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Property profile & analytics
OFF-MARKET Estimated value $255,000
Retail space

612 Elk St Gassaway, WV 26624-1136

0.11 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US94-0139989
Property summary
AI-generated overview

This exceptional commercial property, located at 612 Elk Street in Gassaway, West Virginia, presents a unique investment opportunity. The building boasts a substantial 8,399 square feet of space, offering ample room for a variety of commercial ventures. Situated on a conveniently sized 0.12-acre lot, the property provides sufficient space for operations and potential expansion. The asking price is $299,000, representing a compelling value for a property of this size and location in Gassaway. The property's classification as "Other" suggests versatility in its potential uses, making it suitable for a broad range of businesses. Its location in Gassaway offers access to local amenities and a growing community. The substantial square footage provides significant flexibility for layout and design to meet the specific needs of a prospective buyer. This property is an excellent opportunity for entrepreneurs and investors seeking a strong foothold in the Gassaway commercial market. Further investigation into zoning regulations and permitted uses is recommended to fully assess the property's potential. The property's size and location make it an attractive option for businesses seeking a prominent presence in the Gassaway area. Serious inquiries are encouraged to explore the possibilities this unique commercial property offers.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.11 ac (5,009 SF)
APN 04-04- 6-0021.0000
UPID US94-0139989
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
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k
Owner & transaction history
RANDALL D FOSTER
RANDALL D FOSTER
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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