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Property profile & analytics
OFF-MARKET
Medical Office Space
379 Stanaford Rd Beckley, WV 25801-3141
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US94-0273741
Property summary
AI-generated overview
This 7,968 square foot Class B medical office building in Beckley, West Virginia, is situated on a 2.8-acre lot and offers significant potential. Built in 1970, the two-story building features a large parking lot and a separate entrance to the lower level. The property boasts a prime location directly off a major transportation route, with convenient proximity to a local hospital and high school. The approximately one-acre building site allows for potential expansion, while the additional 1.8 acres present further development opportunities. Recent improvements include a new roof, hot water tank, and two air conditioning units (all within the last five years). The asking price is $1,199,000, translating to $150.48 per square foot. This presents a compelling investment opportunity in a growing area. The address is 379 Stanaford Rd, Beckley, WV 25801.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Lot
2.81 ac (122,404 SF)
APN
41-11- 21-0039.0000
UPID
US94-0273741
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
Current use
Occupant on record · Public records
-
Med Surg Physican Group Medical Clinic
-
Dr. Angela L. Basham-Callaway, DO Pediatrician Physician
-
Ashby Diane MD Physician
-
Meghann Long Physician
-
Loretta Bostic Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shahin Alaie, LLC · 19 yrs held
Shahin Alaie, LLC
since 2006
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Beckley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beckley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,410
Tax year 2023
Assessed value
$308,400
Assessed 2023
Previous assessed
$308,400
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$215,880
Assessed improvement
$92,520
Land market value
$359,800
Improvement market value
$154,200
Total market value
$514,000
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Heating
NONE
Lot
2.81 ac (122,404 SF)
APN
41-11- 21-0039.0000
UPID
US94-0273741
Jurisdiction
RALEIGH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
2.81 ac
Current owner
From public records · entity-resolved
Shahin Alaie, LLC
Entity
Mailing address
PO BOX 556, BECKLEY, WV 25802-0556
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2006
—
Shahin Alaie, LLC
Fariba And Shahin Investments,
Deed
$800,000 · United Bank, INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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