • Value Estimation by Request
      0.01 Acres

      2702 1st Ave

      VACANT COMMERCIAL LAND • 0.01 Acres
      2702 1st Ave, Nitro, WV 25143
      View Details
    • Value Estimation by Request
      0.16 Acres

      617 1st S Ave

      VACANT COMMERCIAL LAND • 0.16 Acres
      617 1st S Ave, Nitro, WV 25143-2317
      View Details
    • Value Estimation by Request
      0.22 Acres

      1015 1st Ave

      VACANT COMMERCIAL LAND • 0.22 Acres
      1015 1st Ave, Nitro, WV 25143
      View Details
    • Value Estimation by Request

      1st Ave

      VACANT COMMERCIAL LAND
      1st Ave, Nitro, WV 25143
      View Details
    • Value Estimation by Request

      1st Ave

      VACANT COMMERCIAL LAND
      1st Ave, Nitro, WV 25143
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.30 Acres

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      1.30 +/- acre lot to be sold at auction.
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      Nitro Office Building - Great Investment

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      Nitro Office Building - Great Investment

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      Office Building with Parking

      Well-maintained office building with parking in Nitro, WV.
      106 21St St, Nitro, WV 25143
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    • $1,739,141
      10,640 SF

      Dollar General NNN Investment Property

      Newly opened Dollar General with a 15-year lease.
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    • $900,000
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      Retail Property on Main Avenue

      Retail property available for sale on Main Avenue.
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    Similar Nearby for Lease

    • Contact for pricing
      441,499 SF

      Nitro Marketplace Retail Spaces

      West Virginia retail space for lease.
      1000 Nitro Market Pl, Nitro, WV 25143
      View Details
    • Contact for pricing
      3,000 SF

      Nitro Office Space Available

      3000 sq ft office space for rent in Nitro.
      4115 1St Ave, Nitro, WV 25143
      View Details
    Request Owner's contact information
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    240 40th St
    Nitro, WV 25143-1523
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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