Property profile

260 Monticello Ave Clarksburg, WV 26301

OFF-MARKET
Residential income homes
Property ID
US94-0093287
0.11 ac lot
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This unique commercial property, located at 260 Monticello Avenue in Clarksburg, West Virginia, offers 4,725 square feet of versatile space situated on a 0.12-acre lot. The property's classification as "Other" suggests a wide range of potential uses, making it an attractive investment opportunity for entrepreneurs and businesses seeking a flexible space to suit their specific needs. The building's substantial size provides ample room for various configurations, accommodating offices, retail spaces, workshops, or a combination thereof. Its location in Clarksburg offers access to a local market and potential customer base. The asking price of $100,900 presents a compelling entry point for those seeking a cost-effective commercial property in a convenient location. The property's size and adaptability make it suitable for a variety of commercial ventures, offering significant potential for return on investment. Further investigation into zoning regulations and permitted uses is recommended to fully explore the possibilities this property presents. Interested parties are encouraged to conduct their due diligence to assess the suitability of this property for their specific business needs and objectives. The 0.12-acre lot provides sufficient space for potential expansion or outdoor activities related to the business. This property represents a rare opportunity to acquire a substantial commercial space at an attractive price point in a desirable West Virginia location.

Property profile

Verified
Property type Residential income homes
Use group BOARDING/ROOMING HOUSE
Lot 0.11 ac (4,704 SF)
APN 17-03- 24-0158.0001
UPID US94-0093287

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

260 Monticello Ave Clarksburg, WV 26301-3038
Clarksburg metro Census 30400 CLARKSBURG, WV MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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