7639 Winchester Ave, Inwood, WV 25428
This exceptional 0.69-acre lot at 7639 Winchester Avenue in Inwood, West Virginia presents a turnkey multi-family development opportunity. The property boasts pre-approved site plans for a 6,000 square foot building, eliminating significant pre-construction hurdles and saving valuable time. The approved plans detail a thoughtfully designed structure featuring three 1,000 square foot flex office spaces on the main level, ideal for a variety of commercial uses. Above, the second level comprises three 1,000 square foot apartments, catering to the growing residential demand in the area. All necessary permits, including highway permits, are included in the sale, ensuring a smooth and efficient transition to the construction phase. This property is strategically located in the heart of Inwood's burgeoning commercial district, directly adjacent to the new Food Lion grocery store, guaranteeing high visibility and convenient access for both commercial tenants and residents. The combination of approved plans, readily available permits, and a prime location makes this a truly exceptional investment opportunity, ready for immediate development. Don't miss this chance to capitalize on Inwood's vibrant growth. The asking price is $359,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.