Technical
Financial
Distress signals
Property profile

3010 Short Crk Rd Racine, WV 25165

OFF-MARKET
Office buildings
Property ID
US94-1072377
0.07 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 3010 Short Creek Road in Racine, West Virginia, presents a unique investment opportunity. Priced at $119,000, this 0-unit retail land parcel offers significant potential for a variety of commercial ventures. Currently utilized as a post office, the property boasts a strategic location within Boone County, WV, zip code 25165, providing excellent visibility and accessibility. The site's geographic coordinates are 38.1471369 latitude and -81.6522869 longitude. The property is classified as both retail and land, falling under the commercial subtype. This presents a blank canvas for entrepreneurs seeking to establish a new business or redevelop an existing one. The property's current use as a post office speaks to its established presence and potential for continued success in a variety of commercial applications. Given its location and current use, this property represents a compelling investment opportunity in a growing West Virginia market. Serious inquiries are encouraged to explore the possibilities this prime retail land parcel offers. The asking price reflects the property's value and potential for future growth. Further details are available upon request.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.07 ac (3,093 SF)
APN 03-06- 4A-0004.0000
UPID US94-1072377

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Post Office Logistics Service

Location

3010 Short Crk Rd Racine, WV 25165-5000
Racine metro Census 958600 CHARLESTON, WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

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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