3743 Teays Vly Rd Hurricane, WV 25526-9645
- Retail space
- 0.79 lot acres
Current Use by Public Records
- Raznhair Salon / Beauty Salon
- Martin Engineering PLLC / Engineering Consultant
Property Details for 3743 Teays Vly Rd
- Lot size
- 0.79 lot acres
- Property type
- Retail space
- APN
- 40-10-222P-0042.0000
- APU
- 4010222P00420000
Description
This exceptional 3,000 square foot single-story commercial building presents a lucrative investment opportunity in Hurricane, WV. Located at 3743 Teays Valley Road, Unit 3743, this property boasts a highly desirable location with excellent visibility and substantial traffic flow. Currently fully leased to two separate businesses, the building is divided into three easily adaptable suites, offering flexibility for a variety of tenants or a single large occupant. The layout allows for diverse business types, maximizing rental income potential. The 0.76-acre lot provides ample parking for tenants and customers, a significant advantage in this busy area. The property's design prioritizes accessibility and mobility, making it an attractive option for a wide range of businesses. Furthermore, the existing site offers potential for future expansion, allowing for the development of additional structures or further parking expansion to meet growing needs. Priced at $799,000, this investment property offers a strong return on investment with its prime location, current rental income, and potential for future growth. Don't miss this chance to acquire a thriving commercial property in a rapidly developing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $280,000
- 6.5%
- $295,000
- 7%
- $275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $235,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $260,000
- Retail
- $280,000
- Mixed-Use
- $340,000
- Hospitality
- $290,000
- Educational
- $345,000
- Residential Income
- $305,000
- Energy
- $265,000
- Income-Based Land
- $280,000
- Food Service
- $355,000
Location Insight
- Map
- Local Demand
- City
- Hurricane
- County
- Putnam
- State
- West Virginia
- Longitude
- -81.9656
- Latitude
- 38.4456
- CBSA code
- 26580
- CBSA name
- HUNTINGTON-ASHLAND, WV-KY-OH METROPOLITAN STATISTICAL AREA