3802 Camden Ave Parkersburg, WV 26101-6335
- Auto shops
- 0.19 lot acres
Current Use by Public Records
- Tom's Auto Repair / Auto Repair Shop
Property Details for 3802 Camden Ave
- Lot size
- 0.19 lot acres
- Property type
- Auto shops
- APN
- 54-05- 17-0182.0000
- APU
- 54051701820000
Description
This exceptional 4,160 square foot commercial property, situated on a 0.19-acre lot at 3802 Camden Avenue in Parkersburg, WV, presents a unique investment opportunity. The building, constructed of newer cement block, boasts a versatile layout ideal for multiple uses. Previously utilized as an industrial space and repair garage, the property features five bay doors – four 10-foot doors and one 12-foot door – allowing for easy access and potential for separate leasing. A significant advantage is the inclusion of a full-size, one-bedroom apartment on the upper floor, providing additional income potential or owner-occupancy options. The ground floor also includes a large 600 square foot office with its own private bathroom, adding to the property's flexibility. Further enhancing its income-generating potential is a three-bay garage equipped with an interior water station and bathroom. Additionally, a two-bay section with separate exterior access offers further possibilities for independent leasing or expansion. This property offers the unique opportunity to operate as a single cohesive unit or be divided for multiple income streams, making it an attractive investment for both seasoned and aspiring commercial property owners. The strategic location in Parkersburg, WV, adds to its appeal.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $280,000
- 6.5%
- $245,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $220,000
- Retail
- $290,000
- Mixed-Use
- $255,000
- Hospitality
- $245,000
- Educational
- $260,000
- Residential Income
- $265,000
- Energy
- $285,000
- Income-Based Land
- $265,000
- Food Service
- $225,000
Location Insight
- Map
- Local Demand
- City
- Parkersburg
- County
- Wood
- State
- West Virginia
- Longitude
- -81.5308
- Latitude
- 39.2461
- CBSA code
- 37620
- CBSA name
- PARKERSBURG-MARIETTA-VIENNA, WV-OH METROPOLITAN STATISTICAL AREA