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    OFF-MARKET
    Office buildings

    338 Locust Ave, Fairmont, WV 26554-4716

    0.11 ac lot
    Entity Owned 17-yr Hold Free & Clear
    Property ID
    US94-0155092
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 338 Locust Avenue in Fairmont, West Virginia, presents a unique investment opportunity. The building encompasses a substantial 2,052 square feet of space, offering ample room for a variety of commercial ventures. Situated on a conveniently sized 0.11-acre lot, the property provides sufficient land for expansion or outdoor activities, depending on the intended use. The asking price is $89,900, representing a competitive entry point into the Fairmont commercial real estate market. The property's "Other" classification suggests versatility in its potential applications, making it suitable for a broad range of businesses. Its location in Fairmont offers access to a established community and local infrastructure. The property's size and price point make it an attractive option for entrepreneurs and investors seeking a foothold in a growing market. Further due diligence is recommended to fully assess the property's suitability for specific business plans. Interested parties are encouraged to conduct thorough inspections and research to determine the property's potential and align it with their individual business objectives. This property offers a compelling blend of size, location, and affordability, making it a noteworthy opportunity in the Fairmont commercial real estate landscape. Serious inquiries are welcome.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 0.11 ac (4,922 SF)
    APN 24-03- 26-0263.0000
    UPID US94-0155092
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Tahoe Management Five LLC · 17 yrs held
    Tahoe Management Five LLC
    since 2008
    1 recorded transaction
    2008
    $150,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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