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    Property profile & analytics

    501 Gilbert Ave Follansbee, WV 26037-1270

    • Garden apartment buildings
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $210,000
    Location Intelligence
    Property ID
    US94-1067945
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 501 Gilbert Ave

    Lot size
    0.22 lot acres
    Property type
    Garden apartment buildings
    APN
    05-05-F14G-0044.0000
    APU
    0505F14G00440000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Follansbee
    County
    Brooke
    State
    West Virginia
    Longitude
    -80.5959
    Latitude
    40.3339
    CBSA code
    48260
    CBSA name
    WEIRTON-STEUBENVILLE, WV-OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,685
    $6,960
    $79,620
    $86,580
    -
    $11,600
    $132,700
    $144,300

    Comparable in this City

    • Value Estimation by Request

      101 Wildwood Dr

      GARDEN APT, COURT APT (5+ UNITS)
      101 Wildwood Dr, Follansbee, WV 26037-1859
      View Details
    • Value Estimation by Request
      0.62 Acres

      113 Sunrise Ter

      GARDEN APT, COURT APT (5+ UNITS) • 0.62 Acres
      113 Sunrise Ter, Follansbee, WV 26037-1660
      View Details
    • Value Estimation
      $200,000
      1.77 Acres

      Starr Dr

      GARDEN APT, COURT APT (5+ UNITS) • 1.77 Acres
      Starr Dr, Follansbee, WV 26037
      View Details
    • Value Estimation
      $290,000
      0.63 Acres

      120 Highland Hls Dr

      GARDEN APT, COURT APT (5+ UNITS) • 0.63 Acres
      120 Highland Hls Dr, Follansbee, WV 26037-1066
      View Details
    • Value Estimation
      $420,000
      1.41 Acres

      Highland Hls Dr

      GARDEN APT, COURT APT (5+ UNITS) • 1.41 Acres
      Highland Hls Dr, Follansbee, WV 26037
      View Details
    • Value Estimation
      $320,000
      0.48 Acres

      490 Burgoyne Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.48 Acres
      490 Burgoyne Ave, Follansbee, WV 26037-1775
      View Details

    Similar Nearby for Sale

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      0.05 Acres

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      Historic building, huge potential, 3-bedroom apartment.
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      Follansbee Commercial Opportunity For Sale

      Commercial opportunity with multiple income-producing properties in the heart of Follansbee.
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    • $99,900
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      Follansbee, WV Mixed-Use Property

      Storefront and apartment with high visibility and endless possibilities.
      830 Main St, Follansbee, WV 26037
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    • $95,000
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      Commercial building on Main Street suitable for various business types.
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    • $1,250,000
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      Prime Development Land on Route 2

      10 acres of commercial land with high visibility and traffic.
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      Almost 1 acre of commercial land with high traffic count.
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      View Details
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    501 Gilbert Ave
    Follansbee, WV 26037-1270
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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