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    OFF-MARKET
    Multifamily properties

    7639 Winchester Ave, Inwood, WV 25428

    6,000 SF 0.69 ac lot
    Property ID
    US94-0253647
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Multifamily properties
    Total area 6,000 SF
    Lot 0.69 ac (30,056 SF)
    UPID US94-0253647
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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