For Sale
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Property summary
This exceptional investment opportunity presents a 29,500 square foot, single-story retail and office building situated on a 1.86-acre lot in Cross Lanes, West Virginia. The property, located at 5453 Big Tyler Rd, boasts a strong 5.63% cap rate and a current NOI of $81,600. The building, constructed in 1974, features a total of three units, with a current occupancy rate of 30%. One unit (6,500 sq ft) is currently leased to a daycare center, extending until October 1, 2029. Two additional vacant units present significant upside potential. A 15,500 square foot space, previously a fitness center, includes an in-ground pool and locker rooms. A 7,500 square foot space, formerly used as a church, offers versatile options for office or retail use. The property includes 54 parking spaces and is classified as a Class B building with a modified lease type. The net rentable area is 23,000 square feet, with an asking price of $1,450,000 ($49.15 per square foot). This owner/user investment presents a compelling opportunity to capitalize on a prime location and substantial potential for increased revenue. The property's APN is Union 22E-74. The building is situated in Kanawha County, West Virginia, zip code 25313.
Property profile
VerifiedCap rate & NOI
Current use
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Daycare Center
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Grocery & Convenience Store
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Bank Credit Union
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Daycare Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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