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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3034 Pennsylvania Ave Weirton, WV 26062-3721

    • Office buildings
    • 0.18 lot acres
    OFF-MARKET
    Value Estimations
    $265,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US94-0034852
    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

    • Jack Fowler - State Farm Insurance Agent / Renter'S Insurance Agency / Insurance Agency
    • All American Pre Owned Auto / Used Car Dealer

    Property Details for 3034 Pennsylvania Ave

    Lot size
    0.18 lot acres
    Property type
    Office buildings
    APN
    15-06-W43H-0129.0000
    APU
    1506W43H01290000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $265,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Weirton
    County
    Hancock
    State
    West Virginia
    Longitude
    -80.548
    Latitude
    40.4119
    CBSA code
    48260
    CBSA name
    WEIRTON-STEUBENVILLE, WV-OH 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
    $2,075
    $12,720
    $55,260
    $67,980
    -
    $21,200
    $92,100
    $113,300

    Comparable in this City

    • Value Estimation
      $265,000
      0.23 Acres

      3412 Ww St

      OFFICE BUILDING • 0.23 Acres
      3412 Ww St, Weirton, WV 26062-4523
      View Details
    • Value Estimation
      $265,000
      0.26 Acres

      3722 Pennsylvania Ave

      OFFICE BUILDING • 0.26 Acres
      3722 Pennsylvania Ave, Weirton, WV 26062-4137
      View Details
    • Value Estimation
      $265,000
      0.30 Acres

      2814 Pennsylvania Ave

      OFFICE BUILDING • 0.30 Acres
      2814 Pennsylvania Ave, Weirton, WV 26062-3719
      View Details
    • Value Estimation
      $275,000
      0.31 Acres

      104 24th St

      OFFICE BUILDING • 0.31 Acres
      104 24th St, Weirton, WV 26062-3552
      View Details
    • Value Estimation
      $265,000
      2.04 Acres

      2900 Culler Rd

      OFFICE BUILDING • 2.04 Acres
      2900 Culler Rd, Weirton, WV 26062-9677
      View Details
    • Value Estimation
      $280,000
      1.23 Acres

      2416 Pennsylvania Ave

      OFFICE BUILDING • 1.23 Acres
      2416 Pennsylvania Ave, Weirton, WV 26062-3639
      View Details

    Similar Nearby for Sale

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      0.22 Acres

      Office Building in Weirton, WV

      Office building for sale in Weirton, West Virginia.
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      View Details
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      Medical/Professional Building Investment Opportunity

      Stabilized medical/professional building with income and growth potential in Weirton.
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      24,000 SF Retail & Office Space in WV
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    • $279,000
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      332 Penco Rd, Weirton, WV 26062

      Office Properties & Spaces • 1,162 SF
      332 Penco Rd, Weirton, WV 26062
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    • $189,900
      0.15 Acres

      Weirton, WV Mixed-Use Property

      Prime Location, High Potential Business
      2109 Pennsylvania Ave, Weirton, WV 26062
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    • Contact for pricing
      5.00 Acres

      Prime Weirton Land - 5 Acres

      West Virginia development opportunity. Five acres ready to build.
      0 Tbd Park Dr, Weirton, WV 26062
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    Similar Nearby for Lease

    • $14,250 /Mo
      21,344 SF

      Downtown Weirton Commercial Space Available

      19,000 SF in downtown Weirton, ideal for retail/office/warehouse.
      3539 Main St, Weirton, WV 26062
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    • $1,100 /Mo
      Pending

      Weirton Office Space For Lease

      Prime office space in downtown Weirton with high visibility.
      3970 Main St, Weirton, WV 26062
      View Details
    • $2,500 /Mo
      53,579 SF

      Renovated Office Space Available

      High-quality, flexible office space in Weirton, WV for lease.
      2416 Pennsylvania Ave, Weirton, WV 26062
      View Details
    • Contact for pricing
      135,000 SF

      Three Springs Crossing Office Suites

      Prime Weirton Office Space Available
      241 Three Springs Dr, Weirton, WV 26062
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      1,250 SF

      Prime Executive Office Suite in Brooke County

      1,250 SF Executive Office Space Available
      3970 Main St, Weirton, WV 26062
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space in Weirton

      6,000 sq ft retail space available for rent.
      222 Park Dr, Weirton, WV 26062
      View Details
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    3034 Pennsylvania Ave
    Weirton, WV 26062-3721
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    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
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