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Property profile & analytics
OFF-MARKET Estimated value $355,000
Strip malls

495 Blue Prince Rd 1 Bluefield, WV 24701-9815

3.57 ac lot
Individually Owned 8-yr Hold Free & Clear
Property ID
US94-0493970
Property summary
AI-generated overview

This exceptional investment opportunity presents a 57,550 square foot shopping center situated on a 3.58-acre lot at 495 Blue Prince Road in Bluefield, West Virginia, zip code 24701. The property, built in 1974, comprises four buildings offering versatile space ideal for retail, warehouse, and office uses. Priced at $1,900,000 ($33.01 per square foot), this multi-tenant property benefits from its strategic location, offering easy access to major transportation arteries. The property is conveniently located between Princeton and Bluefield, with close proximity to I-77 (accessible via both the Princeton and Bluefield exits) and the new King Coal Highway, ensuring high visibility and convenient access for customers and employees. Adding to the appeal, a 1000 square foot, three-bedroom, one-bathroom home is included in the sale, presenting additional income potential or on-site management options. This property presents endless possibilities for investors seeking a strong return in a thriving commercial area. The property's size and location make it an attractive prospect for a variety of businesses and investors.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Lot 3.57 ac (155,640 SF)
APN 28-02- 20H-0015.0000
UPID US94-0493970
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k
Owner & transaction history
Steven Patrick Coleman · 8 yrs held
Steven Patrick Coleman
since 2017
2 recorded transactions
2018
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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