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Property profile & analytics

307 Merchant St Fairmont, WV 26554

  • Retail space
  • 0.07 lot acres
Value Estimation
Location Intelligence
Property ID
US94-0193705
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

  • Retail space

Property Details for 307 Merchant St

Lot size
0.07 lot acres
Property type
Retail space
APN
24-05- 7-0040.0000
APU
2405700400000

Description

This exceptional retail investment opportunity presents a portfolio of two buildings totaling 12,800 square feet situated on a 0.815-acre lot in Fairmont, West Virginia. The property, located at 307 Merchant Street, enjoys a highly visible corner location at the intersection of Merchant and Market Streets, boasting 265 feet of road frontage along Market Street and approximately 132 feet along Merchant Street. The portfolio includes a main building offering approximately 10,000 square feet of leasable space and a second, 2,800 square foot building currently occupied by BFS Liquor. Built in 1938 and renovated since, the single-story buildings are zoned CC - City Center, providing flexibility for various retail uses. The property features ample off-street parking with 50 spaces, overhead doors, and substantial storage. Its strategic location offers excellent access and visibility, situated just 1.4 miles from I-79, Exit 136, and a convenient 1.1 miles from downtown Fairmont. The high-traffic area benefits from a daily traffic count of approximately 13,822 vehicles on State Street, ensuring significant exposure for your business. This portfolio presents a rare opportunity to acquire a well-positioned, established retail property in a thriving West Virginia market. The asking price for this turnkey investment is $875,000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $270,000
  • CAP approach

    CAP return
    Estimation
    6%
    $270,000
    6.5%
    $265,000
    7%
    $275,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $250,000
    Geo Method
    $245,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $315,000
    Retail
    $310,000
    Mixed-Use
    $330,000
    Hospitality
    $310,000
    Educational
    $255,000
    Residential Income
    $305,000
    Energy
    $340,000
    Income-Based Land
    $325,000
    Food Service
    $260,000

Location Insight

  • Map
  • Local Demand
City
Fairmont
County
Marion
State
West Virginia
Longitude
-80.1379
Latitude
39.4813
CBSA code
21900
CBSA name
FAIRMONT, WV MICROPOLITAN 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
2023
$2,064
$13,860
$55,620
$69,480
-
$23,100
$92,700
$115,800
More about this property
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