410 Race St, Ravenswood, WV 26164-1702
This fee-simple industrial property, located at 410 Race St in Ravenswood, West Virginia, presents a compelling investment opportunity. The 13,196-square-foot warehouse boasts a two-story building on a 1.5-acre lot, offering ample space for distribution, manufacturing, or storage. Built in 2000 and renovated in 2000, the building features a 20-foot ceiling height, three loading docks, and one dock-high door, ideal for accommodating large trucks and trailers. The property is conveniently situated just two blocks from downtown Ravenswood and minutes from Route 2 and I-77, providing excellent access to major transportation routes. The vacant space is turn-key ready, with a new flat roof recently installed. The property is zoned commercial and offers potential for expansion. The asking price is $399,000, translating to $30.24 per square foot. This represents a unique opportunity to acquire a well-located, functional warehouse in a growing area. The property's proximity to new developments on Route 2 further enhances its investment potential. The single-unit building is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.