Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    260 Virginia Way Ranson, WV 25438-4876
    Back to Search
    Property profile & analytics

    260 Virginia Way Ranson, WV 25438-4876

    View on Map
    • Retail properties & Spaces
    • 13.74 lot acres
    Off-Market
    Property ID
    US94-1339218
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kohl's / Department Store
    • Cardinal Promotions / Discount Store / Party Supply Store
    • SEPHORA at Kohl's / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • Holiday Inn ranson wV / Shopping Center & Mall

    Property Details for 260 Virginia Way

    Lot size
    13.74 lot acres
    Property type
    Retail properties & Spaces
    APN
    19-08- 8B-0001.0000
    APU
    19088B00010000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ranson
    County
    Jefferson
    State
    West Virginia
    Longitude
    -77.8506
    Latitude
    39.3238
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-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
    $122,728
    $1,282,900
    $3,036,700
    $4,319,600
    -
    $2,138,200
    $5,061,200
    $7,199,400

    Comparable in this City

    • Value Estimation by Request
      1 SF

      at Potomac Towne Blvd

      Retail properties & Spaces • 1 SF
      at Potomac Towne Blvd, Ranson, WV 25438
      View Details
    • Value Estimation by Request
      80,000 SF

      Joshua M. Freeman Blvd

      Retail properties & Spaces • 80,000 SF
      0 Joshua M. Freeman Blvd, Ranson, WV 25438
      View Details
    • Value Estimation by Request

      38 Joshua M. Freeman Blvd

      Restaurants
      38 Joshua M. Freeman Blvd, Ranson, WV 25438
      View Details
    • Value Estimation by Request
      274,338 SF

      9 Wv Rte

      Retail properties & Spaces • 274,338 SF
      9 Wv Rte, Ranson, WV 25438
      View Details
    • Value Estimation by Request
      367,547 SF

      9 & Oak Lee Dr

      Neighborhood centers • 367,547 SF
      9 & Oak Lee Dr, Ranson, WV 25438
      View Details
    • Value Estimation by Request
      0.34 Acres

      400 2nd Ave

      PARKING GARAGE, PARKING STRUCTURE • 0.34 Acres
      400 2nd Ave, Ranson, WV 25438-1053
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Lots in Growing Region

      Commercial lots for lease or sale in Ranson, West Virginia.
      Wv Rte 9, Ranson, WV 25438
      View Details
    • $399,000
      2,640 SF

      Ranson Office Space Opportunity

      Condemned House, 2.47 Acres, High Potential
      1728 Mildred St, Ranson, WV 25438
      View Details
    • $74,900
      0.10 Acres

      Residential Lot in Growing City

      Cleared lot to build your dream home in Ranson!
      406 E 11Th Ave, Ranson, WV 25438
      View Details
    • $60,000
      0.28 Acres

      Residential Lots in Ranson, WV

      Four residential lots totaling 0.28 acres in Ranson, WV.
      415 Mcdonald St, Ranson, WV 25438
      View Details
    • $3,500,000

      Highway Commercial Land for Sale

      11.14 acres of highway commercial land near public utilities.
      9 And Mildred St, Ranson, WV 25438
      View Details
    • Contact for pricing

      Commercial Lots in Growing Region

      Commercial lots for lease or sale in Ranson, West Virginia.
      Baker Blvd, Ranson, WV 25438
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Pad Sites on Route 9

      Retail and restaurant pad sites available for lease.
      Wv Rte 9, Ranson, WV 25438
      View Details
    • Contact for pricing

      Retail Space in Growing Area

      Retail space in Ranson, WV, near Washington D.C. PMSA.
      9 & Oak Lee Dr, Ranson, WV 25438
      View Details
    • Contact for pricing
      4,700 SF

      Retail/Restaurant Pad Sites Available

      Retail and restaurant pad sites for lease on Route 9.
      38 Joshua M Freeman Blvd, Ranson, WV 25438
      View Details
    • Contact for pricing
      2,500 SF

      Retail / Restaurant Pad Sites

      Retail and restaurant pad sites available on Route 9.
      N Fairfax Blvd, Ranson, WV 25438
      View Details
    • Contact for pricing
      1,200 SF

      Regional Shopping Center Space

      Retail space available in Potomac Marketplace, Ranson, WV.
      217 Oak Lee Dr, Ranson, WV 25438
      View Details
    • $2,080 /Mo

      Ranson Office Suite for Rent

      Versatile office space in Ranson with private offices.
      112 E 3Rd Ave, Ranson, WV 25438
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    260 Virginia Way
    Ranson, WV 25438-4876
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    260 Virginia Way, Ranson, WV, 25438
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!