3631 Big Otter Hwy Ivydale, WV 25113
This exceptional 4,845-square-foot property, situated on a one-acre lot in Ivydale, West Virginia, presents a unique investment opportunity. Currently configured as a church, the building boasts a rich history, having previously served as a schoolhouse. Its adaptable layout offers significant potential for repurposing to suit a variety of needs, making it ideal for social gatherings, weekend rentals, or other commercial ventures. Located at 3631 Big Otter Hwy, 25113, Clay County, this property enjoys a convenient location, approximately 30 minutes from Flatwoods and 40 minutes from Charleston, West Virginia, with easy access to I-77. The asking price is $100,000, translating to $20.64 per square foot. The property offers privacy for those seeking a secluded setting while remaining within easy reach of major transportation routes and urban centers. Its versatile design and prime location make it a compelling investment prospect with substantial upside potential. The single building on the property provides ample space for various uses, and its history adds to its unique character and appeal. This is a rare opportunity to acquire a substantial property in a desirable location at an attractive price point.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
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Property description
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